November 11, 2012 |
Seat belts on airplanes are useless. That was the latest rant by Michael O'Leary, the chief executive for RyanAir, the ultra-low-cost airline based in Ireland. O'Leary, who opposes seat belts because he is pushing for standing-room sections of his planes, called aviation authorities who disagree with him “plonkers.” “Seat belts don't matter,” O'Leary told The Telegraph. “If there ever was a crash on an aircraft, God forbid, a seat belt won't save you.” ALSO: American Airlines on-time rating drops during labor dispute FAA recommends seat inspections on some airlines Chicago's O'Hare, LAX to be busiest airports for Thanksgiving Follow Hugo Martin on Twitter at @hugomartin
September 14, 2013 |
Univision Communications Inc.'s networks president, Cesar Conde, has left the Spanish-language media giant to accept a larger role overseeing international expansion at rival NBCUniversal. On Friday, Conde was named NBCUniversal executive vice president in charge of international and business development, signaling the company's growing interest in Latin America. Conde, a polished 39-year-old executive, had a meteoric rise at Univision, where he worked for the last decade, including the last four years overseeing Univision's expanding TV networks group.
December 12, 2012 |
Sony Pictures Chairman Michael Lynton is the first Hollywood executive to be honored by Harvard's Hasty Pudding Institute. The 242-year-old group is giving Lynton its first-ever "Order of the Golden Sphinx" for his work supporting philanthropy and arts education during his long career in the media business, including stints at Walt Disney Co., Time Warner and AOL, before taking the reins of Sony in 2004. Lynton received his B.A. and M.B.A. from Harvard. Previously, Hasty Pudding has given man and woman of the year awards to such performers as Jimmy Stewart, Elizabeth Taylor and Bob Hope.
March 23, 2012 |
Marje Everett, the former chief executive of Hollywood Park who served as a director of the Inglewood horse racing track from 1972 to 1991, when she was ousted after a proxy fight with R.D. Hubbard, died Friday in Los Angeles. She was 90. Everett's longtime caretaker, Dorothy Carter, confirmed Everett's death. The longtime horse racing executive grew up with the sport. Her father, B.F. Lindheimer, owned the Arlington Park, Washington Park and Balmoral tracks in Chicago before she inherited control when he died in 1960.
May 16, 2012 |
Indiana Pacers President Larry Bird was voted the NBA's executive of the year on Wednesday, becoming the first person to win that award, plus the most valuable player and coach of the year honors. The Pacers went 42-24 and are tied 1-1 with Miami in the second round of the Eastern Conference playoffs. Bird's moves to strengthen the team during the off-season included promoting Frank Vogel from interim to head coach and signing starting forward David West . He acquired point guard George Hill in a draft-night deal with San Antonio, and traded for Lou Amundson and Leandro Barbosa to fortify the bench for the Pacers, who earned the No. 3 seeding in the East and had the fifth-best record in the league.
March 4, 2013 |
Voters in Switzerland, angered by high executive pay, backed a plan to increase the control of shareholders over compensation of corporate leaders. Nearly 70% of voters approved the so-called "Rip-Off Initiative," according to the Swiss television station SRF, which gives shareholders the right to vote on compensation for company directors and executives and bans bonuses bestowed on high-ranking employees when they join or leave a firm. "Today's vote is the result of widespread unease among the population at the exorbitant remuneration of certain company bosses," said Justice Minister Simonetta Sommaruga in a press conference over the weekend, according to the Associated Press.