Tag Archives: CEOs

CEOs predict increased hiring and sales

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America’s CEOs are slightly more optimistic about the economy over the next six moths, according to a Business Roundtable survey released today.
The chief executives of leading companies expect increased sales and capital expenditures as well as more job creation compared to the third quarter.
The Business Roundtable CEO Economic Outlook Index increased to 84.5 from 79.1,  with expectations for 2014 GDP growth at 2.2 percent, in line with the previous two quarters.
“CEO expectations for economic expansion in the next six months increased slightly from last quarter, with expectations for sales, capital investment and hiring all tracking somewhat higher,” Jim McNerney, chairman of Business Roundtable, and chairman, president and CEO of The Boeing Co. said in a news release.
“In aggregate, our expectations are consistent with an economy that will continue along the path of steady, modest recovery into the first half of 2014.  These soundings are also consistent with an overall economy that, despite progress, is not yet performing at its full potential.”
Seventy-three percent of the executives surveyed said they expect their company’s sales to increase in the next six months, while only 8 percent foresee a sales decrease.
Thirty-nine percent said they will increase capital spending and 34 percent plan to increase hiring.
Click here for complete results of the Roundtable survey.

Will corporate execs do the right thing in 2012?

In case you missed it, here’s a recent attempt on my part to convince greedy corporate execs to do the right thing in the new year.

My column in the News Sentinel business section suggests that more CEOs should follow the example of Los Angeles Angels pitcher Jered Weaver when it comes to pay raises.

As is often the case, readers posted interesting comments.

A Christmas wish for executives

Clueless CEOs bad for business

Some top executives just don’t have a clue about the real world, the world where their customers and employees struggle to cope with the rising cost of food, fuel and other necessities.

A new report by the Associated Press shows that CEOs at many of the largest companies in PAULSON+MONEY.jpgthe U.S. were paid better last year than they were in 2007 — “when the economy was booming, the stock market set a record high and unemployment was roughly half what it is today.”

AP’s study found that the typical pay for the top exec at a Standard & Poor’s 500 company was $9 million last year, up 24 percent from 2009.

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Sparks fly over column on outrageous CEO salaries

Not surprisingly, my column on outrageous executive salaries in Sunday’s News Sentinel drew mixed reaction from readers.

Some questioned my intelligence. Others said my criticism was on target.

I appreciate all the commenters who took the time to share their opinions, even Flyincnp who described my column as the “dumbest, most uninformative, waste of paper & print I’ve ever seen in the Sentinel.”

Wow, the dumbest ever? Surely not.

In case you missed it, click here for the column and decide for yourself.