Misplaced Pages

#908091

98-726: The Hillary Victory Fund was a joint fundraising committee for Hillary for America (the Hillary Clinton presidential campaign organization), the Democratic National Committee (DNC), and 33 state Democratic committees. As of May 2016, the Fund had raised $ 61 million in donations. The Fund's promotional materials described it as a way to "support Hillary Clinton and Democrats up and down the ticket." Individual donations were first allocated to Hillary for America (up to $ 2,700 or $ 5,400 for married couples), then to

196-516: A vice president or chief of staff of the United States: power and responsibility structures vary in government and private regimes depending on the style and needs of the president or CEO. Thus, the COO role meets individual expectations and changes as leadership teams adjust. The COO position is common in firms that are operationally intensive, such as airline and automotive industries. In

294-443: A "fixer", such as Daniel J. O'Neill who in 1999 joined Molson in that capacity. In the manufacturing sector , the primary role of the COO is routinely one of operations management , meaning that the COO is responsible for the development, design, operation, and improvement of the systems that create and deliver the firm's products . The COO is responsible for ensuring that business operations are efficient and effective and that

392-497: A core, in this sense a Common Core." In a December 7, 2015 The New York Times article, Clinton presented her detailed plans for regulating Wall Street financial activities by reining in the largest institutions to limit risky behavior, appointing strong regulators, and holding executives accountable. Clinton supported maintaining American influence in the Middle East. She publicly opposed Trump's call to ban Muslims from

490-507: A fact. When in the last reporting period her super PAC received $ 25   million and $ 15   million came from Wall Street, what is the smear? That is the fact." The Clinton campaign entered September 2016 with $ 121.4 million in the bank, while the Trump campaign had $ 96 million. Chief operating officer In some situations, for example where a COO is appointed as the CEO's successor,

588-635: A history of working to reach the legal maximum donations from single donors. In 2008, Barack Obama's presidential campaign sought $ 30,000 in donations from big donors, which was the legal limit for donations to the campaign and related fundraising committees. In 2014, the Supreme Court case McCutcheon v. FEC built on the Citizens United decision by ruling that limitations to an individual's total political donations were unconstitutional. These unregulated contributions to political party committees

686-436: A long time to make the decision. While Clinton said she spent much of the two years following her tenure, as Secretary of State, thinking about the possibility of running for president again, she was also noncommittal about the prospect, and appeared to some as reluctant to experience again the unpleasant aspects of a major political campaign. Those around her were split in their opinions, reportedly, with Bill Clinton said to be

784-454: A network of donors whom she and her husband, former President Bill Clinton , had "methodically cultivated... over 40 years, from Little Rock to Washington and then across the globe. Their fundraising methods have created a new blueprint for politicians and their donors." By the end of September 2015, the campaign's fundraising effort for "Clinton's 2016 White House run   ... has already drawn $ 110   million in support". In response to

882-399: A power struggle with his deputies (Steve Lessing, Tom Tucker, and Joseph M. Gregory) on March 15 that year that caused him to relinquish its COO title, likely brought about after the three men found about Pettit's extramarital affairs, which violated Fuld's unwritten rules on marriage and social etiquette. Bradley Jack and Joseph M. Gregory were appointed co-COOs in 2002, but Jack was demoted to

980-733: A presidential candidate and the national party. Several officials in the national committee only became aware of the plans in the weeks before its launch. The 33 state parties were added six days later. Mississippi, New Hampshire, Virginia, and Wisconsin were among the first state Democratic Party committees to commit to the Victory Fund. The states, in turn, would receive monies from the fund and assistance with voter registration. Some states, like California, Iowa, Nebraska, and Washington, chose not to participate. The Utah Democratic Party chose to participate and its head said that state donations were expected to be sent to national headquarters. Access to

1078-456: A relationship built upon trust is created between the CEO and COO, firm performance is improved and shareholder results are strengthened. Some strategies that are key to building trust in the CEO-COO relationship include: In addition to having a strong and trusting relationship with the CEO, the COO should also have an effective relationship with the board. A good relationship between COO and

SECTION 10

#1732782535909

1176-686: A response to the complaint, the DNC called the allegations a "political stunt", and pointed out that the Trump campaign had raised over $ 100 million from 20 Republican state parties. In June 2018, the FEC filed a motion to dismiss the complaint, stating that the Committee "lacks Article III standing because it has failed to allege a concrete and particularized injury." Hillary Clinton 2016 presidential campaign [REDACTED] [REDACTED] In 2016, Hillary Clinton ran unsuccessfully for president of

1274-473: A similar vein to the COO, the title of corporate president as a separate position (as opposed to being combined with a "C-suite" designation, such as "president and CEO" or "president and COO") is also loosely defined. The president is usually the legally recognized highest rank of corporate officer, ranking above the various vice presidents (including senior vice president and executive vice president), but on its own generally considered subordinate, in practice, to

