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Directors flex their muscles
\"Directors have become more qualified and more informed,\" said John Wood, vice chairman at Chicago-based Heidrick & Struggles and a member of the executive-search firm's chief executives and board of directors practice. Clarence Otis Jr., the embattled chairman and CEO of Darden Restaurants, owner of Red Lobster and Olive Garden, has come under fire for his attendance at 76 board meetings last year for companies other than his own.
Trade Publication Article
The DIY approach to small business insurance
The benefits of captives extend beyond moderating risks. Since 2003, section 831(b) of the Internal Revenue Code has permitted individuals to put up to $1.2 million per year into a captive insurance company, tax-free. [...]some wealth managers are touting the establishment of captive insurance companies as away forbusiness owners to improve their tax profiles and pass along inheritances to family members without paying an estate tax.
Trade Publication Article
From minnows to marlins
[...]some 35% of CPA firms in the area will experience a change in ownership over the next five years, according to an analysis by Robert Fligel, president of RF Resources, a Manhattan firm that advises accounting firms about mergers. \"Merger mania is now on steroids,\" said Louis Grassi, president and chief executive of Grassi & Co., a 200-employee, Manhattan-based firm that is currently considering some merger opportunities.
Trade Publication Article
Damage control: a booming niche
When one client, a hedge fund, was sued by a former trader for wrongful dismissal, Mr. Illingworth's solution involved hiring a forensic computer expert to unearth security violations by the litigant that contributed to the suit's dismissal.
Trade Publication Article
Crain's New York Business Fast 50: DISTINCTIVE WORKFORCE SOLUTIONS
[...]DWS' status as a New York state-certified minority-owned and disabled-veteran-owned business (Mr. Renard is Chilean-American, and his brother, CEO Gonzalo Vergara, served in the U.S. Air Force) satisfies the needs of corporations that receive tax credits for doing business with them.
Trade Publication Article
Crain's New York Business Fast 50: ADMARKETPLACE.COM
What keeps adMarketplace growing is the high level of personal attention it gives its customers, according to Jeff Gores, senior vice president of search and performance at Media Contacts, a provider of data-focused marketing solutions that has hired adMarketplace to help fine-tune online media buys for its clients.
Trade Publication Article
Crain's New York Business Fast 50: DROGA5
\"The old model of command control hitting the client over the head with a campaign is over,\" said Droga5's chief executive and co-founder, Andrew Essex.
Trade Publication Article
Crain's New York Business Fast 50: INVNT
[...]we have a highly competitive pricing model.\"
Trade Publication Article
Crain's New York Business Fast 50: YODLE
\"A lot of people go after the small business market, but can't do it,\" said Matt Booth, an interactive local media analyst at BIA/Kelsey.
Trade Publication Article