Execs give Cheney good grades: Halliburton's shareholders might disagree

Article Abstract:

Halliburton shareholders have mixed views of Dick Cheney who is the global energy company's CEO and is also running for vice president of the US. They agree that the stock tripled within two years of Cheney's joining the firm but has never recovered from a 60% fall owing to the Asian financial crisis in 1997. His performance bonus also fell from $2 million in 1997 to $1.2 million in 1998 to nothing in 1999. On the other hand, executives rave about Cheney's performance as a corporate officer, claiming that he was crucial to the acquisition of Dresser Industries and smaller deals that made Haliburton the leader in the industry.

Utilities, Energy, Halliburton Co.

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Honeywell brings Bossidy back to break up, sell units

Article Abstract:

Honeywell International is bringing back renowned CEO Larry Bossidy at 66 to dismantle the conglomerate.

Diversified Companies, Honeywell International Inc., ALD

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New Rite Aid CEO brings team

Article Abstract:

Rite Aid Corp has appointed a new CEO in the person of Robert Miller, former CEO of the Fred Meyer supermarket chain from 1991 to May 1999. Miller will step to rebuild the drugstore chain, whose stock has been languishing since Jan 1999. The appointment was accompanied by the hiring of three of Miller's long-time lieutenants. Also hired were Mary Sammons, chief operating officer; David Jessick, administrative officer; and John Standley, chief financial officer.

Pharmacies and Drug Stores, Drug Store Chains, Rite Aid Corp.

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