Articles from the Atlanta Business Chronicle
By Maria Saporta
Friday, September 3, 2010
The good news for Atlanta is the headquarters for the new Coca-Cola Enterprises Inc. is staying put.
The not-so-good news is that once it completes its $13 billion transaction with The Coca-Cola Co., CCE will go from 70,000 employees to 13,000 employees. And CCE’s workforce in Atlanta will go from 3,500 employees to about 100.
The other 3,400 employees will join Coca-Cola. About
By Maria Saporta
Friday, August 27, 2010
The Buckhead Theatre’s Aug. 24 premiere of the latest documentary by Andrew Young Productions, “Change in the Wind,” certainly had an Atlanta flavor.
It truly is an Atlanta documentary that reveals the improbable partnership between Morehouse College President Benjamin E. Mays and “Gone With The Wind” author Margaret Mitchell.
By Ben Smith and Maria Saporta
Friday, August 27, 2010
The world’s busiest airport needs more than a new general manager. It needs to replace a sizable chunk of its management team, too.
Within the past year, six of Hartsfield-Jackson Atlanta International Airport’s top 20 executives, including former General Manager Benjamin R. DeCosta, have left. Most appear to have moved on to better
By Maria Saporta
Friday, August 20, 2010
In the end, the family marriage between the Atlanta Life Financial Group and Jackson Securities lasted less than four years.
Reuben McDaniel III, president and CEO of Jackson Securities, announced Aug. 16 that he was resigning from the job he has held since 1999. The two African-American financial institutions had connections to the late Atlanta Mayor Maynard Jackson.
By Maria Saporta and Ben Smith
Friday, August 20, 2010
The new general manager of Atlanta’s airport will have to deal with a full plate of managerial challenges and politically fraught decisions in the coming months.
The general manager of Hartsfield-Jackson Atlanta International Airport is arguably one of the most important public roles in the Atlanta region. As the world’s largest and busiest airport, Hartsfield-Jackson is the fuel that makes Atlanta the economic engine of the
By Maria Saporta
Friday, August 13, 2010
The Community Foundation for Greater Atlanta does not believe that now is a time to be stingy with its dollars. Last year it gave away $140 million to nonprofit organizations in metro Atlanta and beyond.
“Our payout last year was 22 percent,” said Alicia Philipp, president of metro Atlanta’s Community Foundation. “We are getting the money out there. We think that’s an important message. These high-net-worth individuals, who are our donors, want to get the money out
By Ben Smith and Maria Saporta
Tuesday, August 17, 2010
Two former Hartsfield-Jackson International Airport employees, a current general manager from Indianapolis and a former CEO of Detroit’s airport authority are said to be in the running for general manager of Atlanta’s airport, sources say.
They are John D. Clark III, Lester W. Robinson, Steven Baker and Miguel Southwell, according to three sources familiar with the search to replace former GM Benjamin
By Maria Saporta
Friday, August 13, 2010
It’s no secret that Georgia has been a divided state. For decades, business leaders and politicians have talked about the two Georgias — metro Atlanta and the rest of the state.
But at an all-day event in Macon on Aug. 25, leaders from across the state will explore how Georgia compares to other states and what the different communities can do to help create a common vision.
By Douglas Sams and Maria Saporta
Tuesday, August 10, 2010 | Modified: Thursday, August 12, 2010
Tony Southeast Georgia resort Sea Island Co. became one of the state’s highest profile casualties of the economy and real estate crash late Tuesday, filing for Chapter 11 bankruptcy, listing at least 1,000 creditors that are owed up to $1 billion.
The bankruptcy coincides with an agreement to sell its assets to New York-based Avenue Capital Corp. and Los Angeles-based Oaktree Capital for $197.5 million. They
By Maria Saporta
Friday, August 6, 2010
Come January, Georgia will have a new governor and a new state school superintendent.
And the Georgia Partnership for Excellence in Education is poised to help the new governor and superintendent — whoever they may be — adopt a public education platform to help spur improvements in school systems across the state.
By Maria Saporta
Friday, August 6, 2010
A London-based engineering and design firm, WS Atkins Plc, will acquire The PBSJ Corp., an engineering, construction and environmental firm with a big presence in Atlanta.
Doug Hooker, Atlanta-based vice president and director of the Southern states for Tampa, Fla.-based PBSJ, said Atkins has been looking for a platform for growth in North America because it did not have a major presence in the United States.
By Maria Saporta
Friday, July 30, 2010
Park Pride, an Atlanta-based advocacy group for more green space and better-maintained parks, has hired a new executive director, Tom Salyers.
Salyers, who grew up in Atlanta, has spent the last 15 years in Washington, D.C., working the last 12 as a
By Maria Saporta
Friday, July 30, 2010
United Parcel Service Inc. has reached a first-ever philanthropic milestone.
As of July 28, Atlanta-based UPS has become the first and only company to contribute a total of $1 billion to the United Way organization.
That’s quite a feat for a company that before 1982
By Maria Saporta
Friday, July 30, 2010
In picking its next CEO, Southern Co. stayed within its tried-and-true formula — select someone who has grown within the Southern family and will continue the company’s traditions of providing reliable and affordable energy.
That describes Thomas A. Fanning, who has been Southern’s chief operating officer for the last two years and will become its president Aug. 1. Fanning will then succeed David Ratcliffe as chairman and CEO on Dec. 1.
By Maria Saporta
Friday, July 23, 2010
As a way to mark a 48-year relationship, United Parcel Service Inc. has pledged to give the National Urban League a three-year, $3.3 million gift for the organization’s Centennial Development Campaign.
UPS’ partnership with the Urban League stands out both in its longevity and its breadth.
With the exception of its United Way relationship, “the
By Maria Saporta
Friday, July 23, 2010
First Atlanta. Then the world.
That describes the career of John Portman, the Atlanta native who is an internationally renowned architect and developer.
It also describes the exhibit — “John Portman: Art & Architecture” — on display at the High Museum of Art from Oct. 17, 2009, to April 18 this year.
By Maria Saporta
Contributing Writer
David M. Ratcliffe, chairman, president and CEO of the Southern Co., announced Tuesday he will retire Dec. 1, and his successor will be Thomas A. Fanning, currently the company’s chief operating officer.
On Aug. 1, Fanning, 53, will become president of Atlanta-based Southern Co. (NYSE: SO), and then he will become the company’s chairman and CEO on Dec.
By Maria Saporta
Friday, July 16, 2010
It is well known that CARE, the Carter Center and the Centers for Disease Control and Prevention all are based in Atlanta. But few people are aware that another major global nonprofit — MAP International — has made Atlanta home.
MAP International was founded in 1954 in Chicago, to
By Maria Saporta
Friday, July 16, 2010
Southface, ahead of its time for several decades, now is hitting its stride as the Atlanta region and the nation invest in green buildings that are as energy- efficient as possible.
In the past couple of years, the Southface Energy Institute has seen its budget increase by $1.5 million to $5.5 million, thanks to federal stimulus funds and
By Maria Saporta
Friday, July 9, 2010
The Jewish Federation of Greater Atlanta considers its 2010 campaign a victory.
The organization raised $15.35 million in its campaign that began last fall and ended June 30 — a decrease of less than 2 percent from the previous year.
The funds raised by the Jewish Federation are
