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CEO Life

Succession in Practice

While CEO succession is much in the news, it is often discussed from the point of view of board members, consultants and search firms. To understand the perspectives of today’s CEOs on succession planning, we spoke with 18 sitting CEOs, one recently retired CEO and one sitting chairman, as listed in the sidebar on p. 30. To gain varied perspectives ...

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Island Living

Corporate executives have long used the Caribbean and the countries surrounding the Caribbean as escape locations. The islands of St. Bart’s, St. Martin and Anguilla or exotic resorts in places such as Mexico and Costa Rica always attracted weary executives, attempting a short break from the high pressure ride of managing, more often than not, an international corporation.Early in this ...

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A Room with a Wii?

The ritual for a lot of international road warriors after a long transoceanic flight is to check into their hotels, turn on a hot shower and let the steam fill the air to ease the sinuses. “After a 12-hour flight you’re dried out,” says frequent traveler John B. Rowsell, the CEO of Chicago-based Glenwood Capital Investments. But there’s no need ...

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Thorns & Roses

ROSE…Governor ROD BLAGOJEVICH’S testy refusal to step aside in the face of FBI wiretaps that reveal his attempt to auction Barack Obama’s Senate seat to the highest bidder is the gift that keeps on giving. The corruption cabaret that is a centerpiece of Illinois politics in general and Chicago in particular will now have an extended media run, much to ...

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Acing The Wine List

Wine knowledge isn’t just a social skill any more. It’s a powerful tool for today’s CEOs, providing leverage in business entertaining. The Wall Street Journal observed that “Wine at business meals is a skirmish in a boardroom war, played out on a linen table cloth. Your handling of wine, whether ordering it or just drinking it, matters more than you ...

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Lessons from Luxury Travel

There’s really only one word to describe Machu Picchu, and Ingram Chodorow uses it as he steps off a bus having just toured the Inca empire’s ruins. “Spectacular,” he says. “Just spectacular.” But that’s not the only thing he had on his mind that day. He was also thinking about distribution. Chodorow is the chairman, president and CEO of Placontrol ...

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Roadster Roundup

Roadsters are the quintessential driving machines. Two doors and two seats, a powerful engine, taut suspension and a movable roof are all you really need if you want to focus on the thrill of being behind the wheel. But if you’re reserving a precious spot in your garage for something meant only to deliver pure fun, it must be a ...

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Fueling The Fire For Crossovers

Luxury consumers and carmakers alike are converging on the sweet spot of the upscale automotive market: crossovers that combine the drivability of a sedan with the roominess of a utility vehicle and are packed with the amenities that big ticket buyers demand. Testifying to their growing appeal, sales of crossovers-also known as “crossover utility vehicles”-were up about 20 percent in 2007 ...

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Lowdown on Executive Perquisites

It was Thanksgiving last week. And at least one CEO chose to get into the holiday mood writing a fun blog, albeit on a sensitive subject: Executive perquisites. David Chun, CEO of Equilar, the Redwood Shores, California-based company that specializes in benchmarking executive and board pay and a NASDAQ strategic alliance partner decided to let his readers “get a kick ...

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