IndyCar CEO Randy Bernard Fired For Being Unable To Unsink Titanic

Randy Bernard was CEO of IndyCar for an entire two years and yet somehow managed to squander all the positive press, the solid business plan, and the massive media footprint the sport had gained since the split with CART and while under the wise leadership of Tony George. Therefore, the IndyCar board's decision to fire … » 10/28/12 7:48pm 10/28/12 7:48pm

AutoNation CEO Says High Gas Prices Are Good For You, Automakers

Mike Jackson, Chairman and CEO of AutoNation (and thus America's number one car salesman), finally breaks taboo and utters the unthinkable: High gas prices are a good thing. "You have to tell the American people the truth," he says. "Energy costs are going to be higher." Oh Mike, Mike, Mike. Don't you know that the first… » 6/09/08 1:00pm 6/09/08 1:00pm

Performance Pays! Visteon Loses $163 Million In 2006, CEO Gets $10.8…

I love that C-level execs are the only level in which compensation packages are rarely tied to overall corporate performance. Whether it was FoMoCo's exorbitant compensation packages for Mark "Flexmaster" Fields, Don "French Pastry" LeClair or Alan "Well-Paid New Guy" Mulally we saw last week, or whether it's this week with… » 4/10/07 10:45am 4/10/07 10:45am