Apache CEO, Vermont activist build alliance on climate issues
Steve Farris runs a $33 billion Texas oil and gas company and turns, for advice, to a bearded Vermont environmentalist. As other energy firms battled climate change and anti-pollution activists in recent years, the Apache Corp chief executive instead built an alliance with Steven Heim, managing director of Boston Common Asset Management, one of the better-known socially responsible investment firms. The relationship helped Apache side step time-consuming proxy fights that have plagued some of its peers, in exchange for changes like committing to protect the rights of native peoples living near remote gas projects, and using cleaner chemicals in hydraulic fracturing, a drilling method that environmentalists say could threaten groundwater.
Royal Caribbean Promotes Executives
Royal Caribbean Cruises's Brian Rice has been promoted to Vice Chairman and CFO of Royal Caribbean Cruises Ltd. In this expanded role, Rice will continue to oversee the finance function, but also take on responsibility for the company's supply chain department, as well as focusing more on strategic issues. Rice will continue to report directly to Richard D. Fain, Chairman and CEO. Rice has been with Royal Caribbean for over 20 years, most recently as Executive Vice President and CFO. Prior to that, Rice has served in a variety of senior management positions, including Senior Vice President, Revenue Performance, where he was responsible for revenue management, air/sea, groups, international operations, decision support, reservations and customer service.
Leon to Retire as Royal Caribbean Cruises CFO
Royal Caribbean Cruises Ltd. him as CFO. Leon has been the company CFO since 2003, when he joined the company. the end of 2006. operations and revenue-performance management. systems and procedures. initiatives. history.
