Management & Executives

Controversies are arising from ballooning executive compensation packages are popping up from Texas to Seoul. CEOs are pulling down hundreds or millions in bonuses while their companies' stock prices tumble, workers get laid off, and pension plans get slashed.

State Farm

Company Snapshot: 

State Farm Mutual Automobile Insurance Company was founded on June 7, 1922, by George J. Mecherle, a retired farmer. It initially concentrated on meeting auto insurance needs of Illinois farmers through a mutual organization owned by the customers. By 1942, the company was the nation's largest auto insurer, a ranking it has held ever since. About one out of every five cars on the road is insured with State Farm®. State Farm Mutual Automobile Insurance Company is a mutual insurance company and as such does not have any shareholders.

American Apparel

Last edited by on June 17, 2009 - 11:07pm
Company Snapshot: 

American Apparel is a clothing company with the assurance of “sweatshop-free” clothing. It was started by a young entrepreneur Dov Charney with the hopes of attracting a market base of young, hip urbanites with a mind towards labor rights and ethical business practices. American Apparel now has stores in L.A., New York, and Chicago, among other locations, with 4,500 employees that receive living wages and benefits.

Halliburton

Company Snapshot: 

Halliburton is a leader in the oil services industry as a provider of engineering and construction services for oil extraction and development. After separating from Kellogg, Brown & Root (KBR) in 2007, it is no longer in the business of providing military logistics support.

Prudential Financial

Company Snapshot: 

Prudential Financial, Inc. is a financial services company. As of February, 2008, the Company had approximately $784 billion of assets under management. Through its subsidiaries and affiliates, the Company offers an array of financial products and services, including life insurance, mutual funds, annuities, pension and retirement-related services and administration, asset management, banking and trust services, real estate brokerage and relocation services, and, through a joint venture, retail securities brokerage services.

Delphi

Company Snapshot: 

Delphi primarily makes various automobile parts. The company's technology is also sold for computing, communications, consumer electronics, energy and medical applications. The company filed for Chapter 11 bankruptcy in 2005 and soon thereafter began operating as "debtors-in-possession" under court supervision, with the expectation of emerging from bankruptcy sometime in 2008. The company is a former division of General Motors (GM), separated in 1999.

Accenture

Company Snapshot: 

Accenture Ltd. is the largest consulting firm in the world, incorporated in Bermuda with its main U.S. office in Chicago, Illinois. It has made the outsourcing of jobs into big business.

The company was established as the consulting wing of Arthur Andersen, Andersen Consulting, splitting off in 2000, when it changed its name to Accenture.

Manpower Inc.

Company Snapshot: 

Manpower Inc. is a world leader in the employment services industry; they oversee the entire process of recruitment from selection to training to outplacement. Operating in nearly 78 countries around the world, primarily the third world and developing nations, Manpower effectively replaces the responsibility of companies or corporations to find, profile and train employees.

KPMG

Company Snapshot: 

KPMG is one of the Big Four accounting firms. KPMG LLP, is the U.S. limited liability partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International, a Swiss cooperative.

Through its member firms, KPMG provides audit, tax, and other advisory services.

Maytas Infra Limited

Company Snapshot: 

Maytas Infra Limited (MIL) is a Hyderabad (India) based construction and infrastructure development company. Promoted by the now-discredited Satyam Computer Services Ltd's founder and former chairman B. Ramalinga Raju, Maytas Infra was at the centre of the Satyam financial scam which unravelled after Satyam's failed bid to acquire Maytas Infra and Maytas Properties.

Satyam Computer Services Limited

Company Snapshot: 

Begun in 1987, Satyam Computer Services is the fourth largest IT Company in India, providing consulting, outsourcing, engineering and software solutions. Satyam describes itself as a global business and information technology company servicing more than 20 industries. The company went public in 1991 and is also listed in New York Stock Exchange (NYSE). Satyam says its revenues crossed the $1 billion (Rs 4800 cr @ Rs 48/$1) in 2006 making it the youngest IT company in India to reach this milestone.