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Firms Pay More for External CEOs

 

Chief executives hired outside a company are paid significantly more than chief executives hired in-house, according to a new study.

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Large Gap in CEO Pay

 

Despite increasing public scrutiny of exorbitant CEO salaries, 2007 saw an increase in CEO pay at S&P 500 companies.

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Power of Strategy

 

As an organization grows, the strategy to manage the evolution is a challenge. There's a clear need for meticulously monitored initiatives that will impact the newer versions of the organization.

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The need for CEO's to manage their small business reputation online

The need for CEO's to manage their small business reputation online

 

An online presence is becoming a basic business standard in today’s global economy, and no one should understand that more than the man (or woman) at the top – the CEO.

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Setting the Proper Tone of Leadership for Your organization

 

Often a CEO or owner of a business, when the topic of being a great leader is brought up, immediately looks within.

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Building and Leading a Top Notch Sales Team

 

Sales, in many cases, is the area of day to day operations that CEOs have the deepest background in.

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Welcome to C.E.O. Watch, where we take stock of the business world's major players, while providing weekly news roundups from the world of Wall Street. Here we profile the C.E.O.s and their firms – those reinventing their companies amid bleak economic times and those unlikely to recover from historic losses. We tally Corporate America's wins and losses while providing insight into the capitalism's insiders. We mean business.

 

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Latest Business & Chief Executive News

The Bright Lights Are Now On: GE CEO Jeff Immelt to Spearhead US Economic Recovery as Job "Czar"

Though largely unnoticed prior to his recent CBS "60 Minutes" story, GE CEO Jeff Immelt has been entrusted with implementing job creation strategies in the badly sagging United States economy.

    Dr. Ana Anzola, CCC-A, FAAA, ABA

    doctor ana anzolaAs owner and CEO, Dr. Ana Anzola oversees the operation of the 6 offices in the Washington, DC Metro Area. As a Doctor of Audiology, she offers personalized hearing care service, utilizing an evidence-based, patient-centered approach, with a focus on diagnosing, evaluating, treating and preventing hearing disorders. She provides individualized care and treatment options for the entire spectrum of hearing disorders while dedicating time to educate patients and ensure their success with the most technologically advanced hearing solutions and tinnitus management.

    Summer Redstone

    sumnerredstoneIn 1979, Sumner Redstone survived a fire at Boston’s Copley Plaza Hotel by hanging on, literally, to dear life from a third floor window with his severely burned hand. Doctors didn’t expect him to live through multiple surgeries, much less go on to steer media giant Viacom towards unprecedented success. But Redstone, with unequivocal resolve and driving ambition, has done just that. After graduating from Harvard Law School in 1947, Redstone worked briefly for the U.S. Justice Department and a Washington D.C. law firm before joining his father’s drive-in movie business in 1954. Redstone eventually took over the business and turned it into National Amusements Inc.

     

    Dov Charney

    dov charneyThe rise of retail giant American Apparel has its origins in cross-border trips founder and C.E.O. Dov Charney would make from his native Montreal to nearby U.S. towns. It was during these visits in the early 90s that Charney noticed the disparity between the comfortable casual clothing on store shelves south of the border and the cheaper polyester blends available in Canada. Charney started buying Hanes T-shirts and selling them at a premium back home, and the seeds of an American success story were sewn. After studying in New England, Charney relocated to Los Angeles and started American Apparel as a wholesale T-shirt manufacturer.

     

    Dietrich Mateschitz

    dietrich mateschitzDietrich MateschitzIt took Austrian businessman Dietrich Mateschitz 10 years to graduate from Vienna University with a marketing degree, a snails pace by most standards. But the Mateschitz has been on a fast track towards business success ever since. After a short stint with Unilever, Mateschitz moved to Blendax, a German cosmetics company since purchased by Procter and Gamble. Mateschitz marketed Blendax toothpaste, among other products. In 1984, during a Blendax business trip to Thailand, Mateschitz discovered the drink that would later become Red Bull. While in a Bangkok hotel lobby, he took a sip of an energy drink lorry drivers loved to drink for its stimulating virtues, “Krating Daeng,” or Red Bull.

     

    Sasha Froyland

    sashaBusiness success comes from enjoying what you do. Sasha Froyland enjoys helping businesses meet or exceed their goals by enabling office workers to perform their job faster, with more accuracy, and with less effort. His great-great-grandfather, Daniel Best, inventor of the Caterpillar tractor, had as the seed for his invention the fortune to work in the agriculture industry and watch first hand the hard life of the American farmer. Daniel Best's invention sprung from the belief that he could improve the quality of life for farmers world-wide. Entrepreneurship and the need to give back was instilled in Sasha early on in life.

