Today, 86% of CEOs are actively involved in the annual report process, up from roughly 66% in 1985, according to a study by Cato Communications. Nearly three out of
five CEOs now play a role in writing their own letters to shareholders.
Reputation monitor: A Gallup poll shows that 65% of Americans have favorable feelings toward Microsoft, and 69% have favorable feelings about Bill Gates. A majority
(54%) oppose the Justice Dept. proposal to split the company in two.
Investor Watch: Overstressed Americans may use the Web for research, but they still rely on face-to-face expert counsel in making decisions, according to a survey of
roughly 1,000 adults by Putnam Investments. 44% of respondents said they consulted with financial experts.
Hitachi America, Ltd. appoints Gerard F. Corbett general manager of its corporate communications group...Charles Morin succeeds Ian Capps (retiring) as CEO of PR
Newswire...Paul Costello, a one-time spokesman for Rosalynn Carter, is promoted to managing director of Shandwick NY... Thomas Lambrix leaves senior VP post at Union Camp to
join the Hawthorn Group...Dan Puzo, a former LA Times staff writer and most recently editor-in-chief of Restaurants & Institutions, joins Edelman as senior VP of
the firm's consumer practice.
