Articles in regional publications that pertain to a wide range of North Carolina-related topics.
for Business North Carolina Vol. 25 Issue 4, Apr 2005
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Les Merritt, auditor for the state of North Carolina, seems to have the right background for the position. He is the first certified public accountant to be elected to the post. Serving as a Wake County commissions gave him grassroots political experience, and he has performed public audits as a partner in an accounting firm. Merritt was defeated in the 2000 election but came back to win in 2004.
Born outside the door of a drugstore in Boone, Joe Miller grew up to earn a degree in pharmacy and later owned the drugstore. In 1984, he began selling surplus art supplies in the drugstore. This line grew to such an extent that he had to choose between art supplies and pharmacy. He chose art. Cheap Joe's Art Stuff has grown into a 70-employee business that occupies a 50,000-square-foot building. Cheap Joe's sends an art supply catalog to 250,000 artists worldwide every year. In 2004, the business grossed around $20 million.
In the business community most of the CEO positions are filled by men. Of the fourteen Fortune 500 companies in North Carolina, only one has a woman CEO. Only three of the top seventy companies based in the state have female CEOs, and the state's top one hundred private companies list but two. Martin discusses reasons for this and lists women in the state who have the potential to make the top rung on the ladder.