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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.

A Biotech CEO Resigns After Standoff With Activist Investors

Aegerion Pharmaceuticals CEO Marc Beer has stepped down from his post after reaching a tenuous cease-fire with activist investors, leaving behind a company with an uncertain future. Beer’s resignation ends a nearly 5-year tenure at the helm of Aegerion that saw the company go public and launch its first drug. But the ex-CEO’s penchant for bluster occasionally landed him in trouble ...

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Study: Raising Wages to $15 an Hour for Limited-Service Restaurant Employees Would Raise Prices 4.3 Percent

Raising wages to $15 an hour for limited-service restaurant employees would lead to an estimated 4.3 percent increase in prices at those restaurants, according to a recent study. Researchers from Purdue University’s School of Hospitality and Tourism Management also examined the impact of limited-service restaurants offering health-care benefits and found that, due to current tax credits in the Affordable Care Act, ...

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Overlooking the Other Sources of Liquidity

Suddenly, everyone’s talking about liquidity. As the Federal Reserve steps back from an unprecedented period of monetary intervention, investors are rightfully focused on the possibility that, after years of relative calm, the U.S. could be in for a period of increased market volatility. There is debate about the role that banks will play as liquidity providers during periods of heightened volatility, and how reforms stemming from the 2008 financial crisis may affect that role.

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