TABLE OF CONTENTS
100 Best CEOs
Premiere Issue
The Best CEOs in America
We sent out 80,000 surveys to those in the professional investment community bearing a long list of chief executives and seeking the assessment of the Street. The result: the definitive ranking of American CEOs from the group that knows them best.
Management Lessons from the Gridiron
Bo Schembechler's approach to running an organization was pure old-school.
Social Networking Grows Up
Humana CIO Jack Lord didn't buy that social networking was only for young people, or that a health-care company couldn't use it to its advantage.
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Features
Corporate Con Man
The Enemy Within
By
Walter Pavlo Jr.
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88
In the age of Sarbanes-Oxley, the biggest danger to your company is not a fierce rival but a trusted lieutenant gone bad.
I was that bad lieutenant.
For the first time in my own words,
here’s how I embezzled $6 million from MCI and became
a party to the biggest accounting fraud
in U.S. history —
and how you can protect yourself from
a similar fate.
> read more
How Ed Breen Saved Tyco
In Three Easy Steps
By
Steven Flax
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76
Tyco couldn’t sell new debt in the capital markets the way
a reputable company could. Tyco, even with Breen stage-
managing the damage control, wasn’t a reputable company.
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Made in America
By
Scott Eden
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96
While U.S. manufacturing slowly recedes, a handful of companies buck the unrelenting tide. Photographer Dan Winters spends time on a few of the country’s last great factory floors.
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The Best CEOs in America: How You Voted
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58
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Best CEOs: Information Technology
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58
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Best CEOs: Consumer Discretionary
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61
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Best CEOs: Consumer Staples
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61
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Best CEOs: Energy
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62
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Best CEOs: Financials
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65
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Best CEOs: Telecom
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58
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Best CEOs: Utilities
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58
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Best CEOs: Materials
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58
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Best CEOs: Health Care
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58
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Best CEOs: Industrials
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58
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Best CEOs: The Fast-Rising Five
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62
We asked our survey respondents from across the financial community to list newly appointed or up-and-coming CEOs worth keeping an eye on. Behold the Fast-Rising Five.
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Bullet Points
Management Lessons from the Gridiron
Recommended Reading
By
Scott Lasser
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26
Bo Schembechler’s approach to running an organization was pure old-school.
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Paperless Airplanes
Cool Tool
By
Mark Spoonauer
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26
A new gadget from Sony guarantees you’ll never run short of reading material again.
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10 Tricky Questions for J. Terrence Lanni
By
Mary Lowengard
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24
For MGM Mirage’s CEO, CityCenter is the biggest Vegas development since the days of Bugsy Siegel.
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Executive Cliff’s Notes
Reports & Research
By
Cardiff de Alejo Garcia
,
Sara Behunek
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30
A summary of books, articles and research studies
in print and online.
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An Ex-CEO’S Plan for World Peace
Second Acts
By
Photography by Ian Spanier
,
Beth Kwon
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14
Former telecom chief executive C. Holland Taylor attempts to connect the world and end extremism.
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The Lessons of 2006
Proxy Gaffes
By
Carol Vinzant
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30
Proxy details about executive pay produced bad PR last year, and now the SEC is asking for more.
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Busting the Myths of Creativity
Management Mythbuster
By
Gwen Moran
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18
Convening your executive team
to brainstorm your next Big Idea? Doug Hall’s advice: Don’t do it!
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Round 1: Obama vs. Hillary
Corporate Leader Debate
By
Hilary Lewis
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18
Cash is king in campaigns. We talk to the
money men who round up contributions.
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Dress for Success
CEO Makeover
By
Cristina Velocci
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22
Fashion guru Tim Gunn powers up Intel CEO Paul Ottelini
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What to do if Annual Meeting Starts to Crater
Nightmare Scenario
By
David Moss
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20
Three key pieces of advice for certain success at the podium: practice, keep cool and be sure to have an agenda.
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Is This The End of the Conglomerate Curse?
Hot Topic
By
Teri Buhl
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28
Finance theory teaches that conglomerates tend to trade at a discount because of their lack of collective focus. Is that era over?
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C-Suite
Wired - and Winning
Strategy
By
Jeff Heilman
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38
Dan Hesse experienced serious culture shock when he arrived at the offices of Sprint in June 2005.
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Public With a Boom
Finance
By
Mary Lowengard
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52
Does the IPO market still
offer a preferable exit strategy?
Athenahealth chief executive
Jonathan Bush thinks so,
but he’s learned a few lessons.
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Harmony Translates to Sales
Marketing
By
Gwen Moran
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42
You have only one best shot at systemic change. That’s the lesson Alan Scott learned in his first few months at Dow Jones Enterprise Media Group, the business-to-business segment that provides some 22 percent of the venerable publishing and information company’s revenues — and nearly 70 percent of its profits.
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Split Decision
Board Relations
By
David Moss
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46
The chairman of Nortel and
MDU Resources likes the
idea of a board independent
of the CEO — and is putting
that philosophy to work.
> read more
Capacity Drives Demand
Operations
By
William Holstein
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36
Cessna’s sales — and backlogs — are
surging as the world wakes up to the
advantages of private aviation.
Sometimes, it seems, less product
really can equal more growth.
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Social Networking Grows Up
Innovation
By
Ellen Neuborne
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48
Humana CIO Jack Lord didn't buy that social networking was only for young people, or that a health-care company couldn't use it to its advantage.
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Keywords:
Social Networking
C.O.B.
Meet the 518-horsepower car that’s suitable for a man in a suit
Company Car
By
Larry Webster
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124
Back Story: Although all Mercedes S Class vehicles were designed in tandem, the AMG line has discerning features, like
a hand-built engine. “It has tremendous power that can be safely controlled, the result of its high-revving concept and engine capacity,” says Volker Mornhinweg, CEO of Mercedes-AMG.
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Outsource Your Winter at Georgia's Newest Golf Haven
Outdoor Office
By
Ty Wenger
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114
Back Story: A challenge drives sales: That’s the philosophy driving the Creek Club. “[Architect] Jim Engh’s designs are known for hidden staircases and trapdoors,” says Bob Mauragas, vice president of golf operations for Creek Club. “Once you find them, the key will be to navigate your way safely past them.”
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Long to be the boss of the skies? Here’s a preview of the 787 VIP
Overhead
By
Robert Goyer
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120
*Back Story:* Boeing originally planned the 787 as a high-speed sonic cruiser, but soaring fuel prices led company leadership to switch strategies, transforming the 787 from 20 percent faster to 20 percent more fuel-efficient. “We’re reducing operating costs for airlines,” says chief project engineer Tom Cogan.
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The robust Zino Platinum: custom-made for the corner office
Burn Rate
By
Nick Kolakowski
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126
Back Story: The Zino Platinum evolved when marketing guru Peter Arnell and music exec Steve Stoute suggested a younger, hipper Davidoff line. “They brought the concept,” says Michael A. Herklots, who runs one of Davidoff’s New York retail flagships. “We brought the manufacturing and distribution.”
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Toast your fourth quarter with one of these vintage champagnes
Liquid Assets
By
Anthony Giglio
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118
Back Story: Luxury powerhouse LVMH bought Krug from Rémy-Cointreau in 1999, and the newly released 1996 vintage proved an extra dividend. “Krug 1996 is the extreme expression of a year widely considered one of the vintages of the century in Champagne,” says Mark Cornell, CEO of Moët Hennessy USA.
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Executive Coach
Trajectory
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128
Ameritrade CEO Joe Moglia started with a stutter.
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