A chief executive officer (CEO, American English), managing director (MD, British English) or chief executive, is the highest-ranking corporate officer (executive) or administrator in charge of total management of an organization. An individual appointed as a CEO of a corporation, company, organization, or agency typically reports to the board of directors.

Responsibilities

The responsibilities of an organization's CEO are set by the organization's Board of Directors or other authority, depending on the organization's legal structure. They can be far reaching or quite limited and are typically enshrined in a formal delegation of authority.

Typically, the CEO has responsibilities as a communicator, decision maker, leader, and manager. The communicator role can involve the press and the rest of the outside world, as well as the organization's management and employees; the decision making role involves high-level decisions about policy and strategy. As a leader, the CEO advises the board of directors, motivates employees, and drives change within the organization. As a manager, the CEO presides over the organization's day-to-day, month-to-month, and year-to year operations.

International use

In some European Union countries, there are two separate boards, one executive board for the day-to-day business and one supervisory board for control purposes (elected by the shareholders). In these countries, the CEO presides over the executive board and the chairman presides over the supervisory board, and these two roles will always be held by different people. This ensures a distinction between management by the executive board and governance by the supervisory board. This allows for clear lines of authority. The aim is to prevent a conflict of interest and too much power being concentrated in the hands of one person. In the United States, the board of directors (elected by the shareholders) is often equivalent to the supervisory board, while the executive board may often be known as the executive committee (the division/subsidiary heads and C-level officers that report directly to the CEO).

In other parts of the world, such as Asia, it is possible to have two or three ''CEO''s in charge of one corporation. In the UK, many charities and government agencies are headed by a chief executive who is answerable to a board of trustees or board of directors. In the UK, similar to a sizable percentage of public companies in the US, the chairman of the board in public companies is more senior than the chief executive (who is usually known as the managing director).

The following presents an alphabetical list of some international common terms for the CEO position:

''Al-Rais Al-Tanithi'' (Chief Executive)

Australia: general manager (GM) (or also managing director (MD), but only when the executive officeholder is also a member of the board of directors)

''Shǒuxí zhíxíng guān/xíngzhèng zǒngcá'' (Chief Executive Officer) (administrating director) (Adm.Dir.) (general manager) (executive director) (executive director) (TJ) (chairman & chief executive) (P.D-G) (GmbH) or (AG) ''Genikos Aieuthuntic'' (general manager) ''Mankal/Menahel Klali'' (Director General)

India: CEO or managing director (MD)

(Presdir/Dirut) (POF) (delegated administrator) (AD) ''Saikō keiei-sha'' (Chief Menager) ''choegogyeong-yeongja'' (Chief Executive Officer) (chairman of the board) (general director) (izvrshen direktor - executive director) or also (generalen direktor - general director) (administrating director) (adm. dir.) ''Mudir Amal'' (Chief Executive) (general director) (PCA) (generalnyi direktor – general director) (CEO / MD) (executive director) (VD) (CEO / MD) (Holovnyi vykonavchyi dyrektor - Head executive director), also ''Генеральний директор'' (Heneral'nyi dyrektor – General director)}} ''Chif Igzikutu Afisr'' (Chief Executive Officer)

In the United States, and in business, the executive officers are usually the top officers of a corporation, the chief executive officer (CEO) being the best-known type. The definition varies; for instance, the California Corporate Disclosure Act defines "Executive Officers" as the five most highly-compensated officers not also sitting on the board of directors. In the case of a sole proprietorship, an executive officer is the sole proprietor. In the case of a partnership, an executive officer is a managing partner, senior partner, or administrative partner. In the case of a limited liability company, an executive officer is any member, manager, or officer.

Related positions

Typically, a CEO has several subordinate executives, each of whom has specific functional responsibilities.

Common associates include a chief business development officer (CBDO), chief financial officer (CFO), chief operating officer (COO), chief marketing officer (CMO), chief information officer (CIO), chief communications officer (CCO), chief legal officer (CLO), chief technical officer (CTO), chief risk officer (CRO), chief creative officer (CCO), chief compliance officer (CCO), chief audit executive (CAE), chief diversity officer (CDO), or chief human resources officer (CHRO).

In hospitals and healthcare organizations, this also often includes a chief medical officer (CMO), a chief nursing officer (CNO), and a chief medical informatics officer (CMIO).

In the United Kingdom the term 'director' is used instead of 'chief officer'. Associates include the audit executive, business development director, chief executive, compliance director, creative director, director of communications, diversity director, financial director, human resources director, information technology director, legal affairs director, managing director (MD), marketing director, operations director and technical director.

See also

CEO succession

Executive officer

List of CEO books

List of chief executive officers

O*NET

Oldest CEOs

United States Department of Labor

References

External links

U.S. Bureau of Labor Statistics - Top Executives: Description and Outlook

2008–2010 Study: CEOs Who Fired Most Workers Earned Highest Pay – video report by ''Democracy Now!''

Category:Business and financial operations occupations Category:Corporate governance Category:Management occupations

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Coordinates	°′″N°′″N
name	Mark Zuckerberg
birth name	Mark Elliot Zuckerberg
birth date	May 14, 1984
birth place	White Plains, New York, U.S.
ethnicity	Jewish
alma mater	Harvard University (dropped out)
occupation	CEO/President of Facebook (24% shareholder in 2010)
networth	US$13.5 billion (2011)
relatives	Randi, Donna and Arielle (sisters)
awards	TIME Person of the Year 2010
residence	Palo Alto, California
known for	Co-founding Facebook in 2004; becoming world's youngest billionaire as of 2008
website	Facebook.com/MarkZuckerberg }}

Mark Elliot Zuckerberg (born May 14, 1984) is an American computer programmer and Internet entrepreneur. He is best known for co-creating the social networking site Facebook, of which he is chief executive and president. It was co-founded as a private company in 2004 by Zuckerberg and classmates Dustin Moskovitz, Eduardo Saverin, and Chris Hughes while they were students at Harvard University. In 2010, Zuckerberg was named ''Time'' magazine's Person of the Year. , his personal wealth was estimated to be $13.5 billion.

Personal life

Zuckerberg was born in 1984 in White Plains, New York to Karen, a psychiatrist, and Edward Zuckerberg, a dentist. He and his three sisters, Randi, Donna, and Arielle, were brought up in Dobbs Ferry, New York. Zuckerberg was raised Jewish and had his bar mitzvah when he turned 13, although he has since described himself as an atheist.

At Ardsley High School, Zuckerberg had excelled in the classics before transferring to Phillips Exeter Academy in his junior year, where he won prizes in science (math, astronomy and physics) and Classical studies (on his college application, Zuckerberg listed as non-English languages he could read and write: French, Hebrew, Latin, and ancient Greek) and was a fencing star and captain of the fencing team. In college, he was known for reciting lines from epic poems such as ''The Iliad''.

At a party put on by his fraternity during his sophomore year, Zuckerberg met Priscilla Chan, a Chinese-American fellow student originally from the Boston suburbs (Braintree, Massachusetts), and they have dated continuously, except for a brief period, since 2003. In September 2010, Zuckerberg invited Chan, by then a medical student at the University of California, San Francisco, to move into his rented Palo Alto house. Zuckerberg studied Mandarin Chinese every day in preparation for the couple's visit to China in December 2010. , Facebook is blocked by that country's Internet firewall.

On Zuckerberg's Facebook page, he listed his personal interests as "openness, making things that help people connect and share what's important to them, revolutions, information flow, minimalism". Zuckerberg sees blue best because of red–green colorblindness; blue is also Facebook's dominant color.

In May 2011, it was reported that Zuckerberg had bought a five bedroom house in Palo Alto for $7 million.

Software developer

Early years

Zuckerberg began using computers and writing software as a child in middle school. His father taught him Atari BASIC Programming in the 1990s, and later hired software developer David Newman to tutor him privately. Newman calls him a "prodigy," adding that it was "tough to stay ahead of him." Zuckerberg also took a graduate course in the subject at Mercy College near his home while he was still in high school. He enjoyed developing computer programs, especially communication tools and games. In one such program, since his father's dental practice was operated from their home, he built a software program he called "ZuckNet," which allowed all the computers between the house and dental office to communicate by pinging each other. It is considered a "primitive" version of AOL's Instant Messenger, which came out the following year.

According to writer Jose Antonio Vargas, "some kids played computer games. Mark created them." Zuckerberg himself recalls this period: "I had a bunch of friends who were artists. They'd come over, draw stuff, and I'd build a game out of it." However, notes Vargas, Zuckerberg was not a typical "geek-klutz," as he later became captain of his prep school fencing team and earned a classics diploma. Napster employee Sean Parker, a close friend, notes that Zuckerberg was "really into Greek odysseys and all that stuff,” recalling how he once quoted lines from the Latin epic poem ''Aeneid'', by Virgil, during a Facebook product conference.

During Zuckerberg's high school years, under the company name Intelligent Media Group, he built a music player called the Synapse Media Player that used artificial intelligence to learn the user's listening habits, which was posted to Slashdot and received a rating of 3 out of 5 from ''PC Magazine''. Microsoft and AOL tried to purchase Synapse and recruit Zuckerberg, but he chose instead to enroll at Harvard University in September 2002.

Harvard years

By the time he began classes at Harvard, he had already achieved a "reputation as a programming prodigy," notes Vargas. He studied psychology and computer science and belonged to Alpha Epsilon Pi, a Jewish fraternity. In his sophomore year, he wrote a program he called CourseMatch, which allowed users to make class selection decisions based on the choices of other students and also to help them form study groups. A short time later, he created a different program he initially called Facemash that let students select the best looking person from a choice of photos. According to Zuckerberg's roommate at the time, Arie Hasit, "he built the site for fun." Hasit explains:

We had books called Face Books, which included the names and pictures of everyone who lived in the student dorms. At first, he built a site and placed two pictures, or pictures of two males and two females. Visitors to the site had to choose who was "hotter" and according to the votes there would be a ranking.

