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March 21, 2005

The imperial CEO loses his crown

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Posted by Dominic Basulto

With the departures of Michael Eisner from Disney and Hank Greenberg from insurance giant AIG, it looks like the end of an era, says Terry Keenan in the New York Post: "The reign of the imperial executive is officially over. R.I.P., celebrity CEO." Oh, and don't forget about Bernie Ebbers, the folks at Enron, the CEO of Boeing, and a whole raft of other top-level executives who now find themselves out of a job. In February alone, there were more than 100 high-level management changes, says the New York Post -- the highest number in more than four years.

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