Legendary Studio Ghibli composer Joe Hisaishi makes his Proms debut conducting the Royal Philharmonic Orchestra in two large-scale works exploring themes of destruction and loss - including his piece The End of the World, reflecting the "anxiety and chaos" after the 2001 terrorist attacks in New York.
Ms Cohn who has worked with companies including Google, Etsy and Johnson & Johnson says that whatever the plans of a new CEO, confidence is vital for any success.“The most important quality that you need to be the CEO is knowing that you will be able to be the CEO,” she says. “There is a sense of confidence, and healthy ego that you need to bring to the table.
“The second thing you need to bring to the table is an ability to adapt. You've got to be able to assess the situation, make some important decisions, and then adapt them as you go”.It’s not something she thinks can always be taught, which is why she says so many people get "stuck" at lower levels in a company. Ms Cohn adds: “You need to develop your own sort of internal state to know that you can handle the pressure, the difficulty, the spotlight”.That pressure is one the reasons why top CEO’s are often compensated with huge pay packages. When it comes to the S&P 500 group of the US’s biggest companies last year, the top earner was Hock Tan at Broadcom who got $162m, followed by Nikesh Arora with $151m at cybersecurity firm Palo Alto Networks, and Stephen Schwarzman with $120m at investment giant Blackstone.
The average for an S&P500 CEO last year was a record $16.3m, according to executive consultants Equilar. It means they are getting 196 times as much as the average worker at their companies and critics says CEO’s aren’t worth that much more than their staff.“This is based on the foolish notion that the person in the corner office is somehow almost single-handedly responsible for corporate value,” says Sarah Anderson from the Washington based progressive think tank the Institute for Policy Studies.
She think it’s a problem that is getting worse, and spreading around the world. “I think runaway CEO pay is bad for our economy, bad for democracy and bad for business,” she adds.
Mr Lafley agrees that the ratio between staff and CEOs’ pay is “too high”, but reasons that firms are having to compete to attract the best talent.Initially, Tate presented himself as charming, but Ms Stern alleges that his behaviour quickly turned demeaning and threatening.
According to her claims, he referred to her as his "property" and subjected her to verbal abuse, calling her an "idiot", among other names.She described one incident in the Beverly Hills hotel in which he allegedly beat, choked and then threatened to kill her while they were having sex - an encounter that she says began as consensual.
"Tate began verbally degrading [the] Plaintiff as he routinely did - but this time it was much worse, more aggressive, and more violent," the lawsuit states.Ms Stern said in the complaint that he struck her in her face and head, and she cried for him to stop - alleging at one point the pressure on her neck nearly made her lose consciousness.