     


    Carlos Ghosn

    carlos ghosnCarlos Ghosn was born to Lebanese parents in 1954, in Porto Velho, a remote city of the Amazon basin in Brazil. He moved to Beirut with his mother when he was 6. Under Lebanon's French protectorate, he completed his secondary school studies at a Jesuit school in Beirut. He then entered the elitist French Ecole Polytechnique in 1974 from which he graduated in engineering with a specialization at the Ecole des Mines in Paris in 1978. Ghosn has French citizenship.

     

    Jeffery Immelt

    jeffery immeltGeneral Electric C.E.O. Jeffery Immelt was born in Cincinnati, Ohio in 1956. With GE since 1982, Immelt holds a B.A. in Applied Mathematics from Dartmouth College and an M.B.A from Harvard Business School. In addition to the C.E.O. post, Immelt is on the board of two non-profit organizations, including the Robin Hood Foundation, which attempts to alleviate poverty in New York City. As GE’s chief executive, Immelt gives the impression that he's at home at a turbine factory in Schenectady, N.Y., a research lab in Bangalore, and a dress rehearsal for Saturday Night Live. "This is not a man in a bubble," NBC's Conan O'Brien told Time magazine.

     

    Lakshmi Mittal

    lakshmi mittalLakshmi Narayan Mittal was born in 1950 in Rajasthan, India. to a poor and large family. He spent most of his childhood in the village until his family moved to Calcutta. There, his father, Mohan, became a partner in a steel company and eventually made fortune. In 1969, Mittal graduated from St. Xavier's College in Calcutta with a business and accounting degree. Mittal started his career with the family in the steel-making trade until 1976, when the Mittal family founded its own steel business. Mittal then developed the international division of the company, starting with the purchase of a bankrupt plant in Indonesia. In 1994, due to disagreements with his father and brothers, he took over all the international trade of the family's steel business and branched out on his own.


    Ratan Tata

    ratan tataRatan N. Tata is the chairman of India's largest conglomerate, the Tata Group, established by his family's earlier generations. Tata is organized into seven divisions: engeneering, materials, chemicals, energy, NTIC, services and consumption goods. Ratan Tata was born in 1937, in Mumbai, India. The Tata family have been active in industry and philanthropy since the 19th century. The Tata Group, founded by Ratan's great grandfather, Jamsetji Tata, is one of the largest private employers in India. JRD Tata, Ratan's father, was the first Indian citizen to obtain a plane pilot's license, and he is considered the father Indian aviation. In 1932, he founded Tata Airlines, which became Air India in 1946. Ratan's childhood was troubled as his parents divorced when he was 7 years old. He was raised by his grandmother. After the Campion School in Mumbai, he graduated in Architecture and Structural Engineering from Cornell University, New York, in 1962.

     

    Richard Branson

    sir richard bransonSir Richard Charles Branson was born in Surrey, England in 1950. Dyslexic and saddled with poor academic performance, he nonetheless attempted two ventures at age 15: growing Christmas trees and raising budgerigars. Both ventures failed. He didn't have to wait long for his first successful venture, though, which came at age sixteen when he launched Student magazine. In 1970, at age 20, he set up a mail-order business record. The following year, he opened a now famous chain of record stores, Virgin records, later known as Virgin Megastores.


    Doris and Don Fisher

    doris don fisherDoris and Don Fisher opened the first Gap store in Ocean Avenue, San Francisco in 1969. The locale, in order to make it "easier to find a pair of jeans," also sold records and tapes. Today Gap is one of world's largest specialty retailers, earning a reported $ 15.9 billion in fiscal year 2006.

     

    Craig Newmark

    craig newmarkCraig Alexander Newmark, born December 6, 1952 in Morristown, New Jersey, is an Internet entrepreneur best known as the founder of the San Francisco-based Web site Craigslist. Newmark attended Morristown High School and graduated from Case Western Reserve University with a Bachelor of Science in Computer Science. Newmark has been a vocal advocate of keeping the Internet free. He has donated $10,000 to a non-profit group, NewAssignment.Net, which plans to combine the work of amateurs and professionals to produce investigative stories on the Internet. Newmark resides in San Francisco's Cole Valley and is active at Craigslist in customer service, mostly dealing with spammers and scammers.[1]

     

    Carlos Slim

    carlos slimCarlos Slim Helu, the world’s second richest man, was born to Lebanese parents in Mexico City in January 1940. Slim gained notoriety when he led a group of investors, including France Telecom and Southwestern Bell Corporation, in acquiring Telmex and Telnor from the Mexican government in 1990 during the presidency of Carlos Salinas de Gortari. Today, Telmex operates 90 percent of Mexico’s telephone lines. The mobile company Telcel, also controlled by Slim, operates almost 80 percent of the country's cell phones. And over the last five years, Slim's wireless carrier, America Movil, has purchased cell phone companies across Latin America, becoming region's dominant company and counting on more than 100 million subscribers.


