151. Rick, risk & reward.
- Author
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Kirby, Jason
- Subjects
- *
EXECUTIVE retirement , *BUSINESS expansion , *CORPORATE profits , *DIVIDENDS , *LEADERSHIP , *GLOBAL Financial Crisis, 2008-2009 ,BANKING industry personnel - Abstract
The article profiles Canadian executive Rick Waugh, who plans to retire as chief executive officer (CEO) of the Bank of Nova Scotia (Scotiabank) on November 1, 2013. Particular focus is given to Waugh's successes in expanding the business during his tenure, including increasing the number of employees and bank branches, net income gains, and share dividend growth. Other topics include his start at the company as a bank teller, his leadership style, and response to the 2008 U.S. mortgage crisis.
- Published
- 2013