Bindex 279..296
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Index Addison, Ill., Pampered Chef Anti-Semitism, 5, 26 headquarters, 79 Ash, Mary Kay, 220 Advertiser and Publisher Group, Ashley Furniture, Arcadia, Wisc., 8 Yahoo! 200 Association to Advance Collegiate Advertising/publicity Schools of Business, 242 Borsheims, 56, 59 Astro Theater, Omaha, Neb., 24 Helzberg Diamonds, 156, 157 ASX200 (Australia), female board from lawsuits, 9 membership, 245–247 online, Guyman’s role in developing, Audit Committee, Berkshire 181–182 Hathaway board of directors, Yahoo! 200–201, 204 169–171, 193, 195 AGS (American Gem Society), Aurafin LLC, 44 162–163 Avon, 138 Albright, Madeline, 237 Allen, Paul, 183,COPYRIGHTED 188 Baker Scholars,MATERIAL Harvard Business Allen & Company, 230 School, 208 All the President’s Men (movie), 224 Ballmer, Steve, 188, 204 American Express, 229 Bamboo products, 137 American Gem Society (AGS), Barrett, Craig R., 206 162–163 Barton, Rich, 180 Amick, Rebecca, 236 Bartz, Carol, 205 Amway, 82, 138 Bass, Kim, 89 Antique/estate jewelry, 61 Batt, Robert (Bob), 3, 12, 14–15 279 bindex 19 March 2012; 9:38:20 280 INDEX Beasley, H. Marvin, 161 Gates on, 55, 112, 162, 167, 203 Belarus, geography, 4 Governance, Compensation, and Bel-Oro International, 44 Nominating Committee, 193, 194 Ben Bridge Jewelers, 44, 162–163 Guyman’s naming to, 167 Berkshire Hathaway responsibilities, 169 acquisition/investment strategy, Berry, Leonard, 162 66–67, 113 Beryls, 147 annual shareholders’ meeting, Better Business Bureau’s Torch 1993, 14 Award, 85 annual shareholders’ meeting, Bloomington, IN, Gottschalk family in, 2008, 203 123–124 annual shareholders’ meeting, Blumkin, Frances, 6–7, 10 2009, 162 Blumkin, Irvin, 20–21 annual shareholders’ meeting, Blumkin, Isadore (Itzik Rosevich) 2011, 115, 122–123 business ventures, 6, 8 company revenue estimates, 127 death, 8, 10 direct-selling companies, 82 in Fort Dodge, Iowa, 5 female executives, 43, 235–236 generosity, 23 impact of the recession on retailing immigration to the U.S., 5 revenues, 58–59 marriage to Rose, 4 largest stock holdings, 2011, 229 Blumkin, Louie partnering among companies owned birth, 6 by, 44, 162 family conflicts, 20 purchase of Borsheims, 40–41 grooming for furniture business, 10 purchase of Business Wire, 112–114 management style, 12 purchase of Helzberg Diamonds, military service, 7–8 159–160 Blumkin, Ronald, 20–21 purchase of Nebraska Furniture Blumkin, Rose Gorelick (Mrs. B). Company, 17, 19 See also Nebraska Furniture Mart purchase of the Omaha World arithmetic skills, 16 Herald, 231 awards and honors, 24–25 purchase of The Pampered Chef, 66 black-and-white world view, 22 purchases of other jewelry Buffett on, 1, 14, 20, 21 companies, 44 business and merchandising skills, share-holder-designation charitable 7–11, 14, 17 donation program, 83–84 challenges learning English language, 6 stock in The Washington Post childhood and family background, Company, 213, 215, 227 3–5 stock value, 18, 194 citizenship, 12–13 Berkshire Hathaway Board of Directors competitors, 9–10 Audit Committee, 169–171, 193, 195 departure from Nebraska Furniture composition changes, 2003, 168 Mart, 20–21 Decker’s naming to, 207 early business education, 4, 6–7 bindex 19 March 2012; 9:38:20 Index 281 employees, 2, 14–17, 20, 22–23 American Gem Society membership, enjoyment of customers, 2, 13 162–163 final years, 26 at Berkshire Hathaway shareholders’ founding of the Nebraska Furniture meeting, 46–48 Mart, 7 Borsheims Price, 30–31 100th birthday celebration, 26 Buffett’s purchase of, 40 influence, 3, 26 Cohen family and, 53 lawsuits against, 11 customer service/confidentiality, love and appreciation for America, 31, 53–56 5, 25–26 decor, 27 management style, 2 employees, 36, 53–54 marriage, 4 executive team, 53, 57–58 Mrs. B’s Warehouse, 21 as family-friendly company, 52–53 philanthropy/charitable activities, female managers, 30, 52–53 11–12, 23–25 founding, early history, 36–38 pricing approach, 7, 9 impact of recession on, 58–59 reconciliation with family, 22–23 Internet sales and marketing, sale to Berkshire Hathaway, 17–19 55–56 scooter, 2, 13–14 inventory, 30, 56, 61 temperament and work ethic, 1, 4, 7, Jacques hiring as CEO of, 28, 43 12–14, 20 layoffs, 59 view of money/investments, 23, 26 out-of-state sales, 32 views on women entrepreneurs, 10 physical location, 40, 48–49 views on women workers, 10 pricing approach, 30 on working with Buffett, 19, 22 relationship with Helzberg Blumkin, Sylvia, 6 Diamonds, 45–46 Blumkin Foundation, 23 relationship with See’s Candy, 46 Board of directors/advisory boards. robberies at, 39–40 See also specific companies Sunday closing, 53 compensation for participation, 164, Boyajian, William E. (Bill), 35 169, 206–207 Boycotts, 84–85 gender disparity in, 245–249 Bracco, Dan, 46–47 