Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : Genentech (NYSE:DNA) formerly known as (NYSE:GNE) -- Ignore unavailable to you. Want to Upgrade?

To: tom pope who wrote (221)	1/30/2009 9:00:14 AM
From: kenhott	Read Replies (1) \| Respond to of 250

Here is a little piece from an interview he gave... Benjamin: How would you describe your management style? Humer: Oh, that's a difficult question to ask the person who is in charge. Probably participative, with trying to find the right moment in time when a decision needs to be made, listening to different opinions inside and outside and then taking the decision. Sometimes, also being able to take tough decisions alone. My management style is to try and stay as close to the markets as I can, I still today travel to many of our markets at least once a year to the big countries two or three times year, to get a sense of what is happening out there. Benjamin: You mentioned the ability to make decisions alone? Is it often lonely being a CEO, because we see the other side ... a lot of money, a lot of travel, a lot of glitz on a certain level? Humer: By the way, traveling is not as glamorous as it might look. Yes, sometimes life as a CEO can be lonely. Benjamin: Why? Humer: Because it's difficult to distinguish the different influences you're exposed to.... You cannot always trust all the people, and that's normal. People have their own agenda, they have their own goal, so you in the end you have to weigh those different things and you can only do that on your own. ----------------------- I feel for him. :) Just kidding. I will say that every CEO probably thinks he/she has a participative style of mgt. I love the move to cut the price to $86.50 to go hostile. It confirms a lot of what I know about these guys. p.s. You are one well read dude.