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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jul 07, 2002
Page
31
A survey of 300 U S investors shows 56 percent doubt CEOs act in shareholders' best interests. Seventy five percent say CEO actions affect company sincerity, while 65 percent warn more Enron like cases may occur. Exiting CEOs hit a six month high in May with 80 departures.
Recruiters advise preparing a list of potential references from work history including colleagues supervisors and former clients. Confirm references before you search and have at least three ready during interviews. After securing a job, thank your references and offer reciprocal references.
Marking a new chapter in its 100 year history Rinderknecht Associates Inc at 1000 29th Ave SW announced the retirement of President Gerry Friauf and named Tom Amosson 53 as his successor. Friauf cited employee ownership as expanding opportunities.
The firm has worked on the New Helen G Nassif YMCA North Pointe Plaza towers Mount Mercy Basile Hall Cedar Rapids Country Club and new pools at Bever and Noelridge parks. Amosson joined in 1973 after college work at Iowa State University citing a team approach as key to value and budget control.
In the year before Enron filed for bankruptcy chairman Kenneth Lay and over 140 top officials received about 310 million in pay. Court records show 434.5 million in gains from stock options and stock, sparking questions about compensation practices. Experts warn such incentives may have warped decision making toward personal gain over long term growth.
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