Really? and how often do they listen to their bosses. Name me 5 cases where the CEO has been voted out by the shareholders over the last 10 years. or for that matter how often has a shareholder initiative been effected by a fortune 500 company?
On Thu, Sep 23, 2010 at 4:13 AM, Casey Dougall <ca...@uberwebsitesolutions.com> wrote: > > On Thu, Sep 23, 2010 at 3:00 AM, Maureen <mamamaur...@gmail.com> wrote: > >> The only thing most tech CEOs who are currently running in California >> know about jobs is how to outsource them. >> > > > Because in the end the boss of the CEO is the share holder, not the > employee. > > >>> Intel > > Wed Jan 21, 2009 5:30pm EST > > NEW YORK (Reuters) - Intel Corp > (INTC.O<http://www.reuters.com/finance/stocks/overview?symbol=INTC.O>) > said on Wednesday it would close manufacturing plants in Malaysia and the > Philippines and scale back U.S. operations as part of a restructuring that > affects as many as 6,000 employees. > > http://www.reuters.com/article/idUSTRE50K6YS20090121 > >>> Verizon > > Verizon > (VZ<http://money.cnn.com/quote/quote.html?symb=VZ&source=story_quote_link>, > Fortune > 500<http://money.cnn.com/magazines/fortune/fortune500/2009/snapshots/2773.html?source=story_f500_link>) > CEO Ivan Seidenberg said on the company's quarterly earnings call Tuesday > that it will slash about 13,000 positions in 2010. > http://money.cnn.com/2010/01/26/news/companies/verizon_layoffs/ > >>> Cypress Semiconductor's > > Only problem I can find with these guys is they went with Bloom Energy > instead of Plug Power when moving to fuel cell energy... > >>> Blackstone Group > > Well They are a Private-equity firm. They ALWAYS cut jobs! > > Blackstone went public in June 2007 just in time to make its executives rich > and its stock a dud. Schwarzman and co-founder Pete Peterson were instant > billionaires. But the stock, which priced at $31 for its IPO, fell below $22 > by that September. Overall, shares have lost 54% of their value since > listing. > > http://money.cnn.com/2010/03/05/news/companies/blackstone_seaworld.fortune/?section=magazines_fortune > > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology-Michael-Dinowitz/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:327768 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