1372-558: A strong liberal campaign would mobilize the same voters who swept Barack Obama to victory in 2008 and 2012. Her strategy of embracing Obama's policies proved highly effective with African American Democratic voters in the South Carolina Democratic primary. By March 2016 Clinton's nomination seemed likely, so efforts turned to structuring a campaign against Donald Trump, the presumptive Republican nominee, and determining how to generate enthusiasm for Clinton among

1470-474: A two-day road trip in a customized Chevrolet Express van, nicknamed after Scooby-Doo , going from New York to Iowa, and stopping several times along the way, including a much publicized stop at a Chipotle Mexican Grill outside Toledo, Ohio , where Clinton was not recognized by the staff. The trip gained considerable media attention and was, according to her campaign, intended as a bit of political theater . Clinton responded to very few questions from

1568-433: A very high name recognition of an estimated 99% (only 11% of all voters said they did not know enough about her to form an opinion) and according to Democratic pollster Celinda Lake , she has had strong support from African-Americans, and among college-educated women and single women. In Time magazine's 2015 list of "The 100 Most Influential People", Clinton praised Massachusetts Senator Elizabeth Warren , who herself

1666-404: Is a modest positive relationship between field offices and vote share. Throughout the general election campaign, Clinton consistently led Trump in fundraising. Through August 2016, Clinton, the Democratic National Committee and Clinton's main super PAC, Priorities USA Action , had raised more than $ 700 million, while Trump had brought in $ 400 million. According to a September 2016 analysis by

1764-583: Is capable of developing talent, and helps the CEO to retain the COO by further empowering the individual. A strong relationship benefits the COOs in that they are able to expand their experience as well as their professional network. Additionally, if they are looking to be the next CEO, it allows them to develop credibility with the board. Researchers advise the COO to go beyond simply presenting at board meetings, to ensure they are developing strong one-on-one relationships with each board director. Researchers also urge

1862-621: Is known as "soft money", and had led to corruption cases in both parties from malfeasance in the 1980s and 90s before Congress barred its use in 2002. The 2014 Congressional omnibus budget bill also raised political party donation limits. In 2016, single donors to the Hillary Victory Fund could contribute $ 2,700 to the Clinton campaign, $ 33,400 to the Democratic National Committee, and $ 10,000 to each of

1960-500: The International Business Times reported another event on March 21, 2016, organized by Clinton campaign chair John Podesta , Citibank and News Corporation lobbyist Steve Elmendorf , pharmaceutical lobbyist Jeff Forbes, and financial lobbyist Susan Brophy for the Hillary Victory Fund. A single donor could give upwards of $ 700,000 to the fund. The fund was managed by the Clinton campaign and its treasurer

2058-485: The Affordable Care Act . In March 2016, she laid out a detailed economic plan, which The New York Times called "optimistic" and "wide-ranging". Basing her economic philosophy on inclusive capitalism , Clinton proposed a "clawback" which would rescind tax relief and other benefits for companies that move jobs overseas; providing incentives for companies that share profits with employees, communities and

SECTION 20

#1732782535909

2156-620: The Center for Public Integrity , "More than 1,100 elite moneymen and women have collectively raised more than $ 113 million" for Clinton's campaign. These bundlers, who collected checks from friends or associates and gave them to the campaign, included "lawmakers, entertainment icons and titans of industry"; among them were Ben Affleck , George Lucas , Marissa Mayer , and Sheryl Sandberg . According to an article in The Washington Post , Clinton's presidential campaign benefited from

2254-848: The Committee to Defend the President , a hybrid PAC formally known as the Stop Hillary PAC, filed a complaint with the Federal Election Commission (FEC), accusing Clinton's 2016 campaign and the Democratic Party of "an unprecedented, massive, nationwide multi-million dollar conspiracy." The complaint alleged an $ 84 million money laundering scheme between the Clinton campaign, Democratic National Committee , Democratic state parties, and Democratic mega-donors in violation of multiple campaign finance laws. In

2352-619: The Democratic National Committee . The campaign set up a joint fundraising committee with the DNC, the Hillary Victory Fund , and 32 state committees. The Clinton campaign sent the DNC a memorandum of understanding in which the campaign agreed to help the DNC pay off debt in exchange for "joint authority over strategic decisions over the staffing, budget, expenditures, and general election related communications, data, technology, analytics, and research." The memo specified that these arrangements would be limited to "preparations for

2450-558: The Federal Election Commission said that the joint fundraising committee structure was never intended to support a single candidate, and the fund appeared to turn "the traditional notion of a joint committee into a Hillary fundraising committee". As of February 2016, the Sanders campaign was not involved in active joint fundraising with the National Democratic Committee and considered the fund to be subsidiary to