The site went up over a weekend, but by Monday morning the college shut it down because its popularity had overwhelmed Harvard's server and prevented students from accessing the Internet. In addition, many students complained that their photos were being used without permission. Zuckerberg apologized publicly, and the student paper ran articles stating that his site was "completely improper."

Around the time of Facemash, however, students were requesting that the university develop an internal website that would include similar photos and contact details. According to Hasit, "Mark heard these pleas and decided that if the university won't do something about it, he will, and he would build a site that would be even better than what the university had planned."

Facebook

Founding and goals

Zuckerberg launched Facebook from his Harvard dormitory room on February 4, 2004. An earlier inspiration for Facebook may have come from Phillips Exeter Academy, the prep school from which Zuckerberg graduated in 2002. It published its own student directory, “The Photo Address Book,” which students referred to as “The Facebook.” Such photo directories were an important part of the student social experience at many private schools. With them, students were able to list attributes such as their class years, their proximities to friends, and their telephone numbers.

Once at college, Zuckerberg's Facebook started off as just a "Harvard thing" until Zuckerberg decided to spread it to other schools, enlisting the help of roommate Dustin Moskovitz. They first started it at Stanford, Dartmouth, Columbia, New York University, Cornell, Penn, Brown, and Yale, and then at other schools that had social contacts with Harvard.

Zuckerberg moved to Palo Alto, California, with Moskovitz and some friends. They leased a small house that served as an office. Over the summer, Zuckerberg met Peter Thiel who invested in the company. They got their first office in mid-2004. According to Zuckerberg, the group planned to return to Harvard but eventually decided to remain in California. They had already turned down offers by major corporations to buy out Facebook. In an interview in 2007, Zuckerberg explained his reasoning:

It's not because of the amount of money. For me and my colleagues, the most important thing is that we create an open information flow for people. Having media corporations owned by conglomerates is just not an attractive idea to me.

He restated these same goals to ''Wired'' magazine in 2010: "The thing I really care about is the mission, making the world open." Earlier, in April 2009, Zuckerberg sought the advice of former Netscape CFO Peter Currie about financing strategies for Facebook. On July 21, 2010, Zuckerberg reported that the company reached the 500 million-user mark. When asked whether Facebook could earn more income from advertising as a result of its phenomenal growth, he explained:

I guess we could ... If you look at how much of our page is taken up with ads compared to the average search query. The average for us is a little less than 10 percent of the pages and the average for search is about 20 percent taken up with ads ... That’s the simplest thing we could do. But we aren’t like that. We make enough money. Right, I mean, we are keeping things running; we are growing at the rate we want to.

In 2010, Steven Levy, who authored the 1984 book ''Hackers: Heroes of the Computer Revolution'', wrote that Zuckerberg "clearly thinks of himself as a hacker." Zuckerberg said that "it's OK to break things" "to make them better." Facebook instituted "hackathons" held every six to eight weeks where participants would have one night to conceive of and complete a project. The company provided music, food, and beer at the hackathons, and many Facebook staff members, including Zuckerberg, regularly attended. "The idea is that you can build something really good in a night", Zuckerberg told Levy. "And that's part of the personality of Facebook now ... It's definitely very core to my personality."

''Vanity Fair'' magazine named Zuckerberg number 1 on its 2010 list of the Top 100 "most influential people of the Information Age". Zuckerberg ranked number 23 on the ''Vanity Fair'' 100 list in 2009. In 2010, Zuckerberg was chosen as number 16 in ''New Statesman'''s annual survey of the world's 50 most influential figures.

Wirehog

A month after Facebook launched in February 2004, i2hub, another campus-only service, created by Wayne Chang, was launched. i2hub focused on peer-to-peer file sharing. At the time, both i2hub and Facebook were gaining the attention of the press and growing rapidly in users and publicity. In August 2004, Zuckerberg, Andrew McCollum, Adam D'Angelo, and Sean Parker launched a competing peer-to-peer file sharing service called Wirehog, a precursor to Facebook Platform applications.

Platform and Beacon

On May 24, 2007, Zuckerberg announced Facebook Platform, a development platform for programmers to create social applications within Facebook. Within weeks, many applications had been built and some already had millions of users. It grew to more than 800,000 developers around the world building applications for Facebook Platform. On July 23, 2008, Zuckerberg announced Facebook Connect, a version of Facebook Platform for users.

On November 6, 2007, Zuckerberg announced a new social advertising system called Beacon, which enabled people to share information with their Facebook friends based on their browsing activities on other sites. For example, eBay sellers could let friends know automatically what they have for sale via the Facebook news feed as they list items for sale. The program came under scrutiny because of privacy concerns from groups and individual users. Zuckerberg and Facebook failed to respond to the concerns quickly, and on December 5, 2007, Zuckerberg wrote a blog post on Facebook taking responsibility for the concerns about Beacon and offering an easier way for users to opt out of the service.

In 2007, Zuckerberg was named to the MIT Technology Review TR35 as one of the top 35 innovators in the world under the age of 35.

Legal controversies

ConnectU lawsuits

Harvard students Cameron Winklevoss, Tyler Winklevoss, and Divya Narendra accused Zuckerberg of intentionally making them believe he would help them build a social network called HarvardConnection.com (later called ConnectU). They filed a lawsuit in 2004 but it was dismissed on a technicality on March 28, 2007. It was refiled soon thereafter in federal court in Boston. Facebook counter sued in regards to Social Butterfly, a project put out by The Winklevoss Chang Group, an alleged partnership between ConnectU and i2hub. On June 25, 2008, the case settled and Facebook agreed to transfer over 1.2 million common shares and pay $20 million in cash.

In November 2007, confidential court documents were posted on the website of ''02138'', a magazine that catered to Harvard alumni. They included Zuckerberg's social security number, his parents' home address, and his girlfriend's address. Facebook filed to have the documents removed, but the judge ruled in favor of ''02138''.

Saverin lawsuit

A lawsuit filed by Eduardo Saverin against Facebook and Zuckerberg was settled out of court. Though terms of the settlement were sealed, the company affirmed Saverin's title as co-founder of Facebook. Saverin signed a non-disclosure contract after the settlement.

Pakistan criminal investigation

In June 2010, Pakistani Deputy Attorney General Muhammad Azhar Sidiqque launched a criminal investigation into Zuckerberg and Facebook co-founders Dustin Moskovitz and Chris Hughes after a "Draw Muhammad" contest was hosted on Facebook. The investigation also named the anonymous German woman who created the contest. Sidiqque asked the country's police to contact Interpol to have Zuckerberg and the three others arrested for blasphemy. On May 19, 2010, Facebook's website was temporarily blocked in Pakistan until Facebook removed the contest from its website at the end of May. Sidiqque also asked its UN representative to raise the issue with the United Nations General Assembly.

Paul Ceglia

On June 30, 2010, Paul Ceglia, the owner of a wood pellet fuel company in Allegany County, upstate New York, filed a lawsuit against Zuckerberg, claiming 84% ownership of Facebook and seeking monetary damages. According to Ceglia, he and Zuckerberg signed a contract on April 28, 2003 that an initial fee of $1,000 entitled Ceglia to 50% of the website's revenue, as well as an additional 1% interest in the business per day after January 1, 2004, until website completion. Zuckerberg was developing other projects at the time, among which was ''Facemash'', the predecessor of Facebook, but did not register the domain name ''thefacebook.com'' until January 1, 2004. Facebook management dismissed the lawsuit as "completely frivolous". Facebook spokesman Barry Schnitt told a reporter that Ceglia's counsel had unsuccessfully sought an out-of-court settlement.

The contract itself says that Ceglia agreed to pay Zuckerberg $1,000 for StreetFax and $1,000 for another project called PageBook. The contract also mentions an expanded project called The Face Book to be completed by January 2004, saying “an additional 1% interest in the business will be due the buyer for each day the website is delayed from that date”. Ceglia has proffered a $1,000 receipt from his checkbook, dated six months after the contract as evidence that he paid Zuckerberg for his work. But it wasn't the full $2,000 amount, and the agreement doesn’t describe what happens if there is a default.

In an interview with ABC World News, Zuckerberg stated he was confident he had never signed such an agreement. At the time, Zuckerberg worked for Ceglia as a code developer on a project named "StreetFax". Judge Thomas Brown issued a restraining order on all financial transfers concerning ownership of Facebook until further notice; in response, Facebook removed the case to federal court and asked that the state court injunction be dissolved. According to Facebook, the injunction would not affect their business and lacked any legal basis.

Depictions in media

''The Social Network''

A movie based on Zuckerberg and the founding years of Facebook, called ''The Social Network'' was released on October 1, 2010, and stars Jesse Eisenberg as Zuckerberg. After Zuckerberg was told about the film, he responded, "I just wished that nobody made a movie of me while I was still alive." Also, after the film's script was leaked on the Internet and it was apparent that the film would not portray Zuckerberg in a wholly positive light, he stated that he wanted to establish himself as a "good guy". The film is based on the book ''The Accidental Billionaires'' by Ben Mezrich, which the book's publicist once described as "big juicy fun" rather than "reportage." The film's screenwriter Aaron Sorkin told ''New York'' magazine, "I don't want my fidelity to be to the truth; I want it to be to storytelling", adding, "What is the big deal about accuracy purely for accuracy's sake, and can we not have the true be the enemy of the good?"

Upon winning the Golden Globes award for Best Picture on January 16, 2011, producer Scott Rudin thanked Facebook and Zuckerberg "for his willingness to allow us to use his life and work as a metaphor through which to tell a story about communication and the way we relate to each other.” Sorkin, who won for Best Screenplay, retracted some of the impressions given in his script: :"I wanted to say to Mark Zuckerberg tonight, if you're watching, Rooney Mara's character makes a prediction at the beginning of the movie. She was wrong. You turned out to be a great entrepreneur, a visionary, and an incredible altruist."

