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Author Archives: Chief Executive

Chief Executive magazine (published since 1977) is the definitive source that CEOs turn to for insight and ideas that help increase their effectiveness and grow their business. Chief Executive Group also produces e-newsletters and online content at chiefexecutive.net and manages Chief Executive Network and other executive peer groups, as well as conferences and roundtables that enable top corporate officers to discuss key subjects and share their experiences within a community of peers. Chief Executive facilitates the annual “CEO of the Year,” a prestigious honor bestowed upon an outstanding corporate leader, nominated and selected by a group of peers, and is known throughout the U.S. and elsewhere for its annual ranking of Best & Worst States for Business. Visit www.chiefexecutive.net for more information.

Volkswagen CEO Winterkorn to Have Contract Extended to 2018

Top directors at German carmaker Volkswagen plan to give a two-year contract extension to CEO Martin Winterkorn, who emerged on top of a power struggle this year with company patriarch Ferdinand Piech. The automaker said Wednesday that the executive committee of its supervisory board agreed to propose to the full board that Winterkorn be granted a contract through the end of ...

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Will Yahoo Look for a New CEO to Replace Marissa Mayer?

Marissa Mayer, CEO of Yahoo, is pregnant with twins. While many important and prominent male leaders have twins (President George W. Bush for one) and nobody seems to think it’s big deal, this is different, partly because Mayer is a twin-carrying CEO, which is kind of rare, and partly because, for better or worse, mom CEOs are judged differently from ...

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The U.S. Is Developing Sanctions Against China Over Cyberthefts

The Obama administration is developing a package of unprecedented economic sanctions against Chinese companies and individuals who have benefited from their government’s cybertheft of valuable U.S. trade secrets. The U.S. government has not yet decided whether to issue these sanctions, but a final call is expected within the next two weeks, according to several anonymous administration officials. (Washington Post) The sanctions ...

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A Corporate Tax Issue Update: How Your Company Is Affected

There appears to be agreement in principle that U.S. corporate tax rates are too high. The top U.S. corporate income tax rate is 35 percent — the highest in the world among developed countries. However, some small businesses face a 39.6 percent tax rate because, as sole proprietorships or partnerships, they are taxed at the highest personal income tax rate of 39.6 percent. Corporate ...

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Dole’s CEO Got Himself Too Sweet a Deal

Today a Delaware chancellor decided that David Murdock’s buyout of Dole Food looked too bad. You can sort of see where Murdock was coming from. He ran Dole Food since 1985, and became the sole owner in 2003. (He also owned the Hawaiian island of Lanai.) The credit crisis happened, and he needed some money, so he took Dole public again in ...

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