“A committee of the [...] Board of Directors has been formed and is conducting the search for a new CEO.”
That particular statement came from Sprint today, somewhat earlier than expected, to announce that Gary Forsee has stepped down as chief executive officer, effective immediately.
On a much more important note, however, I learned this evening that [...]
Posted in governance on Oct 8th, 2007
The gist: Well, I told you so. That was in December 2004. By June of 2005, I had moved Nextel to my “endangered companies” list. And, here we are today. The Wall Street Journal says the Sprint board has begun quietly searching for a new chief executive, and they hope to [...]
Posted in Sprint, governance on Oct 4th, 2007
On Friday, the non-profit Kaiser Foundation Health Plan reported that its profit for the first half of the year was over $1.9 billion. For the first time in years, the organization also reported its figures on an operating income basis, a more helpful measure of ongoing performance, rather than net income (which happens to [...]
Posted in Kaiser Permanente, business, governance on Aug 6th, 2007
You could be forgiven for wondering why the name Benjamin Chu seems to appear whenever there is some questionable organization breaking the boundary that is supposed to exist between not-for-profit and for-profit healthcare. Ben Chu, who reports to George Halvorson, serves as the Southern California regional president for the not-for-profit Kaiser Foundation Health Plan.
You [...]
Posted in Kaiser Permanente, governance on Jul 29th, 2007