On January 29, 2011, Zuckerberg made a surprise guest appearance on ''Saturday Night Live'', which was being hosted by Jesse Eisenberg. They both said it was the first time they ever met. Eisenberg asked Zuckerberg, who had been critical of his portrayal by the film, what he thought of the movie. Zuckerberg replied, "It was interesting." In a subsequent interview about their meeting, Eisenberg explains that he was "nervous to meet him, because I had spent now, a year and a half thinking about him. . ." He adds, "Mark has been so gracious about something that’s really so uncomfortable....The fact that he would do ''SNL'' and make fun of the situation is so sweet and so generous. It’s the best possible way to handle something that, I think, could otherwise be very uncomfortable."

Disputed accuracy

Author Jeff Jarvis, of the forthcoming book ''Public Parts'', interviewed Zuckerberg and believes Sorkin has made too much of the story up. He states, "That's what the internet is accused of doing, making stuff up, not caring about the facts."

According to David Kirkpatrick, former technology editor at ''Fortune'' magazine and author of ''The Facebook Effect:The Inside Story of the Company That Is Connecting the World,'' (2011), "the film is only "40% true. . . he is not snide and sarcastic in a cruel way, the way Zuckerberg is played in the movie." He says that "a lot of the factual incidents are accurate, but many are distorted and the overall impression is false," and concludes that primarily "his motivations were to try and come up with a new way to share information on the internet."

Although the film portrays Zuckerberg's creation of Facebook in order to elevate his stature after not getting into any of the elite final clubs at Harvard, Zuckerberg himself said he had no interest in joining the final clubs. Kirkpatrick agrees that the impression implied by the film is "false."

Karel Baloun, a former senior engineer at Facebook, notes that the "image of Zuckerberg as a socially inept nerd is overstated . . .It is fiction. . ." He likewise dismisses the film's assertion that he "would deliberately betray a friend."

Other depictions

Zuckerberg voiced himself on an episode of ''The Simpsons'', "Loan-a Lisa", which first aired on October 3, 2010. In the episode, Lisa Simpson and her friend Nelson encounter Zuckerberg at an entrepreneurs' convention. Zuckerberg tells Lisa that she does not need to graduate from college to be wildly successful, referencing Bill Gates and Richard Branson as examples.

On October 9, 2010, ''Saturday Night Live'' lampooned Zuckerberg and Facebook. Andy Samberg played Zuckerberg. The real Zuckerberg was reported to have been amused: "I thought this was funny."

Stephen Colbert awarded a "Medal of Fear" to Zuckerberg at the Rally to Restore Sanity and/or Fear on October 30, 2010, "because he values his privacy much more than he values yours."

Philanthropy

Zuckerberg donated an undisclosed amount to Diaspora, an open-source personal web server that implements a distributed social networking service. He called it a "cool idea."

Zuckerberg founded the Start-up: Education foundation. On September 22, 2010, it was reported that Zuckerberg had arranged to donate $100 million to Newark Public Schools, the public school system of Newark, New Jersey. Critics noted the timing of the donation as being close to the release of ''The Social Network'', which painted a somewhat negative portrait of Zuckerberg. Zuckerberg responded to the criticism, saying, "The thing that I was most sensitive about with the movie timing was, I didn’t want the press about 'The Social Network' movie to get conflated with the Newark project. I was thinking about doing this anonymously just so that the two things could be kept separate." Newark Mayor Cory A. Booker stated that he and New Jersey Governor Chris Christie had to convince Zuckerberg's team not to make the donation anonymously.

On December 9, 2010, Zuckerberg, Bill Gates, and investor Warren Buffett signed a promise they called the "Giving Pledge", in which they promised to donate to charity at least half of their wealth over the course of time, and invited others among the wealthy to donate 50% or more of their wealth to charity.

References

External links

;Document list

Mark Zuckerberg's patents at ip.com

;Interviews Video of interview, Leslie Stahl, ''Sixty Minutes''

Video of Interview, Rick Stengel, ''Time Magazine'' ''December 2010''

Category:1984 births Category:American atheists Category:American billionaires Category:American computer businesspeople Category:American computer programmers Category:American Internet personalities Category:American Jews Category:Businesspeople in information technology Category:Child businesspeople Category:Facebook employees Category:Harvard University alumni Category:Jewish atheists Category:Living people Category:People from Westchester County, New York Category:Phillips Exeter Academy alumni Category:TR35 winners

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Coordinates	°′″N°′″N
Name	Eric Schmidt
Birth date	April 27, 1955
Birth place	Washington, D.C., United States
Residence	Atherton, California, U.S.
Occupation	Executive Chairman of Google
Alma mater	Princeton University (B.S. 1976)University of California, Berkeley (M.S. in 1979 and PhD in 1982)
Salary	$557,466 compensation in 2006
Networth	US$7 billion (2011)
Website	Google Inc. Profile }}

Eric Emerson Schmidt (born April 27, 1955) is an American engineer, executive chairman of Google and former member of the board of directors of Apple Inc. From 2001–2011, he served as chief executive of Google. He is a co-author of the lex lexical analyzer software for Unix. He has also sat on the boards of trustees for Carnegie Mellon University and Princeton University.

Biography

Schmidt was born in Washington, D.C. and grew up in Blacksburg, Virginia. After graduating from Yorktown High School, Schmidt attended Princeton University where he earned a B.S. in Electrical Engineering in 1976. At the University of California, Berkeley, he earned an MS in 1979 for designing and implementing a network linking the campus computer center, the CS and the EECS departments, and a PhD in 1982 in EECS with a dissertation about the problems of managing distributed software development and tools for solving these problems. He was joint author of ''lex'' (a lexical analyzer and an important tool for compiler construction). He taught at Stanford Business School as a part time professor.

Schmidt lives in Atherton, California, with his wife Wendy.

He is also on the list of ARTnews 200 top art collectors.

He is also a member of the Bilderberg Group and attended the Swiss 2011 Bilderberg conference in St. Moritz, Switzerland.

The Eric Schmidt Family Foundation

The Eric Schmidt Family Foundation addresses issues of sustainability and the responsible use of natural resources. Wendy and Eric Schmidt, working with Heart Howerton, a San Francisco architectural firm that specializes in large-scale land use, have inaugurated several projects on the island of Nantucket that seek to sustain the unique character of the island, and to minimize the impact of seasonal visitation on the island's core community. Wendy Schmidt offered the prize purse of the Wendy Schmidt Oil Cleanup X CHALLENGE, a challenge award for efficient capturing of crude oil from seawater motivated by the Deepwater Horizon oil spill.

Career

Early career

Early in his career, Schmidt held a series of technical positions with IT companies, including Bell Labs, Zilog and Xerox’s famed Palo Alto Research Center (PARC).

From Sun to Google

Schmidt joined Sun Microsystems in 1983 as its first software manager. He rose to become director of software engineering, vice president and general manager of the software products division, vice president of the general systems group, and president of Sun Technology Enterprises. In April 1997, he became CEO and chairman of the board of Novell.

Schmidt left Novell after the acquisition of Cambridge Technology Partners. Google founders Larry Page and Sergey Brin interviewed Schmidt. Impressed by him, they recruited Schmidt to run their company in 2001 under the guidance of venture capitalists John Doerr and Michael Moritz.

Google

Schmidt joined Google's board of directors as chairman in March 2001 and became the company's CEO in August 2001. At Google, Schmidt shared responsibility for Google's daily operations with founders Page and Brin. As indicated by page 29 of Google's 2004 S-1 Filing Schmidt, Page, and Brin ran Google as a triumvirate. Schmidt had legal responsibilities typically assigned to the CEO of a public company and focused on management of the vice presidents and the sales organization.

According to Google's website, Schmidt also focuses on "building the corporate infrastructure needed to maintain Google's rapid growth as a company and on ensuring that quality remains high while product development cycle times are kept to a minimum."

In 2007, ''PC World'' ranked Schmidt as the first on the list of the 50 most important people on the web, along with Google co-Founders Larry Page and Sergey Brin.

In 2009, Schmidt was considered one of the "TopGun CEOs" by Brendan Wood International, an advisory agency.

On January 20, 2011, Google announced that Schmidt would step down as CEO of Google, but continue as the executive chairman of the company, and act as an adviser to co-founders Page and Brin. Page replaced Schmidt as CEO on April 4, 2011.

The 2011 book ''In the Plex: How Google Thinks, Works, and Shapes Our Lives'' by Steven Levy claims that in 2001, Schmidt requested that a political donation he made be removed from Google search results. The request was not fulfilled. Schmidt has denied this ever occurred.

Apple

Schmidt was elected to Apple's board of directors on August 28, 2006. On August 3, 2009, it was announced that Schmidt would resign from the board of directors at Apple due to conflict of interests amid the growing competition between Google and Apple.

President Barack Obama

Schmidt "was a campaign advisor and major donor to Barack Obama, and when he announced he was leaving that perch, he planned to remain 'at the forefront of Google’s government relations team.' And Obama even has considered him for Commerce Secretary." Schmidt was an informal advisor to the Obama presidential campaign and began campaigning the week of October 19, 2008, on behalf of the candidate. He had been mentioned as a possible candidate for the chief technology officer position which Obama created in his administration. After Obama won, Schmidt was a member of President Obama's transition advisory board. He proposed that the easiest way to solve all of the problems of the United States at once, at least in the domestic policy, is by a stimulus program that rewards renewable energy and, over time, attempts to replace fossil fuels with renewable energy. He has since become a new member of the President's Council of Advisors on Science and Technology PCAST.

New America Foundation

The New America Foundation is a non-profit public policy institute and think tank, founded in 1999. Schmidt is the current chairman of the board of directors. He succeeded founding chairman James Fallows in 2008.

