When you understand that the average CEO in America makes 400 times what the average worker makes, you could get upset. When you have an environment where chief executive officers of companies can rack up a pitiful financial performance and still continue to rake in millions of compensation for being essentially incompetent, it is even more upsetting. What are we to do?
When you understand that the average CEO in America makes 400 times what the average worker makes, you could get upset. When you have an environment where chief executive officers of companies can rack up a pitiful financial performance and still continue to rake in millions of compensation for being essentially incompetent, it is even more upsetting. What are we to do?
Since Friday August 14, the Nigerian banking system has not been the same. What started as a rumour that some bank chiefs were about to be sacked became real. The CEOs of Intercontinental Bank, Oceanic Bank, Finbank, Union Bank and Afribank went to the office as CEOs in the morning and returned home early and jobless and with the real prospect that they were also on the verge of losing their stakes in the banks they have sat on as owner managers for close to two decades.
Credit card companies are in constant competition with one another to gain you as their customer. One way they approach this is with 0% introductory rates. Another approach is the rewards program. In this first of a series of in depth articles on credit card rewards programs, the president and CEO of Credit
CEOs of large commercial banks will seek the support of the Reserve Bank of India to secure a government guarantee for education loans. They plan to raise this issue on Monday when chiefs of large commercial banks are slated to meet RBI governor D Subbarao, a fortnight ahead of the monetary policy review due on April 20.
This week, Boeing CEO Harry Stonecipher was fired for having an affair with a female company executive. And once again, corporate policies, ethics and conduct are under scrutiny.Affairs among high-powered people and their business associates are nothing new. Jack Welch of GE had one. Rudy Giuliani had one as mayor of New York City. Some people are just drunk on power. But in the advertising industry, it seems, such behavior is more pervasive up and down the totem pole.









