May 29, 1990 |
Keizo Yoshida is the top officer of Sumitomo Bank of California, a big, profitable institution. Yet with an annual pay package worth $210,400, he earns only a fraction of what executives at similar banks take home. Yoshida isn't destitute, of course. But neither is he unique. Even as big money gets all the headlines, a surprising number of top executives are paid relatively modestly.
February 5, 1991 |
It was freezing in the Soviet Union late in January. Food was scarce in some places, and the forces of reaction seemed to be gaining. These factors apparently did not account for the presence here in sweet and balmy San Francisco of five members of the Leningrad City Soviet, whose week of meetings and seminars culminated in an extraordinary luncheon in the plush dining room of Baker & McKenzie, which bills itself as the world's biggest law firm.
May 26, 1991 |
It clearly pays to be a top officer of one of California's top corporations, but company insiders often get far more than just a salary, perks and lucrative severance arrangements. In many cases, they are involved in other business arrangements with their firms that can pay off in a big way. Hamburger mogul Carl Karcher, for example, drew a relatively modest $389,169 in cash compensation from Carl Karcher Enterprises last year.
September 4, 1995 |
Ray Dellerba remembers a time not so long ago when bankers like him worked bankers' hours, took long lunches, golfed regularly and never came in on weekends. These days he works 12 hours a day, often through lunch, puts in more hours at home with a laptop computer and spends two full Saturdays a month at the office. "I've never worked harder in my life," says the 47-year-old president of Eldorado Bank in Irvine. Balbir Mann starts his workday at 2:15 a.m.
September 30, 1998 |
At a private meeting later this week, Javier Pacheco will huddle with top Mexican customs officials in hopes of slashing permitting delays for his Inglewood-based business, which has grown more than 20% a year hauling textile and computer components, satellites and other products to and from Mexico's maquiladoras. Offices in El Paso, San Diego and Tijuana have helped his Mercantile Transport Inc. thrive in a competitive industry.
July 5, 1999 |
California companies raised a record $4.6 billion through initial public stock offerings in the year's first half, according to Thomson Financial Securities Data. Nearly $3.3 billion came in the second quarter, and analysts say the steaming market for IPOs shows no sign of cooling. An annotated glance at the trends: * The Geography Gap: The Civil War. A Carolina college basketball game. And California's capital-raising battle. These are all things the South is unlikely to win.
March 14, 1997
The cost of doing business in California varies from city to city, with northern communities showing, on average, higher business taxes and other public fees than in the Southland. The survey by Los Angeles-based consultant Kosmont & Associates found Los Angeles to be the most expensive city in the state after considering all taxes and fees. However, because of low vacancy rates, rents in downtown San Francisco may be twice as high as rents in downtown Los Angeles.
February 11, 1993 |
The air was thick with frustration at a meeting Wednesday of Southland chief executives, who offered their views on the business climate in California that some find so hostile that they're heading for the border. There was Yvonne Cucci, president of South Bay Screen Print, a sportswear manufacturer, complaining that time spent fighting workers' compensation claims is costing her sales. She's looking to relocate by the summer of 1994. There was Robert E.
July 6, 1993
AlphaGraphics Printshops in California are offering a 15% discount to teachers and school administrators--and challenging the rest of California's businesses to do the same. "My daughter just got her master's degree in education at Stanford in June and I was thinking about schools, teachers and students," said Pat Toomey, owner of the AlphaGraphics shop in Irvine. "I thought about the budget cuts and thought here's a way I can help out.