Compensation

Upon being hired, Eric Schmidt was paid a salary of $250,000, and an annual performance bonus. He was granted 14,331,703 shares of class B common stock at 30 cents per share, and 426,892 shares of Series C preferred stock at purchase price of $2.34.

Schmidt and the Google founders agreed to a base salary of $1 in 2004 (which continued through 2010), with other compensation of $557,465 in 2006, $508,763 in 2008 and $243,661 in 2009. He did not receive any additional stock, or options in 2009 or 2010. Most of his compensation was for "personal security" and charters of private aircraft. Schmidt is one of the few people who became billionaires (in United States dollars) based on stock options received as an employee in a corporation of which he was neither the founder nor a relative of the founder. In its 2011 'World's Billionaires' list, Forbes ranked Schmidt as the 136th richest person in the world, with an estimated wealth of $7 billion. Google gave him $100 million in 2011 as a parting gift.

Views

During an interview, aired on December 3, 2009 on the CNBC documentary "Inside the Mind of Google", Schmidt was asked, "People are treating Google like their most trusted friend. Should they be?" His reply was: "I think judgment matters. If you have something that you don’t want anyone to know, maybe you shouldn’t be doing it in the first place, but if you really need that kind of privacy, the reality is that search engines including Google do retain this information for some time, and it’s important to remember, for example, that we are all subject in the United States to the Patriot Act. It is possible that that information could be made available to the authorities." At the Techonomy conference on August 4, 2010, Schmidt expressed that technology is good, but he said that the only way to manage the challenges is "much greater transparency and no anonymity." Schmidt also stated that in an era of asymmetric threats, "true anonymity is too dangerous."

In August 2010, Schmidt clarified his company's views on network neutrality: "I want to be clear what we mean by Net neutrality: What we mean is if you have one data type like video, you don't discriminate against one person's video in favor of another. But it's okay to discriminate across different types, so you could prioritize voice over video, and there is general agreement with Verizon and Google on that issue."

Proposition 8

In 2008, Schmidt was part of a group of Silicon Valley leaders who supported the defeat of Proposition 8 in California.

See also

List of billionaires

70/20/10 Model — business model advocated by Schmidt

RechargeIT

References

External links

;Speeches

Eric Schmidt and Larry Page speaking at Stanford (May 1, 2002)

Eric Schmidt talks about innovation on Executive Talks, November 2006

Schmidt-ceo-of-google.html Eric Schmidt interview by iinnovate, March 2007

YouTube: Eric Schmidt at the Seoul Digital Forum. (2007.06.05)

Eric Schmidt speaks as part of NASA 50 years Lecture Series, January 17, 2008

Mobile World Congress 2010 Keynote: Eric Schmidt, CEO, Google(Feb 2010)

iTunes: Google making of a modern company.

;Articles

CNET: Google balances privacy, reach (July 14, 2005), which uses Eric Schmidt as an example of the personal information held by Google.

Princeton University Board of Trustees

Category:1955 births Category:American art collectors Category:American billionaires Category:American chief executives Category:American electrical engineers Category:Apple Inc. employees Category:Businesspeople from Washington, D.C. Category:Google employees Category:Living people Category:People from Washington, D.C. Category:Princeton University alumni Category:University of California, Berkeley alumni

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Coordinates	°′″N°′″N
Width	200
Position	Shooting guard / Small forward
Height ft	6|height_in 6
Weight lbs	216
Number	23, 45, 9, 12
Birth date	February 17, 1963
Birth place	Brooklyn, New York
High school	Emsley A. Laney
League
Career start	1984
Career end	2003
Draftyear	1984
Draftround	1
Draftpick	3
Draftteam	Chicago Bulls
College	North Carolina (1981–1984)
Years1	–, – |team1 Chicago Bulls
Years2	– |team2 Washington Wizards
Stat1label	Points
Stat1value	32,292 (30.1 ppg)
Stat2label	Rebounds
Stat2value	6,672 (6.2 rpg)
Stat3label	Assists
Stat3value	5,633 (5.3 apg)
Letter	j
Bbr	jordami01
Highlights	6× NBA Champion (–, –) 5× NBA Most Valuable Player (, –, , ) 14× NBA All-Star (–, –, –) 6× NBA Finals MVP (–, –) 10× NBA scoring champion (–, –) 3× NBA steals champion (, , ) NBA Defensive Player of the Year () 10× All-NBA First Team (–, –) All-NBA Second Team () 9× NBA All-Defensive First Team (–, –) NBA Rookie of the Year () NBA All-Rookie First Team () 3× NBA All-Star Game MVP (, , ) 2× NBA Slam Dunk Contest champion (–) NBA's 50th Anniversary All-Time Team #23 Retired by Chicago Bulls and Miami Heat NCAA Champion (1982) 2× Consensus NCAA All-American First Team (1983–1984) ACC Player of the Year (1984) Oscar Robertson Trophy (1984) Naismith College Player of the Year (1984) John R. Wooden Award (1984) Adolph Rupp Trophy (1984)
Hof player	michael-jordan }}

Michael Jeffrey Jordan (born February 17, 1963) is a former American professional basketball player, active businessman, and majority owner of the Charlotte Bobcats. His biography on the National Basketball Association (NBA) website states, "By acclamation, Michael Jordan is the greatest basketball player of all time." Jordan was one of the most effectively marketed athletes of his generation and was instrumental in popularizing the NBA around the world in the 1980s and 1990s.

After a standout career at the University of North Carolina at Chapel Hill, where he was a member of the Tar Heels' National Championship team in 1982, Jordan joined the NBA's Chicago Bulls in 1984. He quickly emerged as a league star, entertaining crowds with his prolific scoring. His leaping ability, illustrated by performing slam dunks from the free throw line in slam dunk contests, earned him the nicknames "Air Jordan" and "His Airness". He also gained a reputation for being one of the best defensive players in basketball. In 1991, he won his first NBA championship with the Bulls, and followed that achievement with titles in 1992 and 1993, securing a "three-peat". Although Jordan abruptly retired from basketball at the beginning of the 1993–94 NBA season to pursue a career in baseball, he rejoined the Bulls in 1995 and led them to three additional championships (1996, 1997, and 1998) as well as an NBA-record 72 regular-season wins in the 1995–96 NBA season. Jordan retired for a second time in 1999, but returned for two more NBA seasons from 2001 to 2003 as a member of the Washington Wizards.

Jordan's individual accolades and accomplishments include five MVP awards, ten All-NBA First Team designations, nine All-Defensive First Team honors, fourteen NBA All-Star Game appearances, three All-Star Game MVP awards, ten scoring titles, three steals titles, six NBA Finals MVP awards, and the 1988 NBA Defensive Player of the Year Award. He holds the NBA records for highest career regular season scoring average (30.12 points per game) and highest career playoff scoring average (33.45 points per game). In 1999, he was named the greatest North American athlete of the 20th century by ESPN, and was second to Babe Ruth on the Associated Press's list of athletes of the century. He was inducted into the Basketball Hall of Fame in 2009.

Jordan is also noted for his product endorsements. He fueled the success of Nike's Air Jordan sneakers, which were introduced in 1985 and remain popular today. Jordan also starred in the 1996 feature film ''Space Jam'' as himself. He is the majority owner and head of basketball operations for the NBA's Charlotte Bobcats, having won a bidding war to buy controlling interest in the team from founding owner Robert L. Johnson.

Early years

Jordan was born in Brooklyn, New York, the son of Deloris (née Peoples), who worked in banking, and James R. Jordan, Sr., an equipment supervisor. His family moved to Wilmington, North Carolina, when he was a toddler. Jordan attended Emsley A. Laney High School in Wilmington, where he anchored his athletic career by playing baseball, football, and basketball. He tried out for the varsity basketball team during his sophomore year, but at 5'11" (1.80 m), he was deemed too short to play at that level. His taller friend, Harvest Leroy Smith, was the only sophomore to make the team.

Motivated to prove his worth, Jordan became the star of Laney's junior varsity squad, and tallied several 40 point games. The following summer, he grew four inches (10 cm) and trained rigorously. Upon earning a spot on the varsity roster, Jordan averaged about 20 points per game over his final two seasons of high school play. As a senior, he was selected to the McDonald's All-American Team During his three seasons at North Carolina, he averaged 17.7 ppg on 54.0% shooting, and added 5.0 rebounds per game (rpg). He was selected by consensus to the NCAA All-American First Team in both his sophomore (1983) and junior (1984) seasons. After winning the Naismith and the Wooden College Player of the Year awards in 1984, Jordan left North Carolina one year before his scheduled graduation to enter the 1984 NBA Draft. The Chicago Bulls selected Jordan with the third overall pick, after Hakeem Olajuwon (Houston Rockets) and Sam Bowie (Portland Trail Blazers). Jordan returned to North Carolina to complete his degree in 1986.

Professional career

During his first season in the NBA, Jordan averaged 28.2 ppg on 51.5% shooting. He quickly became a fan favorite even in opposing arenas, and appeared on the cover of ''Sports Illustrated'' with the heading "A Star is Born" just over a month into his professional career. Jordan was also voted in as an All-Star starter by the fans in his rookie season. Controversy arose before the All-Star game when word surfaced that several veteran players, led by Isiah Thomas, were upset by the amount of attention Jordan was receiving. This led to a so called "freeze-out" on Jordan, where players refused to pass him the ball throughout the game. The controversy left Jordan relatively unaffected when he returned to regular season play, and he would go on to be voted Rookie of the Year. The Bulls finished the season 38–44, and lost in the first round of the playoffs in four games to the Milwaukee Bucks.

Jordan's second season was cut short by a broken foot which caused him to miss 64 games. Despite Jordan's injury and a 30–52 record, the Bulls made the playoffs. Jordan recovered in time to participate in the playoffs and performed well upon his return. Against a 1985–86 Boston Celtics team that is often considered one of the greatest in NBA history, Jordan set the still-unbroken record for points in a playoff game with 63 in Game 2. The Celtics, however, managed to sweep the series.