2548-498: The gender pay gap and reaffirmed that she believed that a right to same-sex marriage is protected by the U.S. constitution. Clinton stated that allowing undocumented immigrants to have a path to citizenship "[i]s at its heart a family issue." Clinton expressed support for the Common Core educational initiative, saying, "The really unfortunate argument that's been going on around Common Core, it's very painful because

2646-566: The general election to Republican Donald Trump on November 9, 2016; she conceded the following day. Had Clinton been elected, she would have been the first female and first spouse of a president to serve as president of the United States. Clinton's narrow losses in the blue wall states of Michigan , Pennsylvania , and Wisconsin were considered key to her defeat. As soon as Clinton ended her 2008 Democratic presidential primary election campaign and conceded to Barack Obama, there

2744-467: The presumptive nominee of the Democratic Party after she reached the required number of delegates (including both pledged delegates and superdelegates ) on June 6, 2016. Clinton announced that U.S. Senator Tim Kaine of Virginia would be her vice presidential running mate on July 22. Clinton and Kaine were nominated at the 2016 Democratic National Convention on July 26. Clinton lost

2842-501: The "one-sided" arrangement in which the states parties were used to raise money for the Clinton campaign while its supporters exaggerated the good done for the state parties. The Clinton campaign and national committee said that all state branches of the party would benefit from the improved national voter data. According to Donna Brazile's book "Hacks: The Inside Story," the Joint Fund-Raising Agreement between

2940-472: The 2016 presidential campaign existed "in a dramatically different environment" than in the past, and the 2010 Citizens United v. FEC decision and ruling by "the Supreme Court has made it easier for wealthy individuals, corporations and unions to spend huge, unregulated sums on political activity". In August 2015, the Clinton campaign announced that it had signed a joint fundraising agreement with

3038-826: The 33 state Democratic Party committees, for a total of nearly $ 360,000 in a calendar year. Joint finance committees like Hillary Victory Fund could receive that amount in a single check and proportion the funds accordingly. A donor who maxed out their contributions in 2015 could also max out in 2016 for a total of $ 700,000 towards the 2016 election, which is 135 times the $ 5,400 personal limit for presidential campaign contributions. (By comparison, in prior election cycles, individual donors were limited to $ 123,200 in total contributions.) The fund raised about $ 27 million in 2015. Individual donors who contributed over $ 300,000 in 2015 included Susie Tompkins Buell , Fred Eychaner , J. B. Pritzker , Laure Woods , Avie Glazer , Jeffrey Katzenberg , Philip Munger , and Alice Walton . In September 2015,

Hillary Victory Fund - Misplaced Pages Continue

3136-457: The CEO and chief economist . Most modern companies operate without a COO. For example, in 2007 almost 58% of Fortune 500 companies did not have a COO. In these instances the CEO either takes on more roles and responsibilities, or the roles traditionally assigned to the COO are carried out by sub C-suite executives. Although the number of COOs has been in decline for the past 10 years, there are reasons to anticipate an increased utilization of

3234-402: The CEO role often face similar challenges including: According to researchers Miles and Bennett, just knowing these common pitfalls can help a COO "heir" better prepare for the transition, thereby avoiding them in totality or ensuring that at least they do not evolve into full derailers once they are in the CEO seat. Because the COO is often responsible for serving as an information conduit to

3332-446: The CEO, it is essential that the relationship between COO and CEO be a positive one. Trust is the most important ingredient necessary for a CEO-COO relationship to thrive. The CEO must have full confidence that the COO is not making direct passes for their job, can get the work done, and shares their vision (rather than using their trusted spot and access to information to undermine the CEO's strategy or implement his/her own vision). When

3430-492: The CEO. Lloyd E. Reuss was president of General Motors from 1990 to 1992, as the right-hand man of chairman and CEO Robert C. Stempel . Stempel insisted on naming Reuss as company president in charge of North American operations, the board reluctantly agreed but showed their displeasure by not giving Reuss the title of COO. Richard D. Parsons was number two in the company hierarchy during his tenure as president of Time Warner from 1995 to 2001, but he had no authority over

3528-470: The COO to develop his or her own voice, independent of the CEO. Any breakdown in trust between the CEO and COO can lead to failure. Additionally, the COO typically has to be a high-level leader who is comfortable being fully in charge. Many executives with the leadership skills necessary to be a top-level COO would prefer to be running their own organization as opposed to taking orders from a CEO. For COOs who are expecting to serve their time and be promoted to

