CEOs

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Virginia Rometty Named First Female CEO of IBM
 IBM Names First 
 Female CEO 
Oct 26, 2011 8:51 AM CDT

IBM Names First Female CEO

Global sales boss Virginia Rometty to take reins next year

(Newser) - IBM, long seen as a slow-moving boys’ club, has named its first female CEO. Global sales head Virginia Rometty will take over from Sam Palmisano in January, making IBM the highest-valued US corporation run by a woman, Reuters reports. Industry and Wall Street observers applauded the decision, which retains Palmisano...

Starbucks CEO to DC: No Donations for You!

Howard Schultz wants budget answers before opening his wallet

(Newser) - Maybe he should just refuse coffee to politicians. Starbucks CEO Howard Schultz is pleading to other corporate execs to stop contributing to political campaigns until the president and Congress come up with a realistic way to cut budget deficits, reports Politico . “This is a time for citizenship, not partisanship,...

Swallow This: Executive Pay Jumped 23% in 2010

The median pay was $10.8M

(Newser) - We know CEOs have it good ... but this good? The New York Times had executive pay data firm Equilar analyze bigwigs' 2010 compensation, and what Equilar found wasn't just a gain. It was a big, big gain: a 23% boost over 2009, with the median pay for chief executives...

Most Common CEO Names ...
 Most Common CEO Names ...
Apr 27, 2011 3:21 PM CDT

Most Common CEO Names ...

Peter and Deborah, according to LinkedIn

(Newser) - LinkedIn pored over the names of members to come up with the most common in various categories, notes Mashable . The results:
  • Male CEOs (in order): Peter, Bob, Jack, Bruce, Fred
  • Female CEOs: Deborah, Sally, Debra, Cynthia, Carolyn
  • Athletes: Ryan, Matt, Jessica, Matthew, Jason
  • Sales: Chip, Todd, Trey
  • Engineering: Rajesh, Jeremy,
...

In 2010, Average CEO Pay Was...

...$9.6M, a 12% increase from 2009

(Newser) - Once again, it’s a good time to be a CEO in America. After shrinking during 2008 and 2009, executive pay is back on the rise, with many chief execs at major corporations making as much or more than they were before the recession hit. Last year, the median pay...

CEO Bonuses Shoot Up 30.5%
 CEO Bonuses Shoot Up 30.5% 
Mar 18, 2011 12:59 PM CDT

CEO Bonuses Shoot Up 30.5%

Some shareholders express disapproval

(Newser) - So far, it’s looking like 2010 was a banner year for CEOs. An analysis of disclosures released by 50 major corporations reveals that the median CEO bonus jumped 30.5%, the Wall Street Journal reports, significantly outpacing the companies’ 19.4% median net income growth. Some of the biggest...

We Need a Real Populist in Next Election

America's wealth gap has spiraled out of control: David Francis

(Newser) - With the gap between rich and poor Americans exploding—and hardly anyone talking about it—what Washington needs is a “genuine populist,” writes David R. Francis in the Christian Science Monitor . Some quick facts: The wealthiest 1% “took 23.5% of the nation’s income in 2007,...

Angry CEOs Aren't Shy About Blasting Obama

They're worried about taxes, regulations

(Newser) - Big-business CEOs are unloading on President Obama with unusual ferocity, writes Michael Brush at MSN Money . Consider the following attacks:
  • Verizon CEO Ivan Seidenberg says Obama has created an "increasingly hostile environment for investment and job creation."
  • Cypress Semiconductor's TJ Rodgers thinks it's "amateur hour in Washington.
...

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