article thumbnail

How IBM's Sam Palmisano Redefined the Global Corporation

Harvard Business Review

In 2009 he called off the $7 billion acquisition of Sun Microsystems in part due to Sun's egregious golden parachutes. As he concludes his career, he leaves his successor, Virginia Rometty, with an iconic giant poised to dominate its industry for decades to come. Palmisano once said, "The CEO is not the brand!

article thumbnail

Marissa Mayer’s Departure from Yahoo and the Challenge of Drawing Lessons from an N of 1

Harvard Business Review

Although the fall of Yahoo was probably inevitable, our fascination with celebrity leaders has resulted in an extraordinary amount of interest in Marissa Mayer’s recent resignation as CEO, in particular her $23 million golden parachute. We are not used to female leaders getting away with failure (or success).

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

From CEO to Novelist: Not without Perseverance

In the CEO Afterlife

For John Richard Bell it was a bizarre change in career direction. The golden parachute was nice, but the passion and the purpose was suddenly gone.”. And one spent years writing a potboiler about a Yugoslav pilot in World War II betrayed by his girlfriend, shot down over the Adriatic Sea and jailed in a U.S. Last month, a U.S.

CEO 100
article thumbnail

From CEO to Novelist: Not without Perseverance

In the CEO Afterlife

For John Richard Bell it was a bizarre change in career direction. The golden parachute was nice, but the passion and the purpose was suddenly gone.”. And one spent years writing a potboiler about a Yugoslav pilot in World War II betrayed by his girlfriend, shot down over the Adriatic Sea and jailed in a U.S. Last month, a U.S.

CEO 100