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Tag: chief executive officer
We’ll do whatever you want (July 4th 2012) We’ll do whatever you want (July 4th 2012)

James “Jamie” Dimon the 56 year old American chairman, president and chief executive officer of JPMorgan Chase, one of the Big Four banks of the United States has appeared before the US Senate Banking Committee to explain his firms risky transactions with depositor funds recently losing billions of dollars. Brian Beutler for Talking Points Memo states “The long-shot big hope for Wall Street reformers was … Jamie Dimon would trip up before the Senate Banking Committee and expose the need for tighter rules governing big banks. …Instead, with some notable exceptions, the senators themselves turned the cross-examination into a coronation, and exposed the extent to which elected officials still feel compelled to genuflect to powerful financial interests. “You’re obviously renowned, rightfully so I think, as being one of the most, you know, one of the best CEOs in the country for financial institutions,” crooned Sen. Bob Corker (R-TN). “You missed this, it’s a blip on the radar screen.” Most of the fawning came from GOP senators who in addition to relying on Wall Street largesse remain engaged in a political campaign against President Obama’s 2010 financial reform law. But some Democrats also treated Dimon if not quite like royalty then perhaps as a trusted confidant. … For reformers, that adds up to an opportunity missed.”


Inspired by Brian Beutler image source Facebook

Stephen Elop the 47 year old Swedish president and chief executive officer of Nokia Corporation Standing on a burning platform (February 14 2011)

Stephen Elop the 47 year old Swedish president and chief executive officer of Nokia Corporation in a speech posted on an internal blog identified significant concerns at the world’s largest manufacturer of smart-phones, which is quickly being overrun for market share by Google’s Android and Apple’s iOS. Elop using a North Sea analogy warned the company was “standing on a burning platform” and needed to act swiftly to implement radical change to survive, claiming competitors weren’t just taking market share with devices but with an entire powerful enclosed ecosystem which including developers. Elop suggested the battle of devices has now become a war of ecosystems, resulting in Nokia having to decide how to either build, catalyse or join an ecosystem.


Inspired by Charles Arthur image source lucasartoni

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