Word: ceos
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...would also satisfy Sun CEO Scott McNealy's strong desire to compete eyeball to eyeball with Microsoft in personal-computer operating systems and software. Indeed, Sun has won glowing reviews for its new Java programming language, which the company pitches as a way to write new kinds of programs that work best on the World Wide Web. Sun might be able to use Java, which does not depend on any one computing system for its success, to reinvigorate the Macintosh line...
...CUPERTINO, CALIFORNIA: Apple Computer may have a new CEO, and a new determination to remain independent. Although the company has not confirmed it, The Wall Street Journal reported that the embattled Michael Spindler has stepped down in favor of Apple board member Gil Amelio, who left his position as head of National Semiconductor Corp. Board members are believed to be leaning against a merger with Sun Microsystems. The tough-minded Amelio is a good choice, an executive adept at rebuilding battered companies. San Francisco Bureau Chief David Jackson reports: "A new CEO will have a better chance to rejuvenate...
...severance package that could amount to $45 million or more) and promoted two lieutenants, general counsel Philippe Dauman and finance chief Tom Dooley, to be his chief deputies. But it was clear that the 72-year-old chairman plans to take hands-on control himself. "When you have a CEO, unless you want to undermine him--and I never wanted to undermine Frank--you pretty much have to follow his course," Redstone told TIME. "I saw issues developing, and my sense was that they weren't being dealt with as aggressively as they should have been...
Frank Biondi, president and CEO of Viacom, was ousted by chairman Sumner Redstone, who said the company needed more aggressive leadership. Nine years ago, Redstone lured Biondi away from Coca-Cola, and in 1994 he awarded him $16.3 million in cash and stock-option bonuses for his role in Viacom's takeover of Paramount...
Each of these enterprises has cut the nonsense and benefited from a dose of financial discipline, while the royals have continued to traffic in nonsense and avoid all forms of discipline, especially marital. Their principal activities seem to be making hairdresser appointments, divorcing and shooting grouse. The future CEO of the bunch, Prince Charles, is Goofy already, plus he's got Mickey's ears...