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Yet months after it opened, a decision by executives to set up a for-profit entity to operate the facility — and shield the nonprofit from potential lawsuits — backfired.
On Friday, President François Hollande of France said that it was up to Peugeot shareholders and executives to set out plans for the company's future, and only then could the state offer its view, Reuters reported.
REMARKS ON THE ECONOMY, NEW YORK CITY MARCH 27, 2008 CORPORATE GOVERNANCE "It's bad for business when boards allow their executives to set the price of their stock options to guarantee that they'll get rich regardless of how they perform".
The repurchases allowed executives to set aside millions of shares they awarded to themselves as part of their compensation and to help increase the stock price by reducing the supply.
Her job was to cold call mid-level and senior executives to set up sales meetings for her company.
But the Churchill decision may encourage government executives to set up judicial-like bodies to review constitutionally questionable employment decisions to protect themselves from suits in future cases.
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Shareholders and board members increasingly expect the chief executive to set a good example.
They have, for example, the right to hire and fire the chief executive, to set the executive's wages, and to review important corporate policies.
Devolved responsibility allows the Northern Ireland executive to set policy and take major decisions in health and social care.
Three years ago, the bureau hired a former I.B.M. executive to set up a system, but agents say it is still years away from completion.
Some think that the recent departure of a top executive, to set up the local operations of Credit Suisse First Boston, could be a sign that it too will unravel: similar departures proved to be harbingers at Kotak and DSP Merrill Lynch.
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