3626-759: The Clinton campaign began a $ 2 million television advertising buy in Iowa and New Hampshire. The ads featured footage of Clinton's late mother, Dorothy Rodham , and of Clinton herself, and featured women, family, and children. In a review of Clinton's 32 general election TV ads, the Associated Press found that 24 of those ads show or mention Trump. The majority of those 24 ads feature raw footage of him rather than others opining on his words and actions. Clinton focused her candidacy on several themes, including raising middle class incomes, expanding women's rights, instituting campaign finance reform, and improving

3724-564: The Clinton campaign's pairing with the national party before the nominee was officially selected. By comparison, the 2008 campaign's fund was not started until June of the election year, and as of February 2016, the Republican National Committee had not established a joint fundraising committee with its candidates. Some states were hesitant to join the fund, which might have appeared as a Clinton endorsement and alienated local donors, but national party officials described

3822-548: The Clinton campaign. The Sanders joint fundraising committee, the Bernie Victory Fund, was headed by the national committee's chief financial officer, and its only funding was a $ 1,000 donation from the national committee. As of March 2016, the Sanders campaign financed itself completely through small donations and was potentially uninterested in the Victory Fund coffers if nominated. In May 2016, Politico analyzed Federal Election Commission filings and found that

3920-518: The Clooneys' mansion had an entrance fee of $ 33,400 per person. (For comparison, other Clinton fundraisers without celebrities asked hosts to raise $ 10,000 to $ 50,000.) Attendees at the Clooney mansion event included Kate Capshaw and Steve Spielberg , Jeffrey Katzenberg , and Haim and Cheryl Saban . Following the national committee's decision to end its 2008 ban on federal lobbyist contributions,

4018-466: The Common Core started off as a bipartisan effort. It was actually nonpartisan. It wasn't politicized.... Iowa has had a testing system based on a core curriculum for a really long time. And [speaking to Iowans] you see the value of it, you understand why that helps you organize your whole education system. And a lot of states unfortunately haven't had that, and so don't understand the value of

Hillary Victory Fund - Misplaced Pages Continue

4116-656: The DNC, Hillary Victory Fund, and Hillary for America was the reason that the DNC chair "couldn't write a press release without passing it by" Clinton's campaign staff. This Agreement was signed in August 2015, which was before Brazil became DNC interim chair. Under the Agreement, Clinton would control the DNC's finances, strategy, and all money raised. Also, the DNC would consult with the Campaign about all other staffing, budgeting, data, analytics, and mailings. In December 2017,

4214-420: The Democratic National Committee (up to $ 33,400) and finally divided among state parties. During the primaries, the state parties received little of the funds raised. The Bernie Sanders campaign criticized the Fund and alleged that Clinton's campaign was "looting funds meant for the state parties to skirt fundraising limits on her presidential campaign." The Clinton campaign courted state party leaders to join

4312-539: The Democratic National Committee. The campaign said that the state parties and other party campaigns would benefit from the agreement in a time when Republicans received donations in "record amounts". The campaign saw itself as competing with "untold hundreds of millions of dollars being spent with zero accountability by super PACs ". The Hillary Victory Fund let the Clinton 2016 presidential campaign ask big donors for over $ 350,000 apiece per calendar year, or $ 700,000 from married couples. American presidential campaigns have

4410-540: The Democratic electorate, which had not turned out in large numbers for primaries. Clinton began the campaign with near-universal name recognition among voters, having been First Lady, U.S. Senator, and Secretary of State. When Clinton campaigned she identified local issues of interest to the Democratic voters of each state she visited. For example, in Mississippi, she expressed her concern about lead levels in

4508-408: The Fund and the national committee received $ 5.7 million. Most of the $ 23.3 million expended directly by the Hillary Victory Fund has gone to activities that directly benefit the Clinton campaign, such as $ 2.8 million for staffing costs and $ 8.6 million in web advertising. These ads were run by the same company used by the Clinton campaign. Politico reported state party officials as being unhappy about

4606-505: The Fund during the August 2015 Democratic National Committee summer meeting. The fund's launch was originally delayed by concerns from the Clinton campaign over the party's control of shared monies, but went forward on September 10, 2015, as a partnership between the Clinton campaign and the United States Democratic Party's Democratic National Committee. The fund was the earliest fundraising coalition formed between

4704-632: The General Election and not the Democratic Primary." In the debate between Sanders and Clinton in New Hampshire prior to the New Hampshire primary Clinton, objecting to the inference that campaign contributions or speaking fees from the financial sector would influence her political decisions, characterized Sanders' references to her Wall Street connections as a "'very artful smear' campaign." He responded by saying, "It's

