Successful but penniless CEO wins Ribby Award

Previous Ribby Awards have gone to CEOs who have sacrificed personal security and comfort to help their employees make it through the recession. This month’s Ribby goes to Untours founder and CEO Hal Taussig, who has happily given away everything he and the profitable company have earned for more than a decade. The 85-year-old Taussig, … C’mon read the rest.

Paranoia enables CEO to expand during recession and win Ribby Award

Previous Ribby Awards have gone to courageous CEOs who sacrificed their salaries, egos and other trappings to help their employees get through the recession.  This month’s honor goes to Jack Stack, CEO of Springfield Remanufacturing Corporation,(SRC) in Springfield, MO, whose employee-owned company has actually expanded during the economic crisis.  Stack and his team have thrived … C’mon read the rest.

Japan Airlines CEO makes less than pilots, wins Ribby Award

As I continue struggling to find United States CEOs who unselfishly lead their companies, the Ribby Award for August goes to the President and CEO of Japan Airlines (JAL), Haruka Nishimatsu, who earns less than his pilots, rides the bus to work, and eats in the company cafeteria. Last year Mr. Nishimatsu cut his own … C’mon read the rest.

CEO lays himself off rather than employees, wins Ribby Award

10/24/2011 – In October 2009, Mats Melbin was named managing director of Anytec Boats in Sweden and continues in that position. In designing the Ribby Award to recognize self-sacrificing CEOs, I wanted to focus on those who join their employees in the trenches to make sure their companies survive these hard times. However, because unselfish … C’mon read the rest.

Greg Blount gets on the phone to help borrowers and credit union employees, earns Ribby Award for May

When the financial meltdown hit, Greg Blount, president of Tropical Financial Credit Union (TFCU), was close to finishing his successful banking career. Rather than strap on his parachute, he and his executive team assumed entry-level assignments to help the company and its borrowers. His efforts have earned him the Ribby Award for May. During the … C’mon read the rest.

Paul Levy of Beth Israel Deaconess Medical Center inspires execs, employees to share sacrifice and wins Ribby Award

The 2nd Ribby Award recognizes Paul Levy, President and CEO of Beth Israel Deaconess Medical Center in Brookline, Mass. Rather than keep a veil on economic woes and make backroom decisions, Levy publicly detailed his company’s challenges and engaged his employees in a plan to both avoid operating losses and keep up full employment. Because … C’mon read the rest.