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B>NEW YORK:/BWhen the new chief executive of Kmart takes the company's jet for personal trips, he will have to pay for it. His base salary is lower than that of the company's former CEOs, and he got no signing bonus.
Australia#8217;s biggest winemaker Southcorp Ltd dumped its chief executive, Keith Lambert, yesterday just weeks after it slashed its profit forecast, driving its share price to four-year lows.
The titans of international business wrestled mightily for six days at the World Economic Forum with how to repair public trust damaged by scandals over shoddy accounting and bankruptcies like Enron's.