4802-588: The Hillary Victory Fund spent $ 800,000 on fundraising and Clinton campaign staff salaries, gave $ 600,000 to the Democratic National Committee, and left $ 1.75 million to be distributed. More than $ 4 million of the fund went to direct mail and online fundraising for small contributions. Much of this material resembled Clinton campaign materials and used the campaign slogan. The Hillary Victory Fund spent $ 6.4 million on operations in 2015, of which two-thirds went to Clinton campaign-affiliated vendors in Washington, D.C. By

4900-753: The United States as the wife of Bill Clinton from 1993 to 2001. She was defeated in the general election by the Republican candidate, businessman Donald Trump . Clinton announced her candidacy in a YouTube video on April 12, 2015. Clinton's main competitor in the 2016 Democratic primary election was Vermont Senator Bernie Sanders . She received the most support from middle aged and older voters, as well as from African-American, Latino and older female voters. She focused her platform on several issues, including expanding racial, LGBT , and women's rights, raising wages and ensuring equal pay for women, and improving healthcare. The Associated Press declared Clinton

4998-415: The United States . Clinton ran as the Democratic Party's candidate for president, in which she became the first woman to win a presidential nomination by a major U.S. political party. An experienced politician, Clinton served as the 67th United States secretary of state in the administration of Barack Obama from 2009 to 2013, a U.S. senator representing New York from 2001 to 2009, and the first lady of

SECTION 50

#1732782535909

5096-504: The United States as "shameful" and "dangerous". She also claimed Trump's statement was "a reflection of much of the rest of his party", as "many GOP candidates have also said extreme things about Muslims." Clinton told the American Israel Public Affairs Committee , "America can't ever be neutral when it comes to Israel's security and survival." Clinton campaign strategists reportedly believed that

5194-458: The article, a campaign spokesman said that "it would be misleading, at best, to conflate donations to a philanthropy with political giving.... And regarding the campaign contributions, the breadth and depth of their support is a testament to the fact that they have both dedicated their lives to public service and fighting to make this country stronger." As the Post article pointed out, fundraising for

5292-404: The board allows the board to better understand and independently judge a potential successor. A strong relationship between the board and the COO also offers the board an additional expert opinion on the health of the company, and status of key initiatives. It benefits the CEO to allow such a relationship to form because it reflects confidence and fosters transparency. It also reinforces that the CEO

5390-401: The challenges of the COO position: "The relationship between the chief executive officer and the chief operating officer in any organization is fraught with many psychological complexities. Perhaps it is the most difficult of all organizational working relationships because more than others, it is a balancing act on the threshold of power.". Nathan Bennett and Stephen A. Miles have researched

5488-466: The chief operating officer, reported to the president on corporate strategy while continuing to report to the CEO on all other matters including corporate development, Analytics, Technology, Marketing, Innovation, human resources, regulatory and public affairs, global resourcing and procurement, and the global program office. At the World Bank , the president outranks the other executives including

5586-480: The climate of unlimited campaign contributions following the Supreme Court's Citizens United decision , Clinton called for a constitutional amendment to limit "unaccountable money" in politics. In July 2016, she "committed" to introducing a U.S. constitutional amendment that would result in overturning the 2010 Citizens United decision. On social issues, Clinton explicitly focused on family issues, particularly universal preschool . Clinton also prioritized closing

5684-425: The day after Clinton. Some Democrats saw the proximity of Clinton's campaign announcement to Rubio's as advantageous, as Clinton's announcement might overshadow Rubio's. Clinton's campaign logo was unveiled on April 12, 2015, featuring a blue H with a red arrow through the middle. Clinton began her campaign by making short trips to early primary and caucus states. Immediately following her announcement, she made

5782-410: The end of 2015, $ 3.24 million went to Clinton's campaign and $ 4.13 million went to the national committee. Of the latter, the state parties were due to receive $ 1.8 million, but the funds were redirected to the national committee to pay off outstanding debt. Clinton staff salaries and overhead were paid $ 1.5 million out of the fund in 2015. The fund also ran Clinton's online merchandise store. Purchases at

5880-582: The environment, rather than focusing on short-term profits to increase stock value and rewarding shareholders; increasing collective bargaining rights; and placing an "exit tax" on companies that move their headquarters out of America in order to pay a lower tax rate overseas. Clinton opposed the Trans-Pacific Partnership (TPP) , supported the U.S. Export-Import Bank , and stated that "any trade deal has to produce jobs and raise wages and increase prosperity and protect our security". Given

5978-401: The executives who reported to him then reported directly to the CEO. In 2007, the investment banking firms of Bear Stearns and Morgan Stanley each had two presidents (Warren Spector and Alan Schwartz at Bear, Robert Scully and Zoe Cruz at Morgan) reporting to one CEO (who was also chairman of the board); each president was essentially a co-COO (despite the lack of title) overseeing half of

