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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.

JPMorgan, Goldman Sachs, Morgan Stanley to Form Data Company

The three competitors are coming together to create a company that will clean reams of data used to determine pricing and transaction costs, the Wall Street Journal reported. The initiative is currently dubbed "SPReD", which stands for Securities Product Reference Data, and is likely to be launched in the next six to 12 months.

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Yum! Brands Names New CEO of China Business

Yum! Brands, the parent of KFC, Pizza Hut and Taco Bell, is naming a new CEO of its China division as it works to reverse a sales skid in a key market. The company said Tuesday that Micky Pant, 60, is now the CEO of its China division. He replaces longtime leader Sam Su, who is retiring. Pant has been the ...

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How CEOs Motivate Employees

GoDaddy has a secret weapon when it comes to motivating its sales team: it's a cash machine. When a salesperson hits a certain number, he or she is invited to step into a booth full of money. With a fan blowing the money around, the sales rep has 15 seconds to grab as much money as they can.

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Tips on Ensuring an Accurate Business Valuation

Studies have shown that sizable numbers of business owners look to transfer their ownership interests in the next decade, and a major concern for many is whether they’ll get out of the business what they expect. Gaps in the valuations of businesses are a leading cause in busted deals, which is unsurprising, given that sellers, buyers, bankers and other advisors ...

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India-Born CEOs Are Taking the U.S. by Storm

Google. Microsoft. Pepsi. MasterCard. Adobe. Harmon. Ethan Allen. What do these companies have in common? They are all run by India-born CEOs, part of a generation of talented students who left their home country and rose to the top of some of the world's largest corporations.

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J.C.Penney Is Coming Back As New CEO Takes Helm

J.C.Penney’s second quarter 2015 was a major improvement over the previous year. Same store sales increased 4.1%, gross margin improved 100 basis points and S.G. &A. expenses dropped $63 Million to $901 million or 31.3% of sales. These are great results since they suggest that the company gained back some of its lost market share from Kohl’s and Macy’s in a tough, competitive quarter.

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