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Articles on Holland (Nederland) in TIME (1923 – )

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Europe’s Grasso Effect

160

The chairman of scandal-tainted NL.-based Royal Ahold stepped down following national outrage over his failure to inform investors of the new contract he gave new CEO Moberg.

Outrage about executive salaries is missing a couple of decimals in Europe. In September New York Stock Exchange boss Dick Grasso resigned amid a backlash over his $188 million deferred-compensation package. Around the same time, the chairman of the world’s third largest food retailer, scandal-tainted Netherlands-based Royal Ahold (whose…

Wagnerian Era

517

A typically worldly, multilingual Dutchman Gerrit Wagner, is the new chairman of Royal Dutch/Shell, a globe-spanning industrial empire that employs 165,000 people.

A typically worldly, multilingual Dutchman, who spent part of his youth as an anti-Nazi resistance fighter, has just taken over the top job in a globe-spanning industrial empire that employs 165,000 people, owns and charters a fleet of 200 ships and lately has encountered some rough weather. Gerrit (“Gerry”) Wagner…

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