Jordan had recovered completely by the 1986–87 season, and had one of the most prolific scoring seasons in NBA history. He became the only player other than Wilt Chamberlain to score 3,000 points in a season, averaging a league high 37.1 points on 48.2% shooting. In addition, Jordan demonstrated his defensive prowess, as he became the first player in NBA history to record 200 steals and 100 blocks in a season. Despite Jordan's success, Magic Johnson won the league's Most Valuable Player Award. The Bulls reached 40 wins, and advanced to the playoffs for the third consecutive year. However, they were again swept by the Celtics.

Mid-career: Pistons roadblock

Jordan led the league in scoring again in the 1987–88 season, averaging 35.0 ppg on 53.5% shooting and won his first league MVP award. He was also named the Defensive Player of the Year, as he had averaged 1.6 blocks and a league high 3.16 steals per game. The Bulls finished 50–32, and made it out of the first round of the playoffs for the first time in Jordan's career, as they defeated the Cleveland Cavaliers in five games. However, the Bulls then lost in five games to the more experienced Detroit Pistons, who were led by Isiah Thomas and a group of physical players known as the "Bad Boys".

In the 1988–89 season, Jordan again led the league in scoring, averaging 32.5 ppg on 53.8% shooting from the field, along with 8 rpg and 8 assists per game (apg). The Bulls finished with a 47–35 record, and advanced to the Eastern Conference Finals, defeating the Cleveland Cavaliers and New York Knicks along the way. The Cavaliers series included a career highlight for Jordan when he hit a series-winning shot over Craig Ehlo in the closing moments of the deciding fifth game of the series. However, the Pistons again defeated the Bulls, this time in six games, by utilizing their "Jordan Rules" method of guarding Jordan, which consisted of double and triple teaming him every time he touched the ball.

The Bulls entered the 1989–90 season as a team on the rise, with their core group of Jordan and young improving players like Scottie Pippen and Horace Grant, and under the guidance of new coach Phil Jackson. Jordan averaged a league leading 33.6 ppg on 52.6% shooting, to go with 6.9 rpg and 6.3 apg in leading the Bulls to a 55–27 record. They again advanced to the Eastern Conference Finals beating the Bucks and Philadelphia 76ers en route. However, despite pushing the series to seven games, the Bulls lost to the Pistons for the third consecutive season.

First three-peat

In the 1990–91 season, Jordan won his second MVP award after averaging 31.5 ppg on 53.9% shooting, 6.0 rpg, and 5.5 apg for the regular season. The Bulls finished in first place in their division for the first time in 16 years and set a franchise record with 61 wins in the regular season. With Scottie Pippen developing into an All-Star, the Bulls had elevated their play. The Bulls defeated the New York Knicks and the Philadelphia 76ers in the opening two rounds of the playoffs. They advanced to the Eastern Conference Finals where their rival, the Detroit Pistons, awaited them. However, this time the Bulls beat the Pistons in a surprising sweep. In an unusual ending to the fourth and final game, Isiah Thomas led his team off the court before the final minute had concluded. Most of the Pistons went directly to their locker room instead of shaking hands with the Bulls.

The Bulls compiled an outstanding 15–2 record during the playoffs, and advanced to the NBA Finals for the first time in franchise history, where they beat the Los Angeles Lakers four games to one. Perhaps the best known moment of the series came in Game 2 when, attempting a dunk, Jordan avoided a potential Sam Perkins block by switching the ball from his right hand to his left in mid-air to lay the shot in. In his first Finals appearance, Jordan posted per game averages of 31.2 points on 56% shooting from the field, 11.4 assists, 6.6 rebounds, 2.8 steals and 1.4 blocks. Jordan won his first NBA Finals MVP award, and he cried while holding the NBA Finals trophy.

Jordan and the Bulls continued their dominance in the 1991–92 season, establishing a 67–15 record, topping their franchise record from 1990 to 91. Jordan won his second consecutive MVP award with averages of 30.1 points, 6.4 rebounds and 6.1 assists per game on 52% shooting. After winning a physical 7-game series over the New York Knicks in the second round of the playoffs and finishing off the Cleveland Cavaliers in the Conference Finals in 6 games, the Bulls met Clyde Drexler and the Portland Trail Blazers in the Finals. The media, hoping to recreate a Magic-Bird rivalry, highlighted the similarities between "Air" Jordan and Clyde "The Glide" during the pre-Finals hype. In the first game, Jordan scored a Finals-record 35 points in the first half, including a record-setting six three-point field goals. After the sixth three-pointer, he jogged down the court shrugging as he looked courtside. Marv Albert, who broadcast the game, later stated that it was as if Jordan was saying, "I can't believe I'm doing this." The Bulls went on to win Game 1, and defeat the Blazers in six games. Jordan was named Finals MVP for the second year in a row and finished the series averaging 35.8 ppg, 4.8 rpg, and 6.5 apg, while shooting 53% from the floor.

In 1992–93, despite a 32.6 ppg, 6.7 rpg and 5.5 apg campaign, Jordan's streak of consecutive MVP seasons ended as he lost the award to his friend Charles Barkley. Coincidentally, Jordan and the Bulls met Barkley and his Phoenix Suns in the 1993 NBA Finals. The Bulls captured their third consecutive NBA championship on a game-winning shot by John Paxson and a last-second block by Horace Grant, but Jordan was once again Chicago's catalyst. He averaged a Finals-record 41.0 ppg during the six-game series, and became the first player in NBA history to win three straight Finals MVP awards. He scored more than 30 points in every game of the series, including 40 or more points in 4 consecutive games. With his third Finals triumph, Jordan capped off a seven-year run where he attained seven scoring titles and three championships, but there were signs that Jordan was tiring of his massive celebrity and all of the non-basketball hassles in his life.

Gambling controversy

During the Bulls' playoff run in 1993, controversy arose when Jordan was seen gambling in Atlantic City, New Jersey the night before a game against the New York Knicks. In that same year, he admitted to having to cover $57,000 in gambling losses, and author Richard Esquinas wrote a book claiming he had won $1.25 million from Jordan on the golf course. In 2005, Jordan talked to Ed Bradley of the CBS evening show ''60 Minutes'' about his gambling and admitted that he made some reckless decisions. Jordan stated, "Yeah, I've gotten myself into situations where I would not walk away and I've pushed the envelope. Is that compulsive? Yeah, it depends on how you look at it. If you're willing to jeopardize your livelihood and your family, then yeah." When Bradley asked him if his gambling ever got to the level where it jeopardized his livelihood or family, Jordan replied, "No."

First retirement and baseball career

On October 6, 1993, Jordan announced his retirement, citing a loss of desire to play the game. Jordan later stated that the murder of his father earlier in the year shaped his decision. James R. Jordan, Sr. was murdered on July 23, 1993, at a highway rest area in Lumberton, North Carolina, by two teenagers, Daniel Green and Larry Martin Demery. The assailants were traced from calls they made on James Jordan's cellular phone, caught, convicted, and sentenced to life in prison. Jordan was close to his father; as a child he had imitated his father's proclivity to stick out his tongue while absorbed in work. He later adopted it as his own signature, displaying it each time he drove to the basket. In 1996 he founded a Chicago area Boys & Girls Club and dedicated it to his father.

In his 1998 autobiography ''For the Love of the Game'', Jordan wrote that he had been preparing for retirement as early as the summer of 1992. The added exhaustion due to the Dream Team run in the 1992 Olympics solidified Jordan's feelings about the game and his ever-growing celebrity status. Jordan's announcement sent shock waves throughout the NBA and appeared on the front pages of newspapers around the world.

Jordan then further surprised the sports world by signing a minor league baseball contract with the Chicago White Sox. He reported to spring training and was assigned to the team's minor league system on March 31, 1994. Jordan has stated this decision was made to pursue the dream of his late father, who had always envisioned his son as a Major League Baseball player. The White Sox were another team owned by Bulls owner Jerry Reinsdorf, who continued to honor Jordan's basketball contract during the years he played baseball. In 1994, Jordan played for the Birmingham Barons, a Double-A minor league affiliate of the Chicago White Sox, batting .202 with three home runs, 51 runs batted in, 30 stolen bases, and 11 errors. He also appeared for the Scottsdale Scorpions in the 1994 Arizona Fall League, batting .252 against the top prospects in baseball.

"I'm back": Return to the NBA

In the 1993–94 season, the Bulls, without Jordan, achieved a 55–27 record, and lost to the New York Knicks in the second round of the playoffs. But the 1994–95 version of the Bulls was a shell of the championship squad of just two years earlier. Struggling at mid-season to ensure a spot in the playoffs, Chicago was 31–31 at one point in mid-March. The team received a lift, however, when Jordan decided to return to the NBA for the Bulls.

On March 18, 1995, Jordan announced his return to the NBA through a pithy press release: "I'm back." The next day, Jordan donned jersey number 45 (his number with the Barons), as his familiar 23 had been retired in his honor following his first retirement. He took to the court with the Bulls to face the Indiana Pacers in Indianapolis, scoring 19 points. The game had the highest Nielsen rating of a regular season NBA game since 1975.

Although he had not played in an NBA game in a year and a half, Jordan played well upon his return, making a game-winning jump shot against Atlanta in his fourth game back. He then scored 55 points in his fifth game back against the Knicks at Madison Square Garden on March 28, 1995 (his first appearance at Madison Square Garden since retiring). Boosted by Jordan's comeback, the Bulls went 13-4 to make the playoffs and advanced to the Eastern Conference Semifinals against the Orlando Magic. At the end of the first game of the series, though, Orlando's Nick Anderson would strip Jordan from behind, leading to the game-winning basket for the Magic; he would later comment that Jordan "didn't look like the old Michael Jordan", after which Jordan returned to wearing his old number (23). Jordan averaged 31 points per game in that series, but Orlando prevailed in six games.

