Cycling makes Biz Week Magazine
- Hi all--
The front-of-book section of Business Week Magazine for this week has the
following short piece:
BIG WHEELS ON TWO WHEELS
The cliche is that CEOs prefer golf.
they�re taking up cycling. Inspired by Lance Armstrong�and, often, by knees
that can no longer jog�many execs can be seen riding expensive custom bikes.
�The world is changing,� says former BMG Entertainment CEO Strauss Zelnick,
45, who now manages investment shop Zelnick Media and often logs 80 miles a
week in New York�s Central Park. �People are aging better and living
longer.� Other CEOs are avid riders, too: James Kennedy of Cox Enterprises,
Harold Varmus of Memorial Sloan-Kettering, Brian Roberts of Comeast, and
Thomas Weisel of Thomas Weisel Partners in San Francisco.
Some are even putting company dollars into competitive racing. Zelnick has a
minority stake in the Pro Cycling Tour~ the most prestigious U.S. circuit.
Frank Schroeder, CEO of Schroeder Iron, who logs up to 300 miles a week,
figures that having his company name on racers� jerseys across his Southern
California market can bring greater visibifity to his structural steel
fabricator. Take that, golf! -Gerry Khermouch
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