Edward Johnson III Quotes

When I took over the family business, it had already been a publicly traded company for 20 years. During one of the first annual meetings I attended, one shareholder stood up and advised me and everyone in attendance that I should resign.

I think it's very important to have the stewardship of a company by a family member.

I will continue to help run my father's company.

Fidelity does have a succession plan in place to ensure a smooth transition.

The executive moves we are announcing today will strengthen American for the long-term future and reflect well on the depth of the Company's management team.

I'm in a different position than most CEO's. I'm a founder. I'm not a hired CEO. Now, I can be fired by the board, but most CEO's are hired by the board.

I've said I will be CEO as long as my colleagues want me.

Abby Johnson has agreed to become Chief Executive Officer of Fidelity, reflecting a further step forward in our leadership succession plan. Abby will retain her role of President, and I will continue to serve as Chairman of the Board.

Meetings are the linchpin of everything. If someone says you have an hour to investigate a company, I wouldn't look at the balance sheet. I'd watch their executive team in a meeting for an hour. If they are clear and focused and have the board on the edge of their seats, I'd say this is a good company worth investing in.

But maybe because the dot-com world gives people positions at a younger age, and many women are prominent in this business, it will help change the view about who can run big companies.

Quite often, people who build big businesses don't believe anyone else can run them, and you end up with an old rascal in their 70s and no one to take them on. I could name several - and I won't - who put themselves in that invidious position.

I do not want to be a long-term CEO.

Most of the time nothing much is required of directors, which is a pity.

Shareholder meetings are not usually the occasion for utter candor - or for that matter, arch sarcasm - by chief executives.

We have very strong succession plans across all group companies. But we do not comment on it. The retirement age is 60 years, but it does not apply to family professionals who work in the business.

The question was, in a sense, at Princeton Review, how much value was I adding as a public company CEO. I was adding less than other people might've... I think you want to move on when you've given your best work and then feel that you're not going to add as much value moving forward.

And I want to do it the right way, like everybody else, not just a famous figurehead that gets a job because he is a famous basketball player. I want to really learn the business.

Cipla has a strong professional management team, and we take team decisions. My brother has been working at Cipla since 1973.

CEOs resign when the internal dynamics of the company and the external dynamics of the company actually come together to say it is appropriate. When the internal dynamics ask you whether you have a replacement. I think the transition from CEOships have also become cartoonish.

I am incredibly proud to return to the Yahoo board.

I feel like I'm part of history being made. I leave Apple board meetings thinking, 'I've got to do a better job.'

People who build family businesses are not classically trained. They have to deal with an enormous amount of politics. You think corporate politics are tough? Go work for your dad or your mom.

In a corporation, there can only be one guy in the end: the CEO.

Clearly, every company needs a leader. That's an important part of being the CEO of the company.

Jeff Williams, Apple's senior vice president of operations, has been called 'Tim Cook's Tim Cook' by some.