SECTION 60

#1732782535909

6076-423: The firm's business divisions. Schwartz became sole president of Bear after Spector was ousted, and several months later assumed the position of CEO as well when James Cayne was forced to resign (Cayne remained chairman). Tom Anselmi of Maple Leaf Sports & Entertainment was chief operating officer from 2004 until September 6, 2013. Between the departure of Richard Peddie and the hiring of Tim Leiweke for

6174-429: The fund as "a way to strengthen the party at its roots". Clinton's opponents in the Democratic presidential primary complained of lack of impartiality on the part of the national committee. While some Democrats questioned the strategy of joint fundraising, when Republican super PACs were outpacing Clinton's campaign in fundraising, the chairman of the New Hampshire state party said that it was never too early to prepare for

6272-413: The fund was "legally available to any Democratic candidate", though only Clinton's campaign received direct access to large donors. A spokesperson for the Democratic National Committee said that the joint fundraising committee was designed to raise funds for use after the presidential primary, and was no different from the victory funds of the previous two presidential elections. Proceeds would be invested in

6370-584: The fund. The fund held a second event, hosted by Elton John and Katy Perry in Radio City Music Hall , in early March 2016. George and Amal Clooney hosted a third fundraiser on April 15, 2016, in the Bay Area home of venture capitalist Shervin Pishevar for the Hillary Victory Fund in which seats at the head table with the Clooneys and Clinton cost $ 350,000. A fundraiser the next day at

6468-612: The gains and move ahead. On June 15, 2015, South Carolina Senator Clementa C. Pinckney , who had campaigned for Clinton earlier that day, was murdered along with eight others in the Charleston Church shooting . Clinton postponed campaign activities to join President Barack Obama , Vice President Joe Biden , and other dignitaries at Pinckney's funeral in Charleston on June 26, 2015. In August 2015,

6566-698: The general election. The Washington Post reported in February 2016 that the Clinton campaign had received much of the fund's benefits despite its intended use in state party elections. The newspaper added that the early organization of the fund was a demonstration of the campaign's maximization of big donor support. As the Clinton campaign fought off fellow primary candidate Bernie Sanders, the fund recruited new, small donors—a strategy that campaign finance attorneys described to The Washington Post as "unusual," since joint fundraising committees normally focused on large donors and posh events. A former general counsel of

6664-607: The most in favor of her running again, Chelsea Clinton leaning towards it, but several of her closest aides against it. She reportedly studied Obama's 2008 campaign to see what had gone right for Obama as compared to her own campaign. Not until December 2014, around the time of the Clintons' annual winter vacation in the Dominican Republic , did she say she decided for sure that she would indeed run again. According to nationwide opinion polls in early 2015, Clinton

6762-522: The national electoral roll , state party budgets, and expanded research, digital, and communications systems. The fund raised about $ 27 million in 2015 and received "six-figure donations from longtime Clinton allies". Hillary Clinton attended her first Hillary Victory Fund event in early December 2015 with 160 attendees. The musician Sting hosted the event in New York. Tickets ranged from $ 33,400 per person to $ 100,000 per couple, and raised $ 8 million for

6860-406: The next day suggesting that the current negotiations should be abandoned unless improved. The campaign said more than 5,500 people were in attendance, but estimates of crowd size by the press in attendance were less. According to John Cassidy, staff writer at The New Yorker , Clinton, up to a point, took a populist tone: While many of you are working multiple jobs to make ends meet, you see

6958-698: The office of the chairman in May 2004 and departed in June 2005 with a severance package of $ 80 million, making Gregory the sole COO. While Fuld was considered the "face" of Lehman brothers, Gregory was in charge of day-to-day operations and he influenced culture to drive the bottom line. Gregory was demoted on June 12, 2008, and replaced as president and COO by Bart McDade , who had been serving as head of Equities, and McDade would see Lehman through bankruptcy. Thomas W. LaSorda served as president and CEO of Chrysler from January 1, 2006, to August 5, 2007, while Chrysler

7056-408: The operating divisions, and instead took on assignments at the behest of chairman and CEO Gerald Levin . Michael Capellas was appointed president of Hewlett-Packard in order to ease its acquisition and integration of Compaq , where Capellas was previously chairman and CEO. Capellas ended up serving just six months as HP president before departing. His former role of president was not filled as

7154-427: The position in the future, including: The role of the COO differs from industry to industry and from organization to organization. Some organizations function without a COO. Others may have two COOs, each assigned to oversee several business lines or divisions, such as Lehman Brothers from 2002 to 2004 when Bradley Jack and Joseph M. Gregory were the co-COOs. A COO could also be brought in from other organizations as

7252-415: The position is used as a training and testing ground for the next CEO. A 2003 Crist Associates study revealed that only 17% of companies that promote a COO to a CEO replace the COO within the next year. An Accenture study found that approximately one in nine COOs moved into the CEO's shoes within a year of their departure and that half of COOs see themselves as the "heir apparent." COOs transitioning into

