Team Palm Bay

http://www.businessweek.com/magazine/content/02_38/b3800001.htm

This article talks about long term CEO’s that have built up withstanding and very successful companies and you have probably never even heard of their name. The article was written back in 2002 but makes very good points like mentioning the book Good to Great and the CEO of Costco. The article starts off by telling the store of Aramark Worldwide Corp and when they walked away from a acquisition deal that would have expanded the company internationally. The CEO took a closer look at the companies they were interested in and the books weren’t right. Even though the company had spent alot of time on the negotiations the CEO decided to walk out of the deal. The article also mentions the CEO/co-founder of Costco and how he is still with the company even after 19 years.

Overall I believe good CEO’s care not about their personal success but how successful they can make a company.  Most of the excellent CEO’s we have never heard of but they are the ones that build sustaining companies with solid foundations.

Katie Garner