Second three-peat

Freshly motivated by the playoff defeat, Jordan trained aggressively for the 1995–96 season. Strengthened by the addition of rebound specialist Dennis Rodman, the Bulls dominated the league, starting the season 41–3, and eventually finishing with the best regular season record in NBA history: 72–10. Jordan led the league in scoring with 30.4 ppg, and won the league's regular season and All-Star Game MVP awards. In the playoffs, the Bulls lost only three games in four series, defeating the Seattle SuperSonics in the NBA Finals to win the championship. Jordan was named Finals MVP for a record fourth time, surpassing Magic Johnson's three Finals MVP awards. He also achieved only the second sweep of the MVP Awards in the All-Star Game, regular season and NBA Finals, Willis Reed having achieved the first, during the 1969–70 season. Because this was Jordan's first championship since his father's death, and it was won on Father's Day, Jordan reacted very emotionally upon winning the title, including a memorable scene of him sobbing on the locker room floor with the game ball.

In the 1996–97 season, the Bulls started out 69–11, but narrowly missed out on a second consecutive 70-win season by losing their final two games to finish 69–13. However, this year Jordan was beaten for the NBA MVP Award by Karl Malone. The team again advanced to the Finals, where they faced Malone and the Utah Jazz. The series against the Jazz featured two of the more memorable clutch moments of Jordan's career. He won Game 1 for the Bulls with a buzzer-beating jump shot. In Game 5, with the series tied 2–2, Jordan played despite being feverish and dehydrated from a stomach virus. In what is known as the "flu game", Jordan scored 38 points including the game-deciding three-pointer with less than a minute remaining. The Bulls won 90–88 and went on to win the series in six games. For the fifth time in as many Finals appearances, Jordan received the Finals MVP award. During the 1997 NBA All-Star Game, Jordan posted the first triple double in All-Star Game history in a victorious effort; however, he did not receive the MVP award.

Jordan and the Bulls compiled a 62–20 record in the 1997–98 season. Jordan led the league with 28.7 points per game, securing his fifth regular-season MVP award, plus honors for All-NBA First Team, First Defensive Team and the All-Star Game MVP. The Bulls captured the Eastern Conference Championship for a third straight season, including surviving a grueling seven-game series with Reggie Miller's Indiana Pacers in the Eastern Conference Finals; it was the first time Jordan had played in a Game 7 since the 1992 series with the Knicks. After prevailing, they moved on for a rematch with the Jazz in the Finals.

The Bulls returned to Utah for Game 6 on June 14, 1998 leading the series 3–2. Jordan executed a series of plays, considered to be one of the greatest clutch performances in NBA Finals history. With the Bulls trailing 86–83 with 40 seconds remaining, coach Jackson called a timeout. When play resumed, Jordan received the inbound pass, drove to the basket, and hit a layup over several Jazz defenders. The Jazz brought the ball upcourt and passed the ball to forward Karl Malone, who was set up in the low post and was being guarded by Rodman. Malone jostled with Rodman and caught the pass, but Jordan cut behind him and swatted the ball out of his hands for a steal. Jordan then slowly dribbled upcourt and paused at the top of the key, eyeing his defender, Jazz guard Bryon Russell. With fewer than 10 seconds remaining, Jordan started to dribble right, then crossed over to his left, possibly pushing off Russell, although the officials did not call a foul. Jordan then made what would become the climactic shot of his career. After a desperation three-point shot by John Stockton missed, Jordan and the Bulls claimed their sixth NBA championship, and secured a second three-peat. Once again, Jordan was voted the Finals MVP, having led all scorers by averaging 33.5 points per game, including 45 in the deciding Game 6. Jordan's six Finals MVPs is a record; Shaquille O'Neal, Magic Johnson, and Tim Duncan are tied for second place with three apiece. The 1998 Finals holds the highest television rating of any Finals series in history, and Game 6 holds the highest television rating of any game in NBA history.

Second retirement

With Phil Jackson's contract expiring, the pending departures of Scottie Pippen (who stated his desire to be traded during the season) and Dennis Rodman (who would sign with the Los Angeles Lakers as a free agent) looming, and being in the latter stages of an owner-induced lockout of NBA players, Jordan retired for the second time on January 13, 1999.

On January 19, 2000, Jordan returned to the NBA not as a player, but as part owner and President of Basketball Operations for the Washington Wizards. Jordan's responsibilities with the Wizards were comprehensive. He controlled all aspects of the Wizards' basketball operations, and had the final say in all personnel matters. Opinions of Jordan as a basketball executive were mixed. He managed to purge the team of several highly paid, unpopular players (such as forward Juwan Howard and point guard Rod Strickland), but used the first pick in the 2001 NBA Draft to select high schooler Kwame Brown, who did not live up to expectations and was traded away after four seasons.

Despite his January 1999 claim that he was "99.9% certain" that he would never play another NBA game, in the summer of 2001 Jordan expressed interest in making another comeback, this time with his new team. Inspired by the NHL comeback of his friend Mario Lemieux the previous winter, Jordan spent much of the spring and summer of 2001 in training, holding several invitation-only camps for NBA players in Chicago. In addition, Jordan hired his old Chicago Bulls head coach, Doug Collins, as Washington's coach for the upcoming season, a decision that many saw as foreshadowing another Jordan return.

Washington Wizards comeback

On September 25, 2001 Jordan announced his return to professional play with the Wizards, indicating his intention to donate his salary as a player to a relief effort for the victims of the September 11, 2001 attacks. In an injury-plagued 2001–02 season, he led the team in scoring (22.9 ppg), assists (5.2 apg), and steals (1.42 spg). However, torn cartilage in his right knee ended Jordan's season after only 60 games, the fewest he had played in a regular season since playing 17 games after returning from his first retirement during the 1994–95 season.

Playing in his 14th and final NBA All-Star Game in 2003, Jordan passed Kareem Abdul-Jabbar as the all-time leading scorer in All-Star game history. That year, Jordan was the only Washington player to play in all 82 games, starting in 67 of them. He averaged 20.0 points, 6.1 rebounds, 3.8 assists, and 1.5 steals per game. He also shot 45% from the field, and 82% from the free throw line. Even though he turned 40 during the season, he scored 20 or more points 42 times, 30 or more points nine times, and 40 or more points three times. On February 21, 2003, Jordan became the first 40-year-old to tally 43 points in an NBA game. During his stint with the Wizards, all of Jordan's home games at the MCI Center were sold out, and the Wizards were the second most-watched team in the NBA, averaging 20,172 fans a game at home and 19,311 on the road. However, neither of Jordan's final two seasons resulted in a playoff appearance for the Wizards, and Jordan was often unsatisfied with the play of those around him. At several points he openly criticized his teammates to the media, citing their lack of focus and intensity, notably that of the number one draft pick in the 2001 NBA Draft, Kwame Brown.

With the recognition that 2002–03 would be Jordan's final season, tributes were paid to him throughout the NBA. In his final game at his old home court, the United Center in Chicago, Jordan received a four-minute standing ovation. The Miami Heat retired the number 23 jersey on April 11, 2003, even though Jordan had never played for the team. At the 2003 All-Star Game, Jordan was offered a starting spot from Tracy McGrady and Allen Iverson, but refused both; in the end, however, he accepted the spot of Vince Carter, who decided to give it up under great public pressure.

Jordan's final NBA game was on April 16, 2003 in Philadelphia. After scoring only 13 points in the game, Jordan went to the bench with 4 minutes and 13 seconds remaining in the third quarter and with his team trailing the Philadelphia 76ers, 75–56. Just after the start of the fourth quarter, the First Union Center crowd began chanting "We want Mike!". After much encouragement from coach Doug Collins, Jordan finally rose from the bench and re-entered the game for Larry Hughes with 2:35 remaining. At 1:45, Jordan was intentionally fouled by the 76ers' Eric Snow, and stepped to the line to make both free throws. After the second foul shot, the 76ers in-bounded the ball to rookie John Salmons, who in turn was intentionally fouled by Bobby Simmons one second later, stopping time so that Jordan could return to the bench. Jordan received a three-minute standing ovation from his teammates, his opponents, the officials and a crowd of 21,257 fans.

Olympic career

Jordan played on two Olympic gold medal-winning American basketball teams. As a college player he participated, and won the gold, in the 1984 Summer Olympics. Jordan led the team in scoring averaging 17.1 ppg for the tournament.

In the 1992 Summer Olympics he was a member of the star-studded squad that included Magic Johnson, Larry Bird, and David Robinson and was dubbed the "Dream Team". Playing limited minutes due to the frequent blowouts, Jordan averaged 12.7 ppg, finishing fourth on the team in scoring. Jordan, Patrick Ewing, and fellow Dream Team member Chris Mullin are the only American men's basketball players to win Olympic gold as amateurs (all in 1984) and professionals.

In addition, Jordan and fellow Dream Team member (and Bulls teammate) Scottie Pippen are the only players to have won both NBA championship and Olympic gold medal in the same year (1992).

After retiring as a player

After his third retirement, Jordan assumed that he would be able to return to his front office position of Director of Basketball Operations with the Wizards. However, his previous tenure in the Wizards' front office had produced the aforementioned mixed results and may have also influenced the trade of Richard "Rip" Hamilton for Jerry Stackhouse (although Jordan was not technically Director of Basketball Operations in 2002). On May 7, 2003, Wizards owner Abe Pollin fired Jordan as Washington's President of Basketball Operations. Jordan later stated that he felt betrayed, and that if he knew he would be fired upon retiring he never would have come back to play for the Wizards.