    Steve Ballmer

    steve ballmerSteven Anthony Ballmer has been Microsoft Corporation's chief executive officer since early 2000. The son of a Swiss immigrant father who worked as a manager in Ford Motor Company, Steve Ballmer was born in 1956 in Detroit, Michigan. He now sits in the board of directors of the high school he graduated from in 1973, Detroit Country Day School. He later graduated in mathematics and economics from Harvard University in 1977, where he lived down the hall from fellow sophomore Bill Gates.

     

    Tim Brennan

    tim brennanMr. Brennan founded SysArc, an IT Support company, in 2004. This is the second IT company Mr. Brennan has bootstrapped in his 30 years in the technology industry, all of which has been spent in the Washington, DC area.

     

    Meme Pederson

    image001When Meme Pederson talks about putting on a dinner for the President of the United States, she does so rather casually. "There are the security concerns and all of that," she says, "but mostly you have to consider the likes and the dislikes. For example, Bill Clinton doesn't really like chocolate because he's lactose intolerant." As co-founder and CEO of Taste Catering, headquartered in San Francisco, Ms Pederson is at the helm of one of the most respected and reputable caterers and party planners in the country.

     

     

    Sean Zobaa

    seanSean has specialized in contractor marketing since 2003, helping thousands of contractors build and market their businesses. As Chief Executive of Green Training USA, Sean has created Home Energy Team, a turn-key business and marketing solution which takes all the guesswork out of running a home performance business. The Home Energy Team platform helps energy auditors, contractors and those with no previous experience establish profitable businesses in the home energy efficiency industry.

     

    Blair Tolbard

    sean Blair knew he could attract top-level talent based on his reputation and connections, and believed the market needed an alternative to Oracle professional services.
    He spent years talking with his partner Kent Kofman about starting their own company... and now here they are.

     

    Keith Morey

    Keith MoreyKeith has the greatest job in the world because he’s able to turn people's lives around and get paid for it! As he puts it” I loves to do this type on hands-on work because I get to experience the happiness firsthand that my clients get from buying my vitamins online”

     

    Joachim Oster

    Joachim Oster remembers his happy, but poor grandfathers working in the vinyards of the river Moselle and tilling the soil behind big draft horses in the Eifel and Ardennes. Meet Joachim, the brains, hands, and pretty much anything in between of Athena of Hawaii. A plantation set up as a ‘boutique’ Hawaiian Kona coffee farm and retailer, without compromising the traditional family farm structure.


    Jim Reznikoff

    jimreznikoffJim is the founder of Results Driven Staffing, a DC staffing agency that provides a wide variety of support services to companies with a need to fill staffing positions, finding the hard to reach candidates and strive for the perfect fit between skills and corporate culture.

     

    Don Pemberton

    don pembertonDon started as outside legal counsel, and gradually took on more roles and responsibility including financial control of Earglue's on hold marketing beginning in July 2009. He's a naturally aggressive business person who did not hesitate to solicit friends and clients to invest in the business...before returning their investments with a profit

     

    Laura Hylton

    Since she can remember, Laura Hylton wanted to launch her own business. She just didn’t know how to get started. After a brief stint in sales and marketing for Business Journal of San Jose, Hylton decided to set off on her own. Today Hylton serves as chief executive officer of Tactical TeleSolutions, a 100 percent woman-owned company she founded in 1991.

     

    James Kudla

    JamesKudlaJames Kudla went from developing the EV1’s HVAC system to developing its own business of network consultants in Westchester, NJ.

     

    Nicole Phillips

    JamesKudlaNicole Phillips founded Inner Me Studios in 2009 as a result of a lay-off from an associate position in Private Equity. Nicole was living in Philadelphia, had recently taken up pole dancing classes and had always been a happy student in group classes at the gym. She is originally from Houston and decided to combine her love for her hometown and her hobbies into a great business idea.