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Wilton Brands, owner of EK Success and K & Company, announced Monday that their CEO is resigning effective October 31st. Richard Conti, the departing CEO, will be replaced temporarily by company Chairman Jerry W. Levin while a search for a permanent CEO is undertaken. In a comment that is revealing about the reason for his departure, Conti said, “The Board and I both feel that Wilton’s new owners should have the opportunity to establish new CEO leadership for the Company.” Wilton is unde
Joshua Rosner examines the House regulatory reform bill, which does not, in its current form, acknowledge that “Too Big to Fail” is too big to exist. The House draft bill written by Rep. Barney Frank (D – MA) – along with several former Fed attorneys and Treasury staff and consultants — ignores fundamental reality: You don’t employ a bomb squad to sit around and wait for a bomb to explode, you engage them to dismantle it as soon as they find one. Unfortunately, this bill is one more act of
Editorial Reviews From Publishers Weekly George, a former Medtronic CEO, sets the tone early in his book: “Somewhere along the way we lost sight of the imperative of selecting leaders that create healthy corporations for the long term.” It would be wonderful if George then provided readers hungry for change with a blueprint for how this could happen; alas, such is not the case. George’s thesis-too many CEOs think only in the short term and of the stock price, eventually losing a com
Jeremy G-H is that rare beast – a Labourite with independent thought. He was one of the very few to condemn Taito Phillip Field, while his leadership was defending him. He blogs some advice for Labour today : Labour: English’s homes saga not over Um, yes, it is. Well, at least in the eyes of voters beyond the beltway. I earlier posted that Bill English should go . I personally still believe he should be removed, but any legal grounds for him to be removed have now been exting