Jordan kept busy over the next few years by staying in shape, playing golf in celebrity charity tournaments, spending time with his family in Chicago, promoting his Jordan Brand clothing line, and riding motorcycles. Since 2004, Jordan has owned Michael Jordan Motorsports, a professional closed-course motorcycle road racing team that competes with two Suzukis in the premier Superbike class sanctioned by the American Motorcyclist Association (AMA). Jordan and his then-wife Juanita pledged $5 million to Chicago's Hales Franciscan High School in 2006, and the Jordan Brand has made donations to Habitat for Humanity and a Louisiana branch of the Boys & Girls Clubs of America. On June 15, 2006, Jordan bought a minority stake in the Charlotte Bobcats, becoming the team's second-largest shareholder behind majority owner Robert L. Johnson. As part of the deal, Jordan was named "Managing Member of Basketball Operations," with full control over the basketball side of the operation. Despite Jordan's previous success as an endorser, he has made an effort not to be included in Charlotte's marketing campaigns.

In February 2010, it was reported that Jordan was seeking majority ownership of the Bobcats. As February wore on, it emerged that the leading contenders for the team were Jordan and former Houston Rockets president George Postolos. On February 27, the Bobcats announced that Johnson had reached an agreement with Jordan and his group, MJ Basketball Holdings, to buy the team pending NBA approval. On March 17, the NBA Board of Governors unanimously approved Jordan's purchase, making him the first former NBA player ever to become the majority owner of a league franchise.

Player profile

Jordan was a shooting guard who was also capable of playing small forward (the position he would primarily play during his second return to professional basketball with the Washington Wizards). Jordan was known throughout his career for being a strong clutch performer. He decided numerous games with last-second plays (e.g., The Shot) and performed at a high level even under adverse circumstances (e.g., Flu Game). His competitiveness was visible in his prolific trash-talk and well-known work ethic.

Jordan had a versatile offensive game. He was capable of aggressively driving to the basket, as well as drawing fouls from his opponents at a high rate; his 8,772 free throw attempts are the ninth highest total of all time. As his career progressed, Jordan also developed the ability to post up his opponents and score with his trademark fadeaway jump shot, using his leaping ability to "fade away" from block attempts. According to Hubie Brown, this move alone made him nearly unstoppable. Despite media criticism as a "selfish" player early in his career, Jordan's 5.3 assists per game also indicate his willingness to defer to his teammates. In later years, the NBA shortened its three-point line to 22 feet (from 23 feet, 9 inches), which coupled with Jordan's extended shooting range to make him a long-range threat as well—his 3-point stroke developed from a low 9 / 52 rate (.173) in his rookie year into a stellar 111 / 260 (.427) shooter in the 1995–96 season. For a guard, Jordan was also a good rebounder (6.2 per game).

In 1988, Jordan was honored with the NBA's Defensive Player of the Year Award and became the first NBA player to win both the Defensive Player of the Year and MVP awards in a career (since equaled by Hakeem Olajuwon, David Robinson, and Kevin Garnett; Olajuwon is the only player other than Jordan to win both during the same season). In addition he set both seasonal and career records for blocked shots by a guard, and combined this with his ball-thieving ability to become a standout defensive player. His 2,514 steals are the second highest total of all-time behind John Stockton, while his steals per game average is third all-time. Jerry West often stated that he was more impressed with Jordan's defensive contributions than his offensive ones.

Legacy

Jordan's basketball talent was clear from his rookie season. In his first game in Madison Square Garden against the New York Knicks, Jordan received a prolonged standing ovation, a rarity for an opposing player. After Jordan scored a playoff record 63 points against the Boston Celtics in 1986, Celtics star Larry Bird described him as "God disguised as Michael Jordan."

Jordan led the NBA in scoring in 10 seasons (NBA record) and tied Wilt Chamberlain's record of seven consecutive scoring titles. He was also a fixture on the NBA All-Defensive First Team, making the roster nine times (NBA record shared with Gary Payton). Jordan also holds the top career regular season and playoff scoring averages of 30.1 and 33.4 points per game, respectively. By 1998, the season of his Finals-winning shot against the Jazz, he was well known throughout the league as a clutch performer. In the regular season, Jordan was the Bulls' primary threat in the final seconds of a close game and in the playoffs, Jordan would always demand the ball at crunch time. Jordan's total of 5,987 points in the playoffs is the highest in NBA history. He retired with 32,292 points in regular season play, placing him third on the NBA's all-time scoring list behind Kareem Abdul-Jabbar and Karl Malone.

With five regular-season MVPs (tied for second place with Bill Russell; only Kareem Abdul-Jabbar has won more, six), six Finals MVPs (NBA record), and three All-Star MVPs, Jordan is the most decorated player ever to play in the NBA. Jordan finished among the top three in regular-season MVP voting a record 10 times, and was named one of the 50 Greatest Players in NBA History in 1996.

Many of Jordan's contemporaries label Jordan as the greatest basketball player of all time. An ESPN survey of journalists, athletes and other sports figures ranked Jordan the greatest North American athlete of the 20th century, above icons such as Babe Ruth and Muhammad Ali. Jordan placed second to Babe Ruth in the Associated Press's list of 20th century athletes. In addition, the Associated Press voted him as the basketball player of the 20th century. Jordan has also appeared on the front cover of ''Sports Illustrated'' a record 49 times. In the September 1996 issue of ''Sport'', which was the publication's 50th anniversary issue, Jordan was named the greatest athlete of the past 50 years.

Jordan's athletic leaping ability, highlighted in his back-to-back slam dunk contest championships in 1987 and 1988, is credited by many with having influenced a generation of young players. Several current NBA All-Stars have stated that they considered Jordan their role model while growing up, including LeBron James and Dwyane Wade. In addition, commentators have dubbed a number of next-generation players "the next Michael Jordan" upon their entry to the NBA, including Anfernee "Penny" Hardaway, Grant Hill, Allen Iverson, Kobe Bryant, LeBron James, Vince Carter, and Dwyane Wade. Although Jordan was a well-rounded player, his "Air Jordan" image is also often credited with inadvertently decreasing the jump shooting skills, defense, and fundamentals of young players, a fact which Jordan himself has lamented. Although Jordan has done much to increase the status of the game, some of his impact on the game's popularity in America appears to be fleeting. Television ratings in particular increased only during his time in the league and have subsequently lowered each time he left the game.

In August 2009, the Basketball Hall of Fame in Springfield, Massachusetts, opened a Michael Jordan exhibit containing items from his college and NBA careers, as well as from the 1992 "Dream Team". The exhibit also has a batting glove to signify Jordan's short career in baseball. He was inducted into the Hall of Fame in September 2009, with former Bulls teammates Scottie Pippen, Dennis Rodman, Charles Oakley, Ron Harper, Steve Kerr, and Toni Kukoc in attendance.

Personal life

Jordan is the fourth of five children. He has two older brothers, Larry Jordan and James R. Jordan, Jr., one older sister, Deloris, and a younger sister, Roslyn. Jordan's brother James retired in 2006 as the Command Sergeant Major of the 35th Signal Brigade of the XVIII Airborne Corps in the U.S. Army.

He married Juanita Vanoy in September 1989, and they have two sons, Jeffrey Michael and Marcus James, and a daughter, Jasmine. Jordan and Vanoy filed for divorce on January 4, 2002, citing irreconcilable differences, but reconciled shortly thereafter. They again filed for divorce and were granted a final decree of dissolution of marriage on December 29, 2006, commenting that the decision was made "mutually and amicably". It is reported that Juanita received a $168 million settlement, making it the largest celebrity divorce settlement in history at the time on public record.

On July 21, 2006, a Cook County, Illinois judge determined that Jordan did not owe his alleged former lover Karla Knafel $5 million. Jordan had allegedly paid Knafel $250,000 to keep their relationship a secret. Knafel claimed Jordan promised her $5 million for remaining silent and agreeing not to file a paternity suit after Knafel learned she was pregnant in 1991. A DNA test showed Jordan was not the father of the child.

As of 2007, Jordan lived in Highland Park, Illinois, and both of his sons attended Loyola Academy, a private Roman Catholic high school located in Wilmette, Illinois. Jeffrey graduated as a member of the 2007 graduating class and played his first collegiate basketball game on November 11, 2007, for the University of Illinois. After two seasons, Jeffrey left the Illinois basketball team in 2009. He later rejoined the team for a third season, then received a release to transfer to the University of Central Florida, where Marcus was attending. Marcus transferred to Whitney Young High School after his sophomore year and graduated in 2009. He began attending UCF in the fall of 2009.

Media figure and business interests

Jordan is one of the most marketed sports figures in history. He has been a major spokesman for such brands as Nike, Coca-Cola, Chevrolet, Gatorade, McDonald's, Ball Park Franks, Rayovac, Wheaties, Hanes, and MCI. Jordan has had a long relationship with Gatorade, appearing in over 20 commercials for the company since 1991, including the "Like Mike" commercials in which a song was sung by children wishing to be like Jordan.

Nike created a signature shoe for him, called the ''Air Jordan''. One of Jordan's more popular commercials for the shoe involved Spike Lee playing the part of Mars Blackmon. In the commercials Lee, as Blackmon, attempted to find the source of Jordan's abilities and became convinced that "it's gotta be the shoes". The hype and demand for the shoes even brought on a spate of "shoe-jackings" where people were robbed of their sneakers at gunpoint. Subsequently Nike spun off the Jordan line into its own division named the "Jordan Brand". The company features an impressive list of athletes and celebrities as endorsers. The brand has also sponsored college sports programs such as those of North Carolina, Cincinnati, Cal, St. John's, Georgetown, and North Carolina A&T;.

Jordan also has been associated with the Looney Tunes cartoon characters. A Nike commercial shown during the 1993 Super Bowl XXVII featured Jordan and Bugs Bunny playing basketball against a group of Martian characters. The Super Bowl commercial inspired the 1996 live action/animated movie ''Space Jam'', which starred Jordan and Bugs in a fictional story set during his first retirement. They have subsequently appeared together in several commercials for MCI.

