Exec

Former County Executive Robert Pascal has endorsed state Sen. Philip C.Jimeno, D-Brooklyn Park, in a close race for the District 31 Senate seat.Jimeno is vying with Delegate John R. Leopold, R-Pasadena, for the seat.Pascal, a Republican, served two terms as county executive, leaving office in 1982. He currently works as appointments secretary to Democratic Gov. William Donald Schaefer.In a letter to District 31 residents, Pascal said that Jimeno "has impressed me as a man of integrity and dedication.

In an often hostile exchange with congressional questioners, top tobacco company executives . . . insisted that nicotine was not addictive and said they remain unconvinced that cigarette smoking causes lung cancer, emphysema, heart disease and other life-threatening ailments.( -- Los Angeles Times"Gentlemen of the tobacco industry, thank you for coming. It's a beautiful Thursday morning and we'll try not to keep you too l. . .""Mr. Chairman, who says it's Thursday?""Yeah! Is that the AMA again?"

Thirty-two presidents and other senior-level executives from companies across the country teed off in the Presidents' Cup Golf Tournament at the spectacular Caves Valley Golf Club recently. They were joined by Chris Poindexter, chairman of Baltimore Gas & Electric Co. and the honorary chairman of the golfing fund-raiser for Union Memorial Hospital.William Ward, Ward Machinery; Tom Grey, Oak Contracting Corp; Mayo Shattuck, Alex. Brown & Sons; Jim Barnett, SCMI; Bruce Sawyer, Barton Cotton Inc.; Clark MacKenzie, MacKenzie/O'Conor, Piper & Flynn; George Hepburn, Dynasplint Systems Inc.; Richard Clarke, Marcor Environmental; T. Edgie Russell III, Twelve Knotts Limited Partnership; Joe Hardiman, NASDAQ; Dr. Shaw Wilgis, UMH Foundation; Tom Maddux, American Stone-Mix Inc.; Frank Riggs, Riggs, Counselman, Michaels & Downes; and Basil Laslett, Willse & Associates, were among the execs who paid $1,000 to participate.

An Exelon executive would run the business unit that would remain in Baltimore if the proposed merger between Constellation Energy Group and Exelon Corp. is approved, Chicago-based Exelon said Wednesday. Under the merger, Constellation Energy's growing retail and wholesale power-selling businesses, known as NewEnergy, would retain the Constellation brand name. Exelon's similar business in Pennsylvania would join the group in Baltimore. Kenneth W. Cornew, a senior vice president and president of Exelon Power Team, would become the combined company's executive vice president and chief commercial officer as well as chief executive officer of Constellation.

Frederic G. Lahourcade, an executive in the Baltimore office of Cadbury-Schweppes who briefly owned a downtown coffee shop, died of cancer Tuesday at his Lutherville home. He was 63. Mr. Lahourcade was born in Fort Knox, Ky., and raised in San Antonio. After earning his bachelor's degree in 1963 from Austin College in Sherman, Texas, he joined Procter & Gamble in Dallas as a salesman. In 1967, he was transferred to Baltimore with a promotion to unit manager for the company's paper products sales department.

NEW YORK -- Even now, when it appears that his network's association with baseball will come to an acrimonious end at the conclusion of the season, NBC Sports president Dick Ebersol can't help thinking and talking wistfully about the game he loved as a child.Ebersol, whose network begins its first and only regular-season package of Baseball Network telecasts tomorrow night, said the TBN concept could have worked."I will always believe that if the strike had not come, this thing would have been a big home run and the public would have loved it," said Ebersol, while meeting with a group of reporters yesterday during the network's annual preseason NFL seminar.

LESS THAN 24 hours after taking the oath of office to become Anne Arundel County's executive, Janet S. Owens learned her first lesson about running government: Surprises, most of them bad, come with the job.Before she had a chance to settle into her new office in the Arundel Center, the U.S. Supreme Court ruined her day. The court refused to hear an 8-year-old case involving how the county calculates overtime for paramedics.The court's decision means that the county government owes the paramedics back pay and interest