Nestlé recently named Ulf Mark Schneider as its new CEO, in what many analysts say is a "surprise" move showing the company may put more emphasis on health and nutrition.
David Cote is marking the end of an era. On March 31, 2017, he will step down after 14 years as CEO of Honeywell. By then Cote and the board will have groomed chief operating officer Darius Adamczyk to take the reigns.
CEOs know it’s tough at the top. Last year, in fact, chief executives were fired in numbers not seen since 2008. A total of 1,341 chief executives "vacated their posts" during 2014, nearly an 8% increase from the prior year, according to global outplacement firm Challenger, Gray & Christmas.
Sometimes marketing a brand and a company is too important to be left to the marketers alone. When brand refinement or redefinition is part of a strategic plan, its significance requires CEO attention.
While every CEO and business owner has his or her own taste, one book that keeps rising above all the rest as one of interest to chiefs is The Hard Thing About Hard Things: Building a Business When There Are No Easy Answers, by Ben Horowitz, cofounder of venture capital firm Andreessen Horowitz. CEOs listed this book the most because of its honesty and helpful lessons on how to survive as a business leader. In addition, one reviewer on Amazon called it “solid advice about running a company from a wartime CEO.” Here’s a handy list of other inspirational books on CEOs’ summer reading list. Print out and stick in your suitcase or on your fridge.
The most talked-about IPO recently has been Danny Meyer’s Shake Shack (SHAK), opening at $21 a share before doubling. The offering has put one of New York’s most successful restaurateurs, until now best known for high-end brands such as Grammercy Tavern and Union Square Café, into the national spotlight at a time when well-known brands like McDonald’s seem uncertain.
By the time McDonald’s CEO Don Thompson “resigned” on January 28, the die pretty much had been cast on his leadership. Chief Brand Officer Gregg Easterbrook will try to take over as the chain’s new CEO and succeed where Thompson, in his three-year tenure, clearly could not.
So many bad things have been happening to CEOs, and they are so challenged in their jobs these days, that the picture is discouraging the next generation of company chiefs from ever wanting the once-coveted job in the corner office.
Football season is upon us, and those of us who love the game are now blocking out time on Sunday afternoons, Monday nights and even Thursday evenings to focus on our favorite sport. As the cameras pan the stadium during a game, it’s easy to spot the superfans: they wear their favorite jerseys, paint their faces and cheer nonstop, displaying their passion for all to see.
Being able to make good decisions quickly is essential to business success. If you find yourself hesitating when it comes to making a choice, here are seven steps that can help you be more decisive.