Description: With increasing shareholder discontent towards lavish executive pay, one would assume that high executive pay will be curbed. However, the opposite seems true. In the U.S. C.E.O. pay has risen on average 12 percent annually. Source: New York Times Date: May 16, 2015 Video Link: http://www.nytimes.com/2015/05/17/business/shareholders-votes-have-done-little-to-curb-lavish-executive-pay.html?ref=business&_r=0 Questions for Discussion: Why has executive pay… Read more »
Posts Tagged: Leadership (p434)
The Turnaround of Air Canada
Description: Air Canada broke out of its sluggish performance and in 2014 posted a record annual profit of $531 million. Source: CBC Date: March 05, 2015 Video Link: http://www.cbc.ca/player/News/Business/ID/2657291092/ Questions for Discussion: Discuss the growth and then the decline of Air Canada over the years? Which factors led to Air Canada’s recent surge in performance? In… Read more »
CEOs make big bucks on corporate mergers and acquisitions
Description: Although studies have increasingly found that big mergers and acquisitions do not necessarily create wealth for shareholders, however, these big takeovers create tremendous payouts for CEOs who are selling their companies. CEOs of top 10 U.S. companies that were recently sold made an estimated $430 million. Source: CBC Date: November 21, 2014 Link: http://www.cbc.ca/news/business/big-takeovers-mean-big-bucks-for-bosses-report-finds-1.2844440… Read more »
Sears Canada looking for its fourth CEO in three years
Description: Sears Canada CEO, Douglas Campbell, resigned after only spending one year at the top position. He cited family reasons for his resignation. This aggravates the already precarious situation Sears finds itself in – for the last eight years, its sales have continued to decline. Source: Financial Post Date: September 25, 2014 Link: http://business.financialpost.com/2014/09/25/sears-canada-ceo-douglas-campbell-resigns-after-one-year-in-the-job/ Questions… Read more »
GM CEO apologizes
Description: Mary Barra, GM CEO, apologizes to the U.S. senate committee for covering up faulty ignition switches in GM cars, which led to at least 13 deaths and several crashes. Source: CBC Date: April 02, 2014 Video Link: http://www.cbc.ca/player/News/Business/ID/2446158934/?page=2 Questions for Discussion: Should the GM top management face criminal charges? Do you agree with the… Read more »
Golf Legend/Leader Passes
The golf world mourns the passing of legend Severiano “Seve” Ballesteros. The Spaniard was known primarily as the showman that led the Europeans to victory over the United States in the 1985 Ryder Cup. However, golf insiders know that Ballesteros also accumulated a record 50 European titles and 90 tournament wins, which include two British… Read more »