Jordan's yearly income from the endorsements is estimated to be over forty million dollars. In addition, when Jordan's power at the ticket gates was at its highest point the Bulls regularly sold out every game they played in, whether home or away. Due to this, Jordan set records in player salary by signing annual contracts worth in excess of $30 million US$ per season. An academic study found that Jordan’s first NBA comeback resulted in an increase in the market capitalization of his client firms of more than $1 billion.

Most of Jordan's endorsement deals, including the first deal with Nike, were engineered by his agent, David Falk. Jordan has said of Falk that "he's the best at what he does", and that "marketing-wise, he's great. He's the one who came up with the concept of 'Air Jordan.'"

In June 2010, Jordan was ranked by Forbes Magazine as the 20th most powerful celebrity in the world with $55 million earned between June 2009 and June 2010. According to the Forbes article, Brand Jordan generates $1 billion in sales for Nike.

Honors and awards

Jordan won numerous awards and set many records during his career. The following are some of his achievements:

Naismith Memorial Basketball Hall of Fame Class of 2009

2 Olympic Gold Medals – 1984, 1992

6-time NBA Champion

6-time NBA Finals MVP

5-time NBA MVP

10 NBA Scoring Titles

3-time steals leader

3-time minutes leader

14 NBA All-Star Selections

3-time NBA All-Star Game MVP

11 All-NBA Selections

9 All-Defensive First Team Selections

2-time NBA Slam Dunk Contest Champion – 1987, 1988

NBA Rookie of the Year – NBA Defensive Player of the Year –

NCAA National Championship – University of North Carolina at Chapel Hill: 1981–82

ACC Freshman of the Year – 1981–82

2-time Consensus NCAA All-American First Team – 1982–83, 1983–84

ACC Men's Basketball Player of the Year – 1983–84

USBWA College Player of the Year – 1983–84

Naismith College Player of the Year – 1983–84

John R. Wooden Award – 1983–84

Adolph Rupp Trophy – 1983–84

''Sports Illustrated'' Sportsman of the Year – 1991

Named one of the 50 Greatest Players in NBA History in 1996

Ranked No.1 by SLAM Magazine's Top 50 Players of All-Time

Ranked No.1 by ESPN Sportscentury's Top 100 Athletes of the 20th century

Elected to North Carolina Sports Hall of Fame

See also

Michael Jordan Steakhouse

Michael Jordan's Restaurant

''Michael Jordan: Chaos in the Windy City''

''Michael Jordan in Flight''

''NBA 2K11''

References

Further reading

External links

Michael Jordan biography at NBA Encyclopedia

Michael Jordan player profile at NBA.com

Michael Jordan Motorsports

Category:1963 births Category:ACC Athlete of the Year Category:African American basketball players Category:African American sports executives Category:Naismith Memorial Basketball Hall of Fame inductees Category:Basketball players at the 1983 Pan American Games Category:Basketball players at the 1984 Summer Olympics Category:Basketball players at the 1992 Summer Olympics Category:Basketball players from North Carolina Category:Birmingham Barons players Category:Charlotte Bobcats executives Category:Charlotte Bobcats owners Category:Chicago Bulls draft picks Category:Chicago Bulls players Category:Living people Category:McDonald's High School All-Americans Category:Minor league baseball players Category:National Basketball Association executives Category:National Basketball Association owners Category:NBA Defensive Player of the Year Award winners Category:NBA Finals MVP Award winners Category:NBA Slam Dunk Contest champions Category:North Carolina Tar Heels men's basketball players Category:National Basketball Association players with retired numbers Category:Olympic basketball players of the United States Category:Olympic gold medalists for the United States Category:Parade High School All-Americans (boys' basketball) Category:Sportspeople from Brooklyn Category:Sportspeople from Chicago, Illinois Category:People from Highland Park, Illinois Category:People from Wilmington, North Carolina Category:Shooting guards Category:Basketball players from New York Category:Sportspeople of multiple sports Category:United States men's national basketball team members Category:Washington Wizards executives Category:Washington Wizards players Category:Olympic medalists in basketball

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Coordinates	°′″N°′″N
name	Carol Bartz
birth date	August 29, 1948
birth place	Winona, Minnesota
occupation	CEO, Yahoo! Inc.
alma mater	University of Wisconsin–Madison
nationality	United States }}

Carol Ann Bartz (born August 29, 1948) is the President and CEO of the Internet services company, Yahoo!. She was previously chairwoman, President, and CEO at Autodesk, the world's largest producer of design software for use in architecture, engineering and building construction.

Early life and education

Bartz was born in Winona, Minnesota. Her mother, Shirley Bartz, died when Carol was eight years old. A few years later, she and her younger brother Jim moved from Minnesota to the home of their grandmother, Alice Schwartz, on a dairy farm near Alma, Wisconsin. In high school, Bartz did well in mathematics, and was also homecoming queen. She began college at William Woods University in Fulton, Missouri, and subsequently transferred to the University of Wisconsin–Madison where she received a bachelor's degree in computer science in 1971. While in college, she supported herself as a cocktail waitress.

Bartz was also awarded an Honorary ''Doctorate of Humane Letters'' degree (2002) from New Jersey Institute of Technology, an Honorary ''Doctor of Science'' degree from Worcester Polytechnic Institute and an honorary ''Doctor of Letters'' degree from William Woods University.

Career

In 1976, Bartz went to work at the manufacturing conglomerate 3M, but left after her request to transfer to the headquarters was denied; she was told that "women don't do these jobs". Bartz moved on to the computer industry, including jobs at Digital Equipment Corporation and Sun Microsystems.

CEO of Autodesk

She became CEO of Autodesk in 1992. According to ''Forbes'', Bartz "transformed Autodesk from an aimless maker of PC software into a leader of computer-aided design software, targeting architects and builders." She is credited with instituting and promoting Autodesk's "3F" or "fail fast-forward" concept — the idea of moulding a company to risk failure in some missions, but to be resilient and move on quickly when failure occurs. She stepped down as CEO in 2006 and became the executive chairwoman of the board. Autodesk net revenue substantially increased during her tenure.

Bartz served on several boards of directors, including those of Intel, Cisco Systems, Autodesk, BEA Systems, Network Appliance, and the Foundation for the National Medals of Science. Additionally, she has been a member of the United States President's Council of Advisors on Science and Technology.

CEO of Yahoo!

On January 13, 2009, Bartz was named CEO of Yahoo!, the internet services company which operates the third most-visited Web site in the world, succeeding co-founder Jerry Yang. During a conference call with financial analysts later in January 2009, she announced her intention to make sure Yahoo! got "some friggin' breathing room" so the company could "kick some butt." Rob Hof of ''Business Week'' was skeptical that Bartz or anyone else could save the company: "... it's not yet clear if Bartz can turn Yahoo around no matter how good she may be."

In May 2009, ''Reuters'' reported that she had already "worked through an impressive checklist" at her new company, "upending the organizational structure, replacing executives and cutting costs, including 675 jobs, or 5 percent of the workforce." Analysts described her efforts as precisely what the company required, but, as reporter Alexei Oreskovic observed:

For Yahoo's (YHOO.O) ranks, still shell-shocked from deep cuts in 2008 — including 1,600 axed jobs — the hope that Bartz brings is increasingly mixed with a dose of fear and uncertainty. Yet broad support remains for Bartz despite the tough talk, canceled holiday parties and forced vacations that have come to define her era.

With a new round of job layoffs and the removal of a number of Yahoo! sites, "anxiety within the ranks has been exacerbated by what some say is a growing sense of secrecy", for which Bartz has a notable reputation: "The informal flow of information once common within the company has come to a halt." Bartz was also quoted to have said that she would "drop-kick to fucking Mars" employees who leak to the press. Oreskovic quoted a fearful anonymous insider: "We are all sort of wanting to believe in her because we really want to see Yahoo! turned around, but it still doesn't make it any less scary when you don't hear about what's coming up. Everything is on a need-to-know basis."

At her one year mark at Yahoo in January 2010, Bartz gave herself a "B-" grade for the job done in 2009: "It was a little tougher internally than I think I had anticipated. I did move fast, but this is a big job." Others in the media, however, rated her job higher given the challenges she had to manage.

When Carol was hired by Yahoo in early 2009 she was paid an annual base salary of $1 million. She was eligible for an annual 400% bonus and received 5,000,000 shares in addition to an equity grant of $18 million of stock (to compensate for the forfeiture of the value of equity grants and post-employment medical coverage from her previous employer). In 2010 Bartz was named “most overpaid” CEO by proxy voting firm Glass-Lewis when she received $47.2 million in compensation.

Personal life

Bartz is a survivor of a 1992 bout with breast cancer. She is married to Bill Marr, a former executive at Data General and Sun Microsystems. They have three children: Bill, Meredith, and Layne. Her hobbies include golf, tennis, and gardening.

On balancing a career with family, Bartz says: "I have a belief that life isn't about balance, because balance is perfection ... Rather, it's about catching the ball before it hits the floor."

Controversy

In May 2010, Bartz was involved in a verbal confrontation with internet tech blogger Michael Arrington. Arrington started the interview by asking Bartz, "So how the f*** are you?". To which she responded, "Is that appropriate?". Later in the interview, Bartz became perturbed with Arrington's criticism of the Yahoo! business model of conglomeration rather than single revenue source producers. Bartz then responded to Arrington saying, "you are involved in a very tiny company" and ended the exchange by telling him to "fuck off." Carol received some support from bloggers for her response, including Guy Kawasaki who stated, "I respect Carol Bartz even more now."

Notes

Category:1948 births Category:Living people Category:People from Winona, Minnesota Category:University of Wisconsin–Madison alumni Category:Yahoo! employees Category:American chief executives Category:American women in business Category:Breast cancer survivors Category:People from Buffalo County, Wisconsin Category:American computer businesspeople Category:William Woods University alumni

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