Charles Holliday
Charles Holliday
Charles Otis "Chad" Holliday, Jr., is an American businessman, former chairman of Bank of America and former chairman, former chief executive officer and a former director of E. I. du Pont de Nemours and Company. He is chairman emeritus of the U.S. Council on Competitiveness and chairman of the Business Roundtable's Task Force for Environment, Technology and Economy. Holliday is also a founding member of the International Business Council and serves on the board of advisors of the Nicholas Institute...
higher prices
Ultimately, it will be higher prices for the consumer.
actions continue despite difficult economic emerge global hope material movements necessary offer prices raw recent spreading stronger
Recent movements in long-leading economic indicators and in raw material prices offer hope that an end to the spreading global downturn is in sight, ... Despite that, we continue to take actions necessary to emerge from these difficult times as a much stronger company.
ability combined continued contribute costs currency cycle economy favorable focus global growth low lower material price quarters raw results several view volume weather
Our view of the global economy suggests several more quarters of low volume growth and continued price pressure, ... Lower raw material costs and more favorable currency comparison. combined with results from our productivity focus should all contribute to our ability to weather this cycle more favorably than in the past.
bringing thrust
Our thrust is to keep bringing out new products,
dominates impact pervasive
The pervasive impact of e-commerce dominates the discussion,
asian challenges effects expect faced financial general growing quarter second slowing strike volumes
We expect the challenges we faced in the second quarter to continue, exacerbated by slowing volumes from the growing effects of the General Motors strike and the Asian financial crisis.
businesses designed ensure future health improve plan profitable
This transformation plan is designed not only to improve the short-term health of these businesses but also to ensure a future of sustainable, profitable growth.