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.
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.
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.
10/20/2011 — Although many continue to struggle as the Great Recession wears on, in early 2009 no one knew how many U.S. businesses would fail and workers would lose their jobs. Too many CEOs either helped cause the problems or took an easy escape route, when hard times arrived. That’s when I announced the Ribby … C’mon read the rest.