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Cycling makes Biz Week Magazine

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  • Peter Serratore
    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
    Message 1 of 1 , Apr 1, 2003
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      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.

      LATELY, THOUGH.
      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

      ##### END #####

      Cool, eh?

      -Peter





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