People » CEO Files

April 1, 2010
“He called and said, ‘If you don’t pay me by Friday, I’ll kill you.’ I had 8,
A sign in Jack DeBoer's office reads, "Success is seldom permanent. Neither is failure." DeBoer has seen plenty of both in his long career but his spectacular wins have been sufficient to eclipse his losses. Business-minded since childhood, he began selling real estate while still in high school in Kalamazoo, Mich., and has been an entrepreneur ever since.
October 1, 2009
“After crossing the bridge from Hong Kong, I called my wife and said, ‘Honey,
Jim Sexton quit college after about a week because he wanted to create his own entrepreneurial future. "I have a knack for designing and picking things that people will buy," he said.
February 1, 2009
Richard Thompson is an enthusiastic self-proclaimed entrepreneur. "I've never had a job my whole life that I didn't create," he told me as we talked in his finely refurbished Hawker 700A on the Jet Aviation ramp at New Jersey's Teterboro Airport.
December 1, 2008
“The Liberty Hotel is about transformation, and how to make a jail into a joy
Real estate developer Richard Friedman has been winning plaudits for his unusual latest project: the transformation of the historic Charles Street Jail in Boston's Beacon Hill district into the luxurious, award-winning Liberty Hotel.
August 1, 2008
“If you get one airplane and you get other people using it to defray the cost
The NASDAQ crashed in March 2000, Shawn Jenkins recalled. "That June, my partner Mason Holland and I started Benefitfocus. It was an awkward time to start a software company," he said, with just a touch of irony.
June 1, 2008
Some people have aviation in their DNA. Stanley Stub Hubbard got it from his father, Stanley Eugene Hubbard, who took up flying in 1916, started a few marginally successful airlines, opened an airport in Louisville, Ky., and helped organize the Metropolitan Airport Commission in 1943. By then he had already established himself in radio-and had passed on the flying bug to his son.
April 1, 2008
“My philosophy is don’t let your losses impact your long-range direction an
James Dolan made news in the Pittsburgh business press in 1996 when he left a successful position as president and CEO of Federated Services Co., a subsidiary of Federated Investors, after 20 years with the well-established investment manager. To outsiders, it appeared to be a dream job.
February 1, 2008
Randall Greene
Following in the footsteps of a successful father is rarely easy, particularly when it involves a business founded by the father. Randall Greene, now chairman, president and CEO of Safe Flight Instrument Corp., faces this challenge. His father, Leonard Greene, started the company in 1946.
October 1, 2007
Though he is no longer under the employ of a corporation, you can't really call Brian Barents retired. Being on the boards of five aviation companies-including serving as vice chairman of Aerion Corp., which is planning to develop the first supersonic business jet-keeps him almost as busy as when he was running other companies and was active in the Michigan and Kansas National Guards.
August 1, 2007
“I literally go through my schedule at the end of each week,” Pino said, “and
The large lawn in front of the Sikorsky Aircraft headquarters building just north of the Merritt Parkway in Stratford, Conn., contains a not-unexpected windsock and helipad.

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Quote/Unquote

““CEOs go to their vacation homes just after companies report favorable news, and CEOs return to headquarters right before subsequent news is released. More good news is released when CEOs are back at work, and CEOs appear not to leave headquarters at all if a firm has adverse news to disclose. When CEOs are away from the office, stock prices behave quietly with sharply lower volatility. Volatility increases immediately when CEOs return to work.” —David Yermack, a New York University finance professor, whose recently released study shows a correlation between when CEOs take their private jets on vacation and movements in their companies’ stock price ”

-David Yermack