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Reducing the compensation of a CEO by half is not an easy decision. But for board members with shareholders to consider, tough decisions like these are sometimes necessary.
The stories I have chosen to tell are not easy for me to share. These are not my proudest moments, and I usually prefer to wear my confident, professional persona for public consumption.
It’s the new adage of the marketing world: the secret to happiness is spending money on experiences, not things. While the desire for the latest gizmo has long fueled a culture of consumption, lasting memories can make a business a winning one.
When my wife, Bonnie, and I graduated from Utah State University, our commencement speaker was Gerald Ford, then vice president of the United States and the proud father of a member of our graduating class. He commented, “It was Horace Greeley who said, ‘Go west, young man,’ but it was Brigham Young who knew where to stop.”
Elder J. Willard Marriott Jr., president and chair of Marriott International, and Richard E. Marriott, chair of Host Hotels and Resorts, joined other church leaders, campus officials, faculty, and members of the National Advisory Council 25 April 2007 to break ground for a significant addition to the N. Eldon Tanner Building.
Looking Back–A Century Since His Birth
Avoiding Illegal and Unethical Transactions
Strategies to Succeed Against the Big Guys
THIS IS THE FINAL INSTALLMENT OF A THREE-PART SERIES FOCUSING ON ECONOMIC SELF-RELIANCE.
Visiting with top executives, touring bustling factories, and meeting with micro-credit applicants is not an everyday occurrence for Marriott School undergraduate students—unless you happen to be on a business study abroad.