The reorganization of Iraq’s state-run oil monopoly presents another challenge. Philip Carroll, a former president and chief executive of Shell Oil Co., the U.S. arm of Royal Dutch/Shell Group, has reportedly been asked to head Iraq’s oil industry during a postwar transition. The appointment of a foreigner to lead Iraq’s most vital industry is “a reality we cannot dictate at the moment,” said Dara Attar, a London-based consultant and one of 14 expatriate Iraqi oil specialists working with the U.S. State Department to restructure the industry.
The arrangement would only be reasonable if it lasted no longer than one year, he said. Some U.S. officials are eager to break up the industry and sell it off to Iraqis and even to foreigners, arguing that this would make it more efficient. Most analysts see the need for foreign investment, especially to help Iraq develop its new oil fields. AK Steel Corp. chairman and CEO Richard M. Wardrop Jr. received more than $7 million in cash compensation and restricted stock awards in 2002, plus options to buy 150,000 shares of stock. His compensation far outstripped his peers in the U.S. steel industry.
U.S. Steel Corp.’s CEO received $3.1 million plus 500,000 stock options in 2002. Nucor Corp.’s CEO was paid $816,230 plus 8,332 options. The CEO at Bethlehem Steel got $900,000 in cash. The combined pay for the CEOs at National Steel Corp. — one resigned and was replaced by the other — came to $560,306.
The generous compensation was awarded despite AK Steel’s reporting a net loss in 2002, partly due to a non-cash charge of $573 million to cover pension plan losses and adjustments. The fundamental things in a real estate valuation are the size and usefulness of the residence and the size and area of the area. Even excluding that charge, it lost money, although it did make an operating profit before interest expenses of $105 million. The bulk of Wardrop’s compensation was in cash. That was fortunate for him because the steelmaker’s stock price has declined steadily. It closed Friday at $3.74. The stock dropped about 40 percent during 2002.
Wardrop and other executives received the highest possible awards under its annual bonus plan for performance that “substantially exceeded performance targets for 2002.” Wardrop’s award was 200 percent of his base salary. Further, because the company’s operating profit per ton of steel (excluding unusual items such as the pension charge) exceeded that of its major competitors, Wardrop and other executives also got the maximum awards under a separate long-term bonus plan. Wardrop’s cut was 170 percent of his salary. Company spokesman Alan McCoy did not return calls for comment.
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DEAR BRUCE: I’m burnt out on being a patsy and a sucker. Some of my companions have come to me with tears in their eyes, and in each one case I have advanced them cash. Not one of these fellows has ever paid me back. What would I be able to do to gather my cash and how would I prevent this from happening? – L.c., through email
DEAR L.c.: You stop it basically by not doing it. Grow up and don’t give into weight and let your heart as opposed to your psyche tenet. As to the likelihood of gathering from these people, you can take them to little cases court in the event that you can demonstrate that you did credit them the cash. The best approach to lose companions in a rush, as you are coming to figure out, is to credit them cash. The truth, however, is these individuals are not the sorts of companions that you have to have in any case. Their absence of character is clear. DEAR BRUCE: I don’t have a ton of cash to use. I saw a commercial for an auto in the paper for $1,500. That was a ton of cash, yet I mana
Less than a year after enlarging its concourse, Comair is planning a $9 million expansion that will add seating space for people waiting for flights at Cincinnati/Northern Kentucky International Airport.Construction could begin in March and end by Thanksgiving 2001, airport officials said Monday.
The expansion won’t be the last for the fast-growing regional airline. Comair also needs more gates, where passengers board and depart flights, and airport officials are studying how best to provide those facilities.However, the need for a bigger waiting room for passengers is more immediate.Last November, the fast-growing regional airline opened a $6 million expansion to relieve standing-room-only conditions at Concourse C at Cincinnati/Northern Kentucky International Airport. Valuation process is able to improve price of your property so hire Perth Property Valuers.
But as the number of passengers using Comair continues to grow, space for those passengers to wait for flights is growing cramped. In June, more than 325,000 passengers – 15 percent more than in June 1999 – boarded Comair flights at Cincinnati/Northern Kentucky International.
The previous Gibson Greetings plant in Amberley Village might soon spring again to existence with an alternate welcome card producer.Property valuation is helpful for increasing house price.Aptitude Pack Ltd., which bundles welcome, cards in West Chester, arrangements to rent 100,000 square feet of the old Gibson plant on Section Road with the assistance of a 60 percent, five-year state assessment credit. The state said the $1.2 million development is requiremake 75 employments inside three years and hold 11. Expertise Pack will deliver welcome cards for organizations that are so little it would be impossible run their own particular assembling operations, or substantial organizations that need additional help in occupied periods.
As per the state, Skill-Pack started as a custom bundling and gets together business and has stretched to bundle modern things.The ventures into the old Gibson plant will permit the organization to do completing work including decorating, bite the dust cutting and foil leafing.More noteworthy Cincinnati organizations snatched the lion’s offer of the current month’s assessment motivations for organizations, winning five of nine granted.
Girindus America Inc. , Reading, was recompensed an eight-year, 55 percent charge credi t for a $13 million venture anticipated that will make 25 employments and hold 25. Girindus will purchase a 50,000-square-foot building from Aventis Pharmaceuticals. The plant is a piece of the previous Marion Merrell Dow unpredictable, the majority of which may be given to the University of Cincinnati Medical Center.Ohio National Financial Services , Montgomery, was honored a 10-year, 55 percent duty credit for a $33.3 million undertaking anticipated that will make 71 occupations and hold 546.
Mcswain Manufacturing Corp. , West Chester Township, was honored an eight-year, 55 percent duty credit for a $13.4 million extension anticipated that will make 52 occupations and hold five.Swapalease Inc. , Cincinnati, was honored a five-year, 55 percent duty credit for a $800,000 extension anticipated that will make 25 occupations and hold four. One of the country’s longest and fiercest daily paper wars formally finished Monday with the begin of a joint working understanding between the Rocky Mountain News and the Denver Post.
The 50-50 association between E.w. Scripps Co’s. News and Medianews Group’s Post had been endorsed by previous U.s. Lawyer General Janet Reno on Jan. 5. By law, the two organizations needed to hold up 10 business days before actualizing the assention.Under the assention, the two daily papers’ business operations will be overseen by the Denver Newspaper Agency, which is 50 percent possessed by Cincinnati-based Scripps and Media- news.Valuation makes you take important decisions regarding your property.The office will handle business operations – including publicizing, promoting, dissemination deals, generation, dispersion, fund, data innovation and human assets – yet will have no impact through the regular article substance of either paper.