7350-410: The position may be appointed by the board of directors . Unlike other C-suite positions, which tend to be defined according to commonly designated responsibilities across most companies, a COO's job tends to be defined in relation to the specific CEO with whom they work, given the close working relationship of these two individuals. The selection of a COO is similar in many ways to the selection of

7448-479: The posts of president and CEO, Anselmi added the title of president from September 4, 2012, to June 30, 2013, however he remained COO and did not receive the title of CEO. Richard Fuld , the chairman and CEO of Lehman Brothers , had a succession of "number twos" under him, usually titled as president and chief operating officer. Chris Pettit was Fuld's second-in-command for two decades until November 26, 1996, when he resigned as president and board member. Pettit lost

7546-525: The president and COO titles for separate roles. From June 5 until September 30, 2017, Rocco "Roy" Gori served as president where he oversaw Manulife's global operating businesses, with his subordinates being the general managers of the Canadian, U.S., and Asia Divisions, and the chief investment officer. Gori reported to chief executive officer Donald Guloien before additionally assuming the title of CEO on October 1, 2017, upon Guloien's retirement. Linda Mantia,

7644-453: The president and COO titles in varied ways for their number two executive. Ron W. Miller was president from 1978 to 1984, while serving additionally as CEO for 18 months from 1983 to 1984. Frank Wells was president from 1984 to 1994, where he reported to the board of directors and not chairman and CEO Michael Eisner . When Wells died in a helicopter crash, no replacement president was named as his duties were resumed by Eisner. Michael Ovitz

7742-660: The press during the first month of her campaign. During her visits to early primary and caucus states, she did not hold any formal press conferences , and did not participate in any media interviews. On May 19, 2015, after 28 days, Clinton answered some questions from reporters at an event in Cedar Rapids, Iowa. Clinton's campaign announced she would make additional stops in Florida, Texas, and Missouri in May and June. Clinton held her first major campaign rally on June 13, 2015, at Franklin D. Roosevelt Four Freedoms Park on

7840-503: The proper management of resources , distribution of goods and services to customers and analysis of queue systems is conducted. Despite the functional diversity associated with the role of COO, there are some common functions the COOs usually perform: Routinely in large organizations the COO will be the heir apparent to the CEO. Individuals may have worked their way (internally) up the company ladder before being named COO, or may have been recruited from an outside company. Either way,

7938-660: The same technological tools that were used in Barack Obama's presidential campaign of 2012 and 2008 . A team of over 50 engineers and developers previously with Google , Facebook , and Twitter was hired. The campaign used Timshel 's The Groundwork platform for organizing data generated by mass e-mail programs, tracking donors, and analyzing marketing databases. In October 2016, the Clinton campaign had 489 field offices compared to Trump's 178. For context, Obama had 786 and some reports over 800 national field offices in 2012. Political science research suggests that there

8036-419: The southern tip of New York City 's Roosevelt Island . In her speech, Clinton addressed income inequality in the United States , specifically endorsed universal pre-kindergarten , paid family leave , equal pay for women, college affordability, and incentives for companies that provide profit sharing to employees. She did not address free trade agreements during the kickoff speech, but made statements

8134-465: The state parties retained less than one percent of the $ 61 million raised by the Hillary Victory Fund. While $ 3.8 million had been transferred to the state parties, 88 percent of it was transferred back to the national committee, usually within 1–2 days, by the Clinton staff member who led the Fund. This let the national committee intake money from individuals beyond the limit they could receive from individuals directly. The campaign received $ 15.4 million of

8232-452: The store did not count towards contribution maximums. Paul Blumenthal, a political reporter for The Huffington Post noted that the super joint fundraising committee was unusual. Candidates did not normally agree to joint fundraising until after securing the nomination. It was also the first fundraising committee since the 2014 fundraising law changes. The New York Times reported that some state party officials "expressed reservations" at

8330-413: The top spot, their timelines for such a move can often be out of sync with the CEO's, causing a breakdown in the relationship. COOs can also find themselves trapped into being labeled an "operations" person or a "number two" as opposed to being seen as a strategic and top-level leader by the board of directors, which causes some executives to steer clear of the position. Harry Levinson effectively summarized

8428-484: The top twenty-five hedge-fund managers making more than all of America's kindergarten teachers combined. And often paying a lower tax rate. So, you have to wonder, 'When does my hard work pay off? When does my family get ahead? When?' Prosperity can't be just for C.E.O.s and hedge-fund managers. Democracy can't be just for billionaires and corporations. Prosperity and democracy are part of your basic bargain, too. You brought our country back. Now it's time—your time—to secure

