Make us your home page

The Biz: $4.1-million can buy Dutkowsky a lot of bricks

$4.1-million can buy a lot of bricks for Dutkowsky

The spotlight turned on Tech Data CEO Bob Dutkowsky last week after Tech Data's shareholders voted overwhelmingly for an advisory vote on how the top brass is paid (also known as the "say on pay" issue). Dutkowsky's 2008 compensation totaled $4.1-million, including salary, bonus, restricted stock and options. Asked if he's worth it, Dutkowsky replied, "How do you answer that question?" He tried to answer it, pointing to the company's turnaround in the past year. Then the former Massachusetts resident shifted to more pressing topics, like the Celtics vs. Lakers matchup in the NBA Finals. Does he still cheer for the Celtics? "I have a brick from the original Boston Garden. My son Kevin gave it to me. He's named after Kevin McHale."

Three Kens and no Barbie

When it came to the battle of Florida banking giants (controlled by megabanks based out of state), it's been the Ken and Ken show for years. Ken Lewis, CEO of Bank of America and onetime Tampa banker, right, and his arch-rival also based in Charlotte, N.C., Ken Thompson, CEO of Wachovia Corp., left. Bank of America was No. 1 in Florida until Wachovia recently one-upped them. But it's Lewis who stood triumphant in the end as Thompson found himself unceremoniously removed as CEO a week ago. The Biz turned to a third famous banking Ken, Miami banking expert Ken Thomas, for some insights. To Thomas, "there is no more competitive situation that exists in American banking" than the two titans. "If your kids play soccer in Charlotte, they have to pick sides: Bank of America or Wachovia," he quips. Thompson's downfall, according to Thomas: Wachovia wanted so much to be a national bank like BofA that it overpaid for World Savings Bank to have a West Coast presence. And then came the subprime bust.

If they're Cuban meatballs?

More than 100 people from Tampa city officialdom jammed a into tent on a hot Wednesday for the Ikea store ground-breaking caught a glib Mayor Pam Iorio. "First, I'm glad we attracted a progressive retailer with the foresight to rent a tent with air conditioning," she said, then expressed hope that shoppers drawn there will venture a few blocks to dine in Ybor City. "No offense," she said, "but not everybody will want to eat Swedish meatballs" in the 300-seat Ikea restaurant.

He's selling (life) insurance

Dodridge D. Miller, below, CEO of the Sagicor Group of Companies, thinks Floridians are ready to buy life insurance from his 168-year-old company that's based in Barbados. From its offices on Boy Scout Boulevard in Tampa, Sagicor has started selling policies and is hiring agents to compete with insurance giants like MetLife and Prudential. Sagicor sells life insurance in 44 other states. "We're staying very far away from property insurance," Miller said recently. "We're the dominant insurance company in the Caribbean, and we see the U.S. has the opportunity in the middle market."

The Biz: $4.1-million can buy Dutkowsky a lot of bricks 06/07/08 [Last modified: Monday, November 1, 2010 10:42am]
Photo reprints | Article reprints

© 2017 Tampa Bay Times


Join the discussion: Click to view comments, add yours

  1. Trigaux: Florida, Tampa Bay lagging in growth of their startups

    Economic Development

    The annual assessment of how entrepreneurs are doing across the country is out from the Kauffman Foundation — among the best watchers of the nation's startup scene. How do Florida and Tampa Bay fare?

    Lured by financial incentives, startup GeniusCentral relocated from Manatee County in 2015 to St. Petersburg, promising to creatye 40 new jobs. It took downtown space in an appropriately creative workpace for entrepreneurs. It did not last there, later moving back to less expensive space in Manatee. A new Kauffman Index report on entrepreneurship found that Florida is a good place to launch startups but a tougher place to grow them.
  2. Pleasant dreams: sleep travel site gives high marks to Tampa airport


    TAMPA — Traveling might be considered closer to a nightmare than a dream for many. But that might be different for those who travel through Tampa International Airport. It was ranked the No. 3 overall best airport in North America by Sleeping in Airports, a travel site that tracks the best airports to catch some …

    Tampa International Airport was ranked as the No. 3 best overall airport by travel site Sleeping in Airports. | [Times file photo]
  3. Google parent leads $1B Lyft investment, deepening Uber rift


    SAN FRANCISCO — Google's parent company is throwing its financial support behind ride-hailing service Lyft, deepening its rift with market leader Uber.

    This  file photo shows a smartphone displaying the Lyft app.Google's parent company, Alphabet Inc., is throwing its financial support behind ride-hailing service Lyft, deepening its rift with market leader Uber. [Associated Press, 2016]
  4. ReliaQuest opens storefront in mock city of JA Biztown

    Economic Development

    TAMPA — ReliaQuest, a Tampa-based cybersecurity company, opened a "storefront" Wednesday at JA Biztown. The storefront is part of a mock city where students learn economic concepts and run businesses. About 20 real-life Tampa Bay companies sponsor storefronts that local students get to run for a day as part of a …

    ReliaQuest, a Tampa-based cybersecurity company, opened a "storefront" Wednesday at JA Biztown, a mock city where students learn to run businesses. | [MALENA CAROLLO, Times]
  5. Love My Dog owner promises to treat dogs like her own


    SOUTH TAMPA — Lots of folks daydream about quitting their jobs to play with dogs, but shortly after moving to Florida 15 years ago, Natalie Conner actually did it.

    Some happy customers at the grand opening of Love My Dog Pet Resort’s third location in South Tampa on Oct. 14.