groupthink, 245–246 Bradlee, Benjamin, 218, 232 importance of independence and Brandeis and Rogers, Omaha, diversity, 249–250 Neb., 9 Boeing, 172, 173 Breast cancer awareness support, Borsheim, John Louis, 38 140–142 Borsheim, Louis A., 37 Bresingham, Jim, 122 Borsheim, Louis C., 38 Bridge jewelry, 148 Borsheims Fine Jewelry and Gifts, “Bridging Board Gaps” report, 249 Omaha, Neb., 23. See also Broder, David, 232 Jacques, Susan Brooks, Dorothy, 104 advertising by, 56 Brown, Bob, 15, 21–22 bindex 19 March 2012; 9:38:20 282 INDEX Brown, Teresa. See also The Pampered role at Nebraska Furniture Mart, Chef 10, 19 business skills, 134 role at The Washington Post on Gottschalk, 128 Company, 227–228 on Internet sales, 138 salary, 194 leadership/teaching skills, sales skills, 47 135–136, 139 on Tamraz, 113 mentoring of, 139 Business education, gender disparity, as Pampered Chef consultant, 132–134 240–242 Buffett, Astrid Menks, 55 Business owners, women among, 244 Buffett, Warren. See also Berkshire Business Wire. See also Tamraz, Cathy Hathaway and specific companies Baron appointment of Jacques as CEO of business model/pricing approach, Borsheims, 28, 42–43 107–108 on Blumkin, 1, 10, 22, 26 Dantuono’s role at, 105–106 business philosophy, 17–18, employee benefits and retention, 231–232 115–116 on challenges of the newspaper executive team, 106, 114, 119 business, 231 headquarters, 100, 115–116 childhood in Washington, 226 EXtensible Business Reporting on Decker, 193–194, 209 Language, 110 ethical standards, 61–62 50th anniversary celebration, 99, on Friedman, 40–41 116–117 on Gottschalk, 127 founding and early history, 99–101 Guyman’s trips with, 167, 169 impact of 9/11 attack on, 118 investment philosophy, 119 international expansion, 107 jewelry purchases, 55 mobile alert service, 110–111 on Jacques, 43 news releases, 108–109 on K. Graham, 220, 225 products, 97 as mentor, 43–44, 228 revenues, 99 net worth, 194 sale to Berkshire Hathaway, 112–114 philanthropy/charitable activities, Tamraz’s rise at, 102 49–50 use of social media, 109 portrait of, by Zovko, 97–98 as woman-friendly employment recruitment of Raff, 161–162 environment, 100–101 relationship with Blumkin, 1, 17, Buying, shopping vs., 130–131 19–20, 22 relationship with Christopher, 80 Cable One, 214, 228 relationship with K. Graham, 213, Campbell, Colin, 131 227–229 Campbell Soup Company, 187 relationship with Tamraz, 113 Carpet Warehouse, 2 role at Borsheims, 43–44, 53 Cartier boutique, at Borsheims, 56 role at Business Wire, 99, 119 Castagna, Vanessa, 153 bindex 19 March 2012; 9:38:20 Index 283 Catalyst, 238 honors and awards, 86–87 CD-ROM/multimedia, development management approach, 93 and marketing of at Microsoft, marriage to Jay, 68 178–179 mentoring activities, 94–95 CEOs, female. See also Executives, on mother’sinfluence, 68 female philanthropy, 86–88 in 1963, rarity of, 219–220 pricing approach, 71 increasing number of, 238 on responding to technological in the nonprofit sector, 243 change, 137 in U.S. and other countries, statistics, selling approach, 73–74 238–240 special challenges, 88–89 CEO’s Against Cancer (American succession planning, 79–80 Cancer Society), 142–143 on working with Buffett, 80–81 CEO salaries, monitoring, 194 Christopher, Jay, 68, 74–75, 86 CFOs (Chief Financial Officers), Christopher Family Foundation, 87–88 198–200, 202 Claire’s jewelry stores, 146 Chairman’s Circle, The Pampered Clinton, Hillary, 54–55 Chef, 139 Coca-Cola, 229 Charitable donations. See Philanthropy Cohn, Marvin, 36 Chartered Financial Analyst, 197 Cohn, Susie Friedman, 53 Chefsuccess.com website, 139 Cole, Ida, 183–184 Chicago, Ill., The Pampered Chef College presidents and deans, gender headquarters, 65 disparities, 243 China, Mary Kay Cosmetics in, 138 Come to the Basement ( J. Christopher), Christopher, Doris Kelley. See also The 75 Pampered Chef Comment, Jeffrey, 158, 160–161. advice to young professionals, 94–95 See also Helzberg Diamonds awards and honors, 82–83 Compensation on being a leader, 86 for board participation, 164, 169, at Berkshire Hathaway shareholders’ 206–207 meeting, 122–123 business school graduates, 239–240 Buffett on, 66 female executives, 240 childhood, 67–68 Pampered Chef consultants, 78, 89, as classic entrepreneur, 72–73 139–140 direct selling industry Conch pearls, 60 involvement, 82 Concordia University, River Forest, early work experience, 68–69 Ill., 86 education and training, 68 Connors, John, 188 family life, 69 Consultants, The Pampered Chef first meeting with Buffett, 80 advancement model, 135 founding of The Pampered Chef, earning power, 77–78, 89, 139–140 65–66, 71–72 educational function, 132 on Gottschalk, 121 flexibility, 135 bindex 19 March 2012; 9:38:20 284 INDEX Consultants, The Pampered Chef Davidow’s Law, 179–180 (continued) Davis, Charles, 225 numbers