8526-633: The upcoming primary and general election campaigns. In October 2016, leaked excerpts from a Goldman Sachs Q&A session cast doubts about her support for the 2010 Dodd–Frank financial oversight legislation. Anticipating a future run, a "campaign-in-waiting" began to take shape in 2014, including a large donor network , experienced operatives , the Ready for Hillary and Priorities USA Action campaign political action committees (PACs), and other campaign infrastructure . By September 2013, amid continual political and media speculation, Clinton said she

8624-573: The water in Jackson, the capital, where it was a major issue. Over the course of her campaign, Clinton emphasized her experience and record in public life, particularly as U.S. Secretary of State . Clinton also emphasized "the need for calm, steady, experienced leadership in the White House" in times of uncertainty, as well as the need to maintain the U.S.'s alliances across the Atlantic and

8722-499: The world. Clinton has had an uneasy, and at times adversarial relationship with the press throughout her life in public service. Weeks before her official entry as a presidential candidate, Clinton attended a political press corps event, pledging to start fresh on what she described as a "complicated" relationship with political reporters. Clinton was initially criticized by the press for avoiding taking their questions, after which she provided more interviews. Clinton had access to

8820-468: Was considered as a potential challenger to Clinton, for being a "progressive champion". Warren decided not to run for president, despite pressure from some progressives . The Clinton campaign had planned for a delayed announcement, possibly as late as July 2015. On April 3, 2015, it was reported that Clinton had taken a lease on a small office at 1 Pierrepont Plaza in Brooklyn , New York City . It

8918-419: Was considered the front-runner for the 2016 Democratic presidential nomination. She had gained a broader sweep of early endorsements from the Democratic Party establishment in the 2016 race than she did in 2008, although she did face several primary election challengers , and, in August 2015 Vice President Joe Biden was reported to be seriously considering a possible challenge to Clinton. Clinton had

9016-428: Was considering a run but was in no hurry to decide. In late 2013, Clinton told ABC 's Barbara Walters that she would "look carefully at what I think I can do and make that decision sometime next year"; and told ABC's Diane Sawyer in June 2014 that she would "be on the way to making a decision before the end of the year." While many political analysts came to assume during this time that Clinton would run, she took

9114-521: Was owned by Daimler-Benz . When Cerberus Capital bought majority control of Chrysler, Bob Nardelli was appointed chairman and CEO of Chrysler, while LaSorda became vice chairman and president. Despite the appointment of a second vice chairman and president, Jim Press , LaSorda stayed on. LaSorda's titles as vice chairman and president officially stated that he was in charge of manufacturing, procurement and supply, employee relations, global business development and alliances. However, LaSorda's actual role

9212-436: Was president from 1995 to 1997, being hired by Eisner and then dismissed not long afterwards. Bob Iger was president and COO from 2000 to 2005, when he succeeded Eisner as CEO. Thomas O. Staggs was COO from 2015 to 2016, during that time the senior executive team had a dual reporting structure to both Staggs and Iger; Staggs resigned after the board did not give him assurances that he would succeed as CEO. Manulife has used

9310-476: Was talk of her running again in 2012 or 2016. After she ended her tenure as Secretary of State in 2013, speculation picked up sharply, particularly when she listed her occupation on social media as "TBD". In the meantime, Clinton earned over $ 11 million giving 51 paid speeches to various organizations, including Goldman Sachs and other Wall Street banks. The speeches, and Clinton's not releasing their transcripts, would be raised as an issue by her opponents during

9408-426: Was the campaign's chief operating officer , Elizabeth Jones, who had the sole discretion for the timing of money transfers. The Washington Post wrote that the fund operated within the Clinton campaign and was run by campaign staff, who were, in turn, funded by the Hillary Victory Fund. Money raised by the Fund was deposited with Amalgamated Bank, a union-owned bank that also hosted accounts of Hillary for America and

9506-491: Was to find a new partner or buyer for Chrysler, leading to speculation that Cerberus Capital was less interested in rebuilding the auto manufacturer than it was to turning profit though a leveraged buyout . Research in Motion 's corporate structure had more than one COO, including Jim Rowan as chief operating officer for global operations, and Thorsten Heins as COO of products and sales. The Walt Disney Company has used

9604-631: Was widely speculated that the space would serve as her campaign headquarters. On April 12, 2015, Clinton released a YouTube video formally announcing her candidacy via email . She stated that, "Everyday Americans need a champion. And I want to be that champion." The week following her announcement, she traveled to early primary states, such as Iowa and New Hampshire. Clinton was the third candidate with support in national polls to announce her candidacy, following Republican Senators Ted Cruz of Texas and Rand Paul of Kentucky , while Florida Senator Marco Rubio announced his candidacy on April 13,

#908091