He served as the CEO of the Entrepreneur Challenge, a non-profit organization for the training and funding of student entrepreneurs at UCSD.
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This will make the much more attentive at board meetings and more willing to challenge a CEO they believe is putting their stock holdings at risk.
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The main challenge for CEO Tim Cook and Apple longer term is whether or not he and the company can continue to foster the same culture of innovation and consumer-focused product development that made Apple what it is today.
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It's a challenge that former CEO Ken Stern, who was pushed out in March, struggled with.
"The cola category continues to be a challenge, " CEO Indra Nooyi noted in a conference call with investors.
Dave McCool, president and CEO of Muzzy Lane Software, said the challenge with serious games is to make them both fun and educational.
McCall -- who was appointed CEO in July 2010 -- says the biggest challenge facing the company today is maintaining cost advantage over its competitors.
Very much echoing Pam Pecs Cytron, the CEO of PendoSystems, who I wrote about earlier, the key challenge the INTIX team encountered was that larger banks would say they were interested in the solution, but were reluctant to do business with a relatively new, unknown startup company.
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One challenge facing Rousseau and David Pottruck, Schwab's co-CEO, is this: As Schwab begins to go after the high-end of the retail investment market (see story), it will find itself up against stiffer competition.
"At some point if a CEO-ship should be in front of me and it's going to be a challenge, maybe I'll take it, " he says.
If confirmed, Paulson would become the latest in a parade of high-ranking Goldman Sachs executives to pursue a high-profile challenge elsewhere, following Clinton Treasury Secretary Robert Rubin, New Jersey Gov. Jon Corzine and NYSE Group CEO JohnThainJohn Thain.
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