"When Ed Whitacre decides, it's not negotiable. If he decides against you, you're done."
--Coca-Cola (KO) exec Wendy Clark, about General Motors' (GM) new CEO, whom she worked for when he headed AT&T (ATT). Today, the GM board ousted CEO Fritz Henderson, who was in the post just eight months, and installed Whitacre, GM's chairman, as the new chief executive.
No doubt, Whitacre had a key role in the power shift.
And hearing MOREPatricia Sellers - Dec 1, 2009 6:11 PM ET
I was not in Germany for the fall of the Berlin Wall 20 years ago today. But I got a front seat to business history-in-the-making three months later, when I went to East Germany to report a story about Coca-Cola's (KO) aggressive ramp-up in Europe following the Communist collapse.
It seems like yesterday.
Talk about a capitalist invasion. I remember how euphoric--genuinely euphoric--East German consumers and shop-owners were to suddenly have access MOREPatricia Sellers - Nov 9, 2009 2:22 PM ET
by Patricia Sellers
Greetings from Atlanta. I'm here for Fortune's "Most Powerful Women Evening With..." Atlanta is tonight's stop in a series of regional dinners that we're hosting annually in addition to the main event, the Most Powerful Women Summit. I'll be interviewing Food Network star Paula Deen, the silver-haired, Southern-cookin' entrepreneur and star of the Food Network. Also with us: the top women execs at companies like Coca-Cola (KO), Home Depot (HD), Delta Airlines, (DAL), UPS (UPS), and MOREPatricia Sellers - Nov 2, 2009 3:55 PM ET
"Is it authentic? Money is not the issue...I don't want to do it if it doesn't feel authentic."
-- NBA star LeBron James in a 2007 Fortune cover story. Last night, James became the fastest player in NBA history to score 12,000 career points--at the ripe age of 24 years and 35 days. He eclipsed Los Angeles Lakers star Kobe Bryant, who held the record at 25 years and 220 days. MOREJessica Shambora, Writer-Reporter - Feb 4, 2009 6:53 PM ET
I took a 7 a.m. Acela from New York to Washington, D.C. this morning to meet with D.C. Public Schools Chancellor Michelle Rhee and then attend the Fortune 500 Forum, beginning this afternoon. My train was on time to the minute; Rhee's red-eye from the West Coast was delayed by D.C. fog, so she and I are now due to meet Wednesday. I'll share my thoughts later this week about Rhee, who MOREPatricia Sellers - Dec 1, 2008 2:05 PM ET
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