Passing on.The sudden death of McDonald's Corp. Chief Executive Jim Cantalupo James Richard Cantalupo (November 14, 1943 – April 19, 2004) was an American executive, serving as chairman and chief executive officer of McDonald's Corporation until his sudden death by heart attack at the age of 60. last week had a lot of executives thinking about plans for keeping their business running in the event of their untimely death. So the Business Journal asked: Does your company have a plan of succession for its top executive? Donald Johnson For the British Member of Parliament, see . Donald James "Don" Johnson (born September 9 1968, in Bethlehem, Pennsylvania) is a former professional tennis player from the United States who reached the World No. 1 doubles ranking in 2002. President and Chief Executive American Business Bank Yes we do. We have a group of people that would interchange An interchange is a location where two things meet, usually perform some kind of exchange, and possibly go on their ways again. It is most commonly used in four contexts:
put differently , if something were to happen to the chairman, I'm president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , I would probably take chairman and CEO titles with "interim" until we filled the roles or brought in an outside director. Gary Maier President Maier & Co. I'm personally prepared, with a will and things for my family. With the company, I need to be better prepared. We don't have one. When you're a public company with thousands of people, it's more important. Scott Montgomery President and Chief Executive National Mercantile Relating to trade or commerce; commercial; having to do with the business of buying and selling; relating to merchants. A mercantile agency is an individual or company in the business of collecting data about the financial status, ability, and credit of individuals Bancorp Yes. We have several senior officers that would serve either as the interim chief executive officer should I get run over by a bus. And the board would then fill the position. They'd either go outside or have one of the internal candidates." Jose Collazo Chairman, Chief Executive and President Infonet Services Corp. Infonet is a functional organization with distributed responsibilities worldwide. It has and has had a succession plan for the CEO and other top executives that is briefed to the board each year. Mark Vidergauz Managing director and Chief Executive Sage Group I feel pretty well and have no plans of going anywhere. We do actually have a plan that we worked out with our board when we first started the company. It's a combination of having both executives at the firm take over. It came about when we were looking at various life insurance policies. Our board members are very sophisticated and they said we should probably think the idea of succession through and have a plan in place. Jim McGinty James Andrew "Jim" McGinty (born 22 September, 1949) is an Australian politician. A member of the Australian Labor Party (ALP), he currently represents the Electoral district of Fremantle in the Western Australian Legislative Assembly. Chief Financial Officer Hot Topic Inc. We certainly talk about those things and have plans in place. Our board and senior management team hold an annual human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. review every year and succession is a fixed item on the agenda. The meeting is dedicated to discussing that and other human resource issues. Colby Haines Owner Colby Communications Corp. In the long run the company would be dissolved dis·solve v. dis·solved, dis·solv·ing, dis·solves v.tr. 1. To cause to pass into solution: dissolve salt in water. 2. . I chose a businessperson that I know to step in to resolve any outstanding commitments. She is familiar with my accounts and also knowledgeable about how to access my computers. She would handle all of the accounting and notify everyone that I passed away. There would be a list of recommended firms for them to choose from. My clients would be taken care of. |
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