Tag Archives: CEO

Greyhound Issues Open Letter to Alec Baldwin

DALLAS, Dec. 8, 2011 /PRNewswire/ — Greyhound today issued an open letter to Alec Baldwin in response to comments made by the actor on Dec. 7 regarding Greyhound. Following is the response from Greyhound President and CEO Dave Leach:

Dear Mr. Baldwin,

As president and CEO of Greyhound, I was disheartened to hear about the comments you made regarding our company. Now I’m the first to admit that Greyhound has had some challenges with brand perception, so I understand that you probably were basing your comments on that alone. But we’ve made so many changes in recent years to significantly improve the travel experience. My guess is you’ve never traveled with us, but I ask you to give us a try for a number of reasons and see for yourself that we’re really a great way to travel.

First of all, we have hundreds of new buses in our fleet where we’ve added more legroom, leather seats, power outlets and free Wi-Fi. I think you especially would find the latter two amenities exciting, because we don’t require our customers to turn off their electronic devices…ever. You could therefore play Words With Friends® during your entire trip and nobody would give you any grief over it. As a matter of fact, we have a Facebook page (www.facebook.com/GreyhoundBus), so if you wanted to start a Words With Friends game with us, just Like us and we’d be more than happy to take on the challenge.

As the industry leader, Greyhound is committed to providing a new class of service to our customers. After all, we carry more than 17 million customers every year. We’ve been training all of our employees to provide stellar customer service, we’re moving into brand new, modern facilities and fixing up the ones we currently reside in, and we’re putting more focus on getting customers to their destinations much faster. I think you’d like our premium Greyhound Express service, which provides customers a guaranteed seat on our new buses, with direct trips between major city pairs in the Northeast, Midwest and Southeast. I invite you to meet with me in New York and we’ll take a trip to Boston so you can see first-hand what a great ride Greyhound can be.

Should you still decide not to try us, even after I’ve shared with you all of the exciting changes we’ve made here at Greyhound, all I ask from you is a simple apology. We are not the same company we used to be. We are better, providing a safe, affordable and modern travel alternative to other forms of transportation. Greyhound is an American icon, a proud company that many people depend on to get them to their destinations, the same people who watch your films and TV show. Mr. Baldwin, please reconsider your position and come see how great a company Greyhound has become.

Apple CEO Steve Jobs Resigns

The man that saved Apple is leaving his position as CEO probably for reasons of health. “I have always said if there ever came a day when I could no longer meet my duties and expectations as Apple’s CEO, I would be the first to let you know. Unfortunately, that day has come.”, said Jobs in a statement. Jobs will instead serve as chairman of the board of directors.

Jobs rescued Apple in 1997 when the company had racked up almost $1.9 Billion in debt and was reportedly only 3 months from bankruptcy.

Now Apple is the second most valuable company in the world and while most of that success has come with Jobs at the helm, but “he hasn’t been a driving force for the past two years” said Daniel Genter of RNC Genter Capital Management.

After news of his resignation came out, technology futures took a step back. The NASDAQ-100 derives 2/3rds of its value from technology companies and it slid almost a full percent on the news. Investors will likely be cautious with the stock until confidence builds in Jobs’ successor. A successful launch of the iPhone 5 later this year could be just the confidence builder the company needs.

Chief Operating Officer Tim Cook succeeds Jobs as the CEO. When Jobs handed his resignation to the board today, he reportedly also strongly recommended Cook for the position. His 13 years of experience running sales, manufacturing and distribution at apple should make for a smooth transition for the technology giant.

Apple users may be hopeful that the succession means that Adobe’s Flash technology might be allowed on Apple products. Steve Jobs’ adamant opposition to the technology has been the major reason for its absence on the ubiquitous platform. With Jobs’ serving as chairman of the board though, a change in the near future is unlikely.

Jobs ended his run as Apple’s CEO with this letter:

To the Apple Board of Directors and the Apple Community:

I have always said if there ever came a day when I could no longer meet my duties and expectations as Apple”s CEO, I would be the first to let you know. Unfortunately, that day has come.

I hereby resign as CEO of Apple. I would like to serve, if the Board sees fit, as Chairman of the Board, director and Apple employee.

As far as my successor goes, I strongly recommend that we execute our succession plan and name Tim Cook as CEO of Apple.

I believe Apple”s brightest and most innovative days are ahead of it. And I look forward to watching and contributing to its success in a new role.

I have made some of the best friends of my life at Apple, and I thank you all for the many years of being able to work alongside you.

Steve