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|Archives - September 2009|
|Monday, August 17, 2009|
LIST RESEARCH AND STORY BY BRANDON SAWYER
OREGON’S HIGHEST-PAID CEOs for public companies had a rough year, but they fared better than their company stocks did. Total compensation fell 3.6% from last year. By contrast, annual wages averaged $41,430 for all Oregon occupations and $160,710 for Oregon’s chief executives, according to the Bureau of Labor Statistics’ May 2008 wage survey. Our CEOs earned a combined total of $82 million. Pay components were similar to last year, except bonuses fell to 5% from 8% and changes in CEO pension value rose to 11% from 9%.
Among this year’s top 40, 22 received greater compensation than the past year and 14 received less.
With the exception of Lithia’s Sid DeBoer (No. 24), CEOs listed last year all shifted ranks. Four CEOs were newly recruited last year and 13 of those listed are no longer serving as CEO, including numero uno, John Carter of Schnitzer Steel, who surged past last year’s topper, Precision Castparts’ Mark Donegan (No. 4), with earnings of $9.1 million. Earl Lewis shot up to No. 2 to become the highest-paid CEO still serving. His total compensation increased 128% to $8.9 million while FLIR’s stock fell 2% over the year. Bruce Davis (No. 8) saw a 163% increase in his pay, climbing to No. 8, from 21 last year, as Digimarc’s stock jumped 14%. PGE’s former CEO Peggy Fowler (No. 5), Umpqua Bank’s Ray Davis (No. 7) and Schnitzer’s Carter each had incomes increase by more than 50% despite company stock declines during 2008.
In fact, only four of the 40 CEOs saw their company’s stock rise in value during 2008. While their pay dipped only slightly, an astounding amount of CEO turnover in Oregon may reflect the nation’s recent economic turmoil. Fewer than half of the CEOs who made our list in 2008 still hold their positions today.
*No longer serving as CEO.
**Compensation reported for 2009 when last fiscal year ended.
***Became CEO during the most recent fiscal year, generally 2008.
†Company is no longer publicly held and/or headquartered in Oregon.
Wednesday, August 19, 2015
BY LINDA WESTON
In 1996, after a 17-year career in the destination marketing industry, where I gained national standing as the CEO of the Convention & Visitors Association of Lane County, I was recruited by the founders of a new professional basketball league for women. The American Basketball League (ABL) hoped to leverage the success of the 1996 USA women’s national team at the Atlanta Olympics — much like USA Soccer is now leveraging the U.S. Women’s National Team’s victory in the World Cup. The ABL wanted a team in Portland, and they wanted me to be its general manager.
Friday, August 14, 2015
BY JACOB PALMER | DIGITAL NEWS EDITOR
17 airlines make stops at Portland International Airport, but not all are created equal when it comes to customer service.
Friday, July 10, 2015
BY JOE CORTRIGHT
The false promise of economic impact statements.
Wednesday, August 19, 2015
BY LINDA BAKER
In 2010 Vanessa Keitges and several investors purchased Portland-based Columbia Green Technologies, a green-roof company. The 13-person firm has a 200% annual growth rate, exports 30% of its product to Canada and received its first infusion of venture capital in 2014 from Yaletown Venture Partners. CEO Keitges, 40, a Southern Oregon native who serves on President Obama’s Export Council, talks about market innovation, scaling small business and why Oregon is falling behind in green-roof construction.
Friday, July 10, 2015
BY LINDA BAKER
Market of Choice is on a tear. In 2012 the 35-year-old Eugene-based grocery chain opened a central kitchen/distribution center in its hometown. The market opened a third Portland store in the Cedar Mill neighborhood this year; a Bend outpost broke ground in March. A fourth Portland location is slated for the inner southeast “LOCA” development, a mixed-use project featuring condos and retail. Revenues in 2014 were $175 million, a double-digit increase over 2013. CEO Rick Wright discusses growth, market trends and how he keeps new “foodie” grocery clerks happy.
Friday, July 17, 2015
Photographer Jason Kaplan takes a look at Murray's Pharmacy in Heppner. The family owned business is run by John and Ann Murray, who were featured in our July/August cover story: 10 Innovators in Rural Health Care.
Monday, August 03, 2015
BY JASON E. KAPLAN | STAFF PHOTOGRAPHER
You may have noticed the photos of our rural health innovators departed from the typical Oregon Business aesthetic.
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Transforming the culture of Oregon’s educational leadership.
The Board dismissed a petition related to efforts to unionize the Northwestern University football team.
Every once in a while we receive a letter in the (fictional) mailbag that is tough to describe and quite compelling. This week, Isabel, the new HR manager at LabCo (and someone who is new to HR), wants to know whether she may fire the owner’s son for having an Oregon medical marijuana card. In passing, Isabel also makes a number of alarming admissions about her motivation. Here is Isabel’s nerve-racking question and our response to it.
Oregon Sick Leave is here, and changes to the federal white-collar worker regulations are on the way. This workshop will prepare you for both. We invite you to participate in an interactive discussion on how to start planning now for the future impact on your operations and finances.
Presented by OEN + CENTRL + YESpdx.
This Roundtable will cover numerous issues under the employer "shared responsibility" rules of the Affordable Care Act, including how to track the "full-time" status of variable-hour employees, temporary or seasonal employees, and employees who experience a change in status or a break in service. Additionally, we will provide a brief overview of Code sections 6055 and 6056, which require most mid-sized and large employers to submit their first information reports to the IRS in early 2016 regarding the health insurance coverage being offered to employees. We invite you to participate in an interactive discussion on how to prepare for the future impact of the shared responsibility rules on your operations and finances.