Posted in home

Microsoft’s CEO is tired of working from home and he’s not alone

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He’s tired of all those Microsoft Teams meetings.

Satya Nadella is asleep on the job.

No, I wouldn’t dream of criticizing Microsoft’s CEO. I did, however, see his words, uttered on Tuesday at the Wall Street Journal CEO Council: “Somebody once described this. When people say you’re working from home, it feels sometimes like you’re sleeping at work.”

It does? I’ve done it for quite a while and find it mostly enlivening.

Is Nadella finding it hard to keep his eyes open? This isn’t good for the CEO of a major organization, one that often delights the government.

He explained: “Thirty minutes into your first video meeting in the morning, because of the concentration one needs to have on video, you’re fatigued.”

Is this because too many meetings are dull? Is it because it’s harder to hide that you’re texting a friend about last night? Is it because you

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Posted in home

Buoy Health CEO founding story and staying afloat in the pandemic

  • Dr. Andrew Le lost his home in a fire shortly before he pitched his company, Buoy Health, to investors.
  • “I literally didn’t have a place to live,” Lee said. At the time, he was couch-surfing. 
  • Now, his health information company helps more than 9 million people, and he figured out how to get health insurers and employers to pay for it.
  • Early in the coronavirus pandemic, Buoy emerged early with a new tool that helped people understand their symptoms and risks. 
  • Business Insider named Le one of its “30 under 40” leaders transforming healthcare. 

Dr. Andrew Le had little else besides the clothes on his back when he pitched his company idea to investors in 2014. 

At the time, he was couch surfing after his apartment burned down in a fire. Even before that, though, he and his three cofounders had been living off the little savings they had. 

“My

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Posted in home

Former tech CEO gets home confinement for bribing son’s way into Georgetown University

A former technology executive was sentenced Monday to one year of home confinement for paying $300,000 to bribe his son’s way into Georgetown University as a tennis recruit, even though the son did not play tennis.

Peter Dameris, of Pacific Palisades, California, appeared before a Boston federal court judge via video because of the coronavirus pandemic. He pleaded guilty in June to one count of conspiracy to commit mail fraud and honest services mail fraud. His sentence also included a $95,000 fine and three years of supervised release.

Prosecutors had recommended a sentence of 21 months of home confinement along with a fine of $95,000. Dameris’ lawyers asked for probation only, saying he deserved leniency to help care for a son who has leukemia.

U.S. District Judge Richard Stearns said he took the medical considerations into account in the sentence, along with an “outpouring” of support from friends and family

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Posted in home

Google CEO Sundar Pichai Calls For A ‘Hybrid’ Work-From-Home Model

In an interview with Alphabet CEO Sundar Pichai at the TIME100 Honorees: Visions for the Future event, the chief executive said that the search engine giant will be more “flexible” with its workers and offer a “hybrid” model that will include a blend of both remote and in-office methods of working. Pichai, who was recognized by TIME as one of the world’s most influential people, acknowledged that his employees have distinct needs, as it relates to their work style and preferences. 

In an attempt to offer a worker-friendly environment, Pichai said, “We firmly believe that in-person, being together, having a sense of community is super important when you have to solve hard problems and create something new so we don’t see that changing. But we do think we need to create more flexibility and more hybrid models.” He feels that this approach

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Posted in home improvement loans

KB Home (KBH) CEO Jeff Mezger on Q3 2020 Results – Earnings Call Transcript

KB Home (NYSE:KBH) Q3 2020 Earnings Conference Call September 22, 2020 5:00 PM ET

Company Participants

Jill Peters – SVP, IR

Jeff Mezger – Chairman, President and CEO

Matt Mandino – EVP and COO

Jeff Kaminski – EVP and CFO

Bill Hollinger – SVP and Chief Accounting Officer

Thad Johnson – SVP and Treasurer

Conference Call Participants

Matt Bouley – Barclays

Stephen Kim – Evercore ISI

Alan Ratner – Zelman & Associates

Truman Patterson – Wells Fargo

John Lovallo – Bank of America

Buck Horne – Raymond James

Mike Dahl – RBC Capital Markets

Michael Rehaut – JPMorgan

Jay McCanless – Wedbush

Good afternoon. My name is Devon, and I will be your conference operator today. I would like to welcome everyone to the KB Home 2020 Third Quarter Earnings Conference Call.

At this time, all participants are in a listen-only mode. Following the company’s opening remarks, we will open

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Posted in home

UBS CEO Says It’s Hard to Sustain Culture Working at Home

(Bloomberg) — UBS Group AG Chief Executive Officer Sergio Ermotti added his voice to a chorus of finance executives concerned about having so many employees working remotely.

It’s especially difficult for banks to create and sustain cohesiveness and a culture when employees stay at home, he said at a Bank of America conference on Tuesday. A rate of 85% of people working remotely is “not sustainable” for banks and a normal level for UBS should be about 20% to 30% at any time.



Sergio Ermotti wearing a suit and tie: Day Three Of The World Economic Forum (WEF) 2020


© Bloomberg
Day Three Of The World Economic Forum (WEF) 2020

Sergio Ermotti

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Photographer: Simon Dawson/Bloomberg

JPMorgan Chase & Co. CEO Jamie Dimon said last week that he sees prolonged remote work inflicting serious social and economic damage, while BlackRock Inc. Chief Executive Officer Larry Fink said he worries that working remotely results in a lack of productivity and collaboration.

While some big Wall Street

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Posted in remodeling

22-Year-Old CEO on Remodeling Homes and Building a Legacy

NEW YORK, NY / ACCESSWIRE / September 19, 2020 / Success is a product of years of discipline. Since his teenage years, stock trader Matthew Bonnafoux has dived into several business ventures. He learned through his experiences, faced many obstacles, and had to overcome failure. Today, Matthew is the CEO of Elite Luxury Design, one of the leading companies in the home renovation scene in New Mexico.

Matthew grew up with a goal to succeed as a stock trader and entrepreneur. Now at 22, he is managing his own luxury home remodeling company. After three months into the business, the company has earned over $150,000 under Matthew’s leadership and his team’s unparalleled performance. Elite Luxury Design is currently valued at $2.4 million, and it continues to expand its influence nationwide.

Elite Luxury Design is known for its incredible quality of work. “We follow core and valuable morals and ethics such

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Posted in remodeling

22-Year-Old CEO on Remodeling Homes and Building a Legacy – Press Release

NEW YORK, NY / ACCESSWIRE / September 19, 2020 / Success is a product of years of discipline. Since his teenage years, stock trader Matthew Bonnafoux has dived into several business ventures. He learned through his experiences, faced many obstacles, and had to overcome failure. Today, Matthew is the CEO of Elite Luxury Design, one of the leading companies in the home renovation scene in New Mexico.

Matthew grew up with a goal to succeed as a stock trader and entrepreneur. Now at 22, he is managing his own luxury home remodeling company. After three months into the business, the company has earned over $150,000 under Matthew’s leadership and his team’s unparalleled performance. Elite Luxury Design is currently valued at $2.4 million, and it continues to expand its influence nationwide.

Elite Luxury Design is known for its incredible quality of work. “We follow core and valuable morals and ethics such

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Posted in home

What Did NRW Holdings’ (ASX:NWH) CEO Take Home Last Year?

Jules Pemberton became the CEO of NRW Holdings Limited (ASX:NWH) in 2010, and we think it’s a good time to look at the executive’s compensation against the backdrop of overall company performance. This analysis will also evaluate the appropriateness of CEO compensation when taking into account the earnings and shareholder returns of the company.

View our latest analysis for NRW Holdings

How Does Total Compensation For Jules Pemberton Compare With Other Companies In The Industry?

Our data indicates that NRW Holdings Limited has a market capitalization of AU$934m, and total annual CEO compensation was reported as AU$3.0m for the year to June 2020. That’s a notable increase of 31% on last year. We think total compensation is more important but our data shows that the CEO salary is lower, at AU$1.2m.

On comparing similar companies from the same industry with market caps ranging from AU$545m to AU$2.2b, we found that

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Posted in home improvement storest

Lowe’s underwent an online makeover just in time for the surge in home improvement spending by customers, CEO says



a car parked in front of a building: Lowe's CEO Marvin Ellison has long championed revamping the company's e-commerce capabilities. Bruce Bennett/Getty Images


© Bruce Bennett/Getty Images
Lowe’s CEO Marvin Ellison has long championed revamping the company’s e-commerce capabilities. Bruce Bennett/Getty Images

  • According to Lowe’s CEO Marvin Ellison, the company has invested extensively in e-commerce since he took the helm in 2018.
  • That e-commerce overhaul — which saw the company prioritize its new store app and a shift to the cloud — couldn’t have happened at a better time.
  • The coronavirus pandemic has seen consumers rely heavily on online shopping, as many look to complete projects around their homes.
  • Ellison and Lowe’s CFO David Denton spoke Wednesday at the annual Goldman Sachs Global Retailing Virtual Conference.
  • Visit Business Insider’s homepage for more stories.

Lowe’s’ long-awaited e-commerce revamp came at just the right time for the company to reap the rewards of the surge in home improvement spending during the coronavirus pandemic, according to CEO Marvin Ellison.

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