FORE SCORE: Colorado may be a great place to live and work, but its corporate chieftains apparently need more time chasing a little white ball. Among Golf Digest’s “exclusive CEO Golf Handicap Ranking of the top 200” CEOs, Colorado was hard-pressed to field a foursome (though you might expect those elsewhere to have second homes or vacation here.) From the bottom, Leo Kiely of Molson Coors and Michael Fries of Liberty Global tied for 195th; Qwest’s Dick Notebaert was 184th; R. David Hoover of Ball Corp. was tied for 135th; Donald Anderson of TransMontaigne tied for 65th. (But, alas, New York-based Morgan Stanley recently bought TransMontaigne.) A quick scan of the list indicates one woman: Patricia Russo of Lucent Technologies, tied for 144th. The best boardroom duffer is James Crane of Houston-based Eagle Global Logistics. More at www.golfdigest.com/ceo.
FELD’S FUTURE: Colorado’s best known venture capitalist, Superior-based Brad Feld of Mobius, may set up his own shop, according to speculation in The Wall Street Journal today. The article documents how Mobius (among other Silicon Valley-based VCs) have fallen on harder times since the late 1990s start-up funding boom. Reached via e-mail this morning, Feld had no comment. When he does say something, it will undoubtedly be at www.feld.com – his entertaining personal/business blog.
WAGE WATCH: Key legislators today are expected to sign off on the ballot language for Amendment 42, the ballot initiative that would raise Colorado’s minimum wage from the current $5.15 an hour to $6.85 an hour, beginning Jan. 1. There is some question by opponents, however, about the wording and substance of the initiative language that would have minimum wages “adjusted annually for inflation.” Since the Consumer Price Index is calculated for urban areas – and there is no statewide CPI – would the wage adjustment be calculated differently for urban and rural workers?
