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Author Archives: Chief Executive

Chief Executive magazine provides global economy coverage, business and technology news, information on upcoming events, and executive life.

Why One CEO Employs Smarter People Than Him

Ashley Morris strives to be the dumbest person in his office. Morris, who is the CEO of Capriotti's Sandwich Shop, a specialty sandwich company with over 100 locations across the US, told Business Insider: "I aim to employ people who have education and skills that are above my own capabilities for all positions I hire for, effectively making me the dumbest person in the room."

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Can Tax Inversions Be Prevented?

 At the Morgan Stanley Global Healthcare Conference on September 9, Merck CEO Ken Frazier told investors he wouldn’t join the giant wave of companies pursuing overseas acquisitions so they can move abroad and escape high U.S. corporate taxes. Such deals, known as “tax inversions,” go against Merck’s policy of only making purchases that give the company “quality commercial access and quality scientific access,” Frazier said.

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