Nike replaces CEO Perez with Mark Parker
Nike chairman Phil Knight said he replaced chief executive William D. Perez after a year, saying Perez could not transition from consumer products to running the athletic shoe giant. Mark Parker was named CEO, Perez will receive at least 4.5 million in pay and bonus plus buyout of his Portland home and about 3.6 million in remodeling reimbursements.
MENTIONED IN THIS ARTICLE
Nike Inc
Phil Knight
William D. Perez
S.C. Johnson & Son Inc
Knight
Mark Parker
Perez
Nike
Portland, Ore
Bill Ford
St. Paul
Minn
Cuatitlan
Mexico
United Auto Workers
Preservation Repair Workshop for Original Windows
Lawrence craftsmen Mike Goans and Dennis Brown lead an Old House Window Workshop to educate owners of historic properties on value through energy efficiency and incentives for repairing original windows. Free event at 7 p.m. Wednesday in the Lawrence Public Library auditorium.
MENTIONED IN THIS ARTICLE
Lawrence
Mike Goans
Dennis Brown
The
Lawrence Preservation Alliance
Lawrence Public Library
Dale Slusser
Daleslusser
Hotmail
Leadership Sprint Nextel names board for spinoff
Sprint Nextel Corp unveils five directors to guide the new standalone unit for its local phone business. Peter Brown chairs and leads as CEO, with William Owens, Dinesh Paliwal, Stephanie Shern, and Daniel Hesse as notable appointees. The spin off targets second quarter and projects about $6 billion in annual revenue.
MENTIONED IN THIS ARTICLE
Sprint Nextel Corp
Sprint Nextel
Peter Brown
AMC Entertainment Inc
William Owens
Nortel Networks Corp
Joint Chiefs of Staff
Dinesh Paliwal
ABB Inc
Stephanie Shern
Ernst & Young LLP
Daniel Hesse
Hesse
Contact as Mark Fagan Business Editor
Mark Fagan identified as business editor with contact details including phone 832-7188 and email mfagan ljworld com for newsroom outreach and submission inquiries.
MENTIONED IN THIS ARTICLE
Mark Fagan
Mfagan
Ljworld
Stocks of Local Interest PPE Rule Explainer
The text defines projected price earnings ratio PPE as closing price divided by the next twelve months earnings per share. It notes earnings estimates come from the Institutional Brokers' Estimate System and that PPE below PE suggests higher next year earnings, while PPE above PE implies lower next year earnings.
Ford to cut jobs and idle 14 plants by 2012
Ford Motor Co plans to cut 25 000 to 30 000 jobs and idle 14 facilities by 2012 to reverse a 1.6 billion North American loss. The shutdowns affect seven assembly plants including Wixom and St. Louis and Windsor Casting in Ontario, with St. Thomas Ontario production reduced to one shift.
MENTIONED IN THIS ARTICLE
Dearrsorn
Mich
Ford Motor Co
Ford
St. Louis
Atlanta
Michigan
Wixom
Batavia Transmission
Ohio
Windsor Casting
Ontario
Canadian Auto Workers
St. Thomas Assembly
Ford Keeps Claycomo Plant Off Closure List
Ford announced plans to close 14 manufacturing sites and identified 12 with 2 to be decided later. The Claycomo plant near Kansas City Missouri, employing over 5,000, builds F-150 pickups and Ford Escape SUVs and is not on the closure list.
MENTIONED IN THIS ARTICLE
Ford Assembly
Kansas City
Claycomo
Automaker
Ford
Claycomp
Local company signs on to market Kansas Relays
Star Gameday will handle sponsorships and marketing for the Kansas Relays set for April 2022 at Memorial Stadium in Lawrence. The six-figure title sponsorship goal aims to boost revenue, broaden participation, and raise event profile with outside partners. The move shifts marketing from Kansas Athletics to a private firm as KU eyes higher attendance and bigger sponsorships.
MENTIONED IN THIS ARTICLE
Mike Vickers
Star Gameday
Memorial Stadium
Lawrence
Tim Weaver
Relays
Kansas Athletics Inc
Kansas University
Espn Regional
Allen Fieldhouse
Jim Marchiong
Kansas Athletics
Shawnee Mission
Star Media Group
Vickers
Shelley Rosdahl
Star Signs & Graphics Inc
Scott McClurg
Journal-World Photo
Kansas Relays
Local farm grain prices across Ottawa and nearby elevators
Daily price roundup shows wheat at 3.70, corn 1.83, milo 1.78, soybeans 5.35 at Ottawa, Edgerton, and Overbrook elevators with mixed availability NA for some grains. Nonferrous metals list Monday bids: Lead 1317.00 per metric ton, Zinc 103.46 cents per lb, Gold 558.30 per troy oz, Silver 9.026 per troy oz, Platinum 1047.80 per troy oz.
MENTIONED IN THIS ARTICLE
Jworld.com
At&t Inc
APPB
Aquila
ILA
Bb&t C
BET
Boeing
BrookeCp
Buckle
BKE
Capfedf Cffn
Caseys
CPS
Cisco
CSCO
Citigro
CocaCl
ColgPal
DelMate
Donney RR
ExxonMb
Fordm
Gannett
Gel
Garmin
Genentch
DNA
GenElec
Goodyear
Gt PlainEn
HCA Inc
HCA
Harleyd
Heinz
HNZ
Hercules
Honcilinti
Keycorp
Kroger
LneSstk
STAR
Lucent
Macerich
Merck
Microsoft
MSFT
Oreilly' S
ORLY
PaulShoe
Penney
PeopEn
PGL
Pfizer PepsiCo
PFE
SprintNex
US Bancro
VerizonCm
WalMart
Walgrn
WAG
WFC
WestarEn WellsFrgo
WmsCas
Zimmer
Ottawa Cooperative Assn
Ottawa
Milo
Edgerton
Overbrook
Midland Elevator
Lawrence North
Lawrence South
Pauline
London
Splurging on self and loved one proves costly yet worthwhile
Michelle Singletary cites Rev. Steve Jamison's tale about splurging for a loved one. A reader admits buying a Christmas gift car for a niece and reflects on spending, love, and the idea that generous spending can be good for the soul when financially secure.
MENTIONED IN THIS ARTICLE
Spelman College
Atlanta
Steve Jamison
Eastridge Christian Assembly
Issaquah
Wash
Jamison
Dorn
Also Mentioned on This Page
Nike Sacks
Leadership Sprint Nextel
Uring Ford
K.C
Kansas
Jjworld
Michelle Singletary Singletarym
Wachenst
Michelle Singletary
Washington Post