Tag Archives: CEO

2009′s Top 10 Moneymakers (USA Edition)

Posted on by
Reply

Google's Founders: Larry Page and Sergey Brin

Google Founders: Larry Page and Sergey Brin

The year 2009 underscored an enormous economic meltdown that brought many United States businesses to their knees. But for some of America’s most famous moneymakers, the year brought enormous luck and vast gains. America’s top 25 stock gainers — composed of large stakeholders in publicly traded companies — made a combined $81.5 billion in 2009, Forbes.com reports.

Check out Forbes’ esteemed list of the ten biggest gainers in 2009:

  1. The founder of Google, Inc., Larry Page raked in a whooping $8.4 billion between January and mid-December 2009. At 36, Mr. Page is ranked as the 26th billionaire in the world and the 11th wealthiest person in the United States. Technology stocks are enjoying broad boost with the economic rebooting, according to Forbes. As such, Google made a rise of 90% since January 2009.

  2. Sergey Brin, the Russian-born American co-founder of Google, Inc. gained $8.2 billion in 2009. The 36-year old Internet titan gets a rebound after losing $11.7 billion in 2008 amid the collapse of Internet companies’ shares.

  3. Oracle Corporation and NetSuite gave 65-year-old founder Larry Ellison a $7.9 billion gain in 2009. He made it to fourth spot of Forbes’ list of richest persons as of September 30, 2009.

  4. Microsoft magnate Bill Gates generated $7.6 billion in 2009. The computer software company he founded with Paul Allen consistently places him on the list of the world’s richest. Over half of Mr. Gates’ fortune, however, is held outside of Microsoft. At 54, Mr. Gates grabbed the top spot overall as the wealthiest person in 2009.

  5. At barely 46 years old, Jeffrey Bezos has made Amazon a household name. The online retail company gained $7.3 billion in 2009 amid a 175% surge during the past 12 months. Amazon’s shares hit an all-time high in early December 2009.

    Microsoft's CEO - Steve Ballmer

    Microsoft’s CEO – Steve Ballmer

  6. In 2009, Steven Ballmer had $4.4 billion in gains based on stock options as Microsoft shares rose 55%. The 54-year-old billionaire derived his fortune as CEO of Microsoft, of which he was neither a founder nor a relative of a founder. In 2008, Mr. Ballmer was 43rd richest person in the world, with an estimated wealth of $11 billion.

  7. With shares of Las Vegas Sands Corp. climbing 1000% since March 2009, CEO Sheldon Adelson raked in $3.9 billion. Mr. Adelson’s stake plunged $24 billion in 2008 amid the recession that battered gaming industry, which made him the biggest loser in 2008. Las Vegas Sands is parent company to Venetian Macao Limited, which operates The Sands Expo and Convention Center and The Venetian Resort Hotel Casino.

  8. Enterprise Products Partners and Enterprise GP Holdings co-founder, chairman and majority shareholder Dan Duncan gained $3.9 billion in 2009. At 76, the energy mogul became the wealthiest person in Houston and the 3rd richest person in Texas as of 2007.

  9. Another Google, Inc. titan, Eric Schmidt, made $2.7 billion, with his shares soaring 90% since January 2009. Like Microsoft’s Ballmer, 54-year-old Schmidt’s wealth is generated from stock options he received as chairman and CEO of Google, and not as its founder or its founder’s relative. In 2006, Mr. Schmidt was ranked 129th in Forbes’ "World’s Richest People" list, with an estimated fortune valued at $6.2 billion.

  10. Sixty three-year-old Harold Hamm gained $2.7 billion in 2009, thanks to Continental Resources’ 100% surge amid a recovery in energy prices. The energy company’s earnings, however, are still at a 50% low, compared to its overall income in July 2008.

    Boss-Subordinate Harmony: 6 Ways to be a Friendly Boss

    Posted on by
    1

    boss employees relationship

    Building a friendly relationship with co-workers can be a tough challenge for most managers and supervisors. The line between boss and subordinate is so defined that it is almost impossible to create even a minute fringe for casual chatter without threatening the entire streak to break.

    If you are opting to create a more productive harmony in the work place, here are useful tips to be friends with co-workers while maintaining their respect for your authority.

    1. Start the day with a smile.
      Break the morning ice with an encouraging smile that will lighten the dense workroom aura. As the leader, you are in a very good position to influence a positive motivation among your workers. Remember that a happy person is most likely a productive one.

    2. Be an exemplar of expected workplace etiquette.
      Colleagues and subordinates effortlessly respect superiors whom they perceive to be deserving of their respect and loyalty. Basic office decorum such as wearing appropriate clothes, using proper language, coming in the office on time and starting meetings promptly should be observed to gain the respect of your workers, not only as the boss, but also as an individual.

    3. Be a team player.
      A productive workplace is a product of the management’s successful supervision of the workers’ skills and expertise. It results from the coordination of workers from all levels under the effective leadership of the boss.

      “During preliminary client meetings, the PR Director pushes us writers to contribute our ideas,” says Marc, a Junior Writer for a marketing communications firm.

      Workers appreciate a boss who listens to their ideas, recommendations, and more so, to a boss who is open to varying opinions. They will feel important to the realization of the project, and thus cooperate more to its success.

    4. Be generous with compliments.
      A time-tested way of charming others is regularly giving genuine compliments on well-done tasks, reports passed before the deadline, successful marketing campaigns, or creative presentations of project proposals. This shows how you value the efforts of your workers. This will also remind them that you are closely monitoring their performance.

    5. Recognize notable achievements.
      Reward individual and group accomplishments with simple tokens. This will inspire workers to continue delivering progressive outputs.

      “Our area manager regularly updates the TOP SELLER of the MONTH section of the office bulletin,” shares Ritchell, a medical representative.

      This activity has proven to encourage healthy competition among the company’s sales force.

    6. Build a sense of productive communion.
      Remember and celebrate important dates such as birthdays, company anniversary and Thanksgiving, where you and your workers can interact outside of the daily work routine.

      These events are venues for you to know your workmates in depth and understand their work habits and style. In turn, this will further aid you in developing more efficient leadership strategies and at the same time strengthen personal bonds.

      Leveling off with co-workers and subordinates takes keen and strategic observation of the workplace dynamics over a period of time. However, to an efficient boss, there’s definitely no unconquerable challenge.

    Microsoft Takes a Cheap Shot at Apple

    Posted on by
    4
    Microsoft Laptop Hunters featuring Lauren

    Microsoft Laptop Hunters featuring Lauren

    With the fears of recession and overall scrimping on unnecessary expenses, Microsoft shows some marketing savvy by positioning it as the better and cheaper alternative to Apple’s Macintosh.

    Microsoft recently released a new ad featuring Lauren, a bespectacled redhead. In the commercial, a voice-over tells her to go hunt for a laptop that would suit her needs, and if she does, Microsoft would buy it for her. Lauren then goes into an Apple store, but quickly goes back out and dejectedly reports that the store did not have her preferred laptop: one that has a comfortable keyboard, a 17 inch screen and fast performance. The only thing she could afford from the Apple store is a 13 inch Macbook.

    Continue reading →

    Yahoo’s New Chief Executive Is a Woman

    Posted on by
    Reply

    Carol Bartz: Yahoos New CEO

    Image Courtesy of Betanews.com


    In what seems to be Yahoo Inc.’s last ditch effort to save itself, the company hired Carol Bartz as its new CEO. Bartz has been known as a no-nonsense turnaround manager who brings clear focus into the organizations she’s heading. It’s precisely what Yahoo needs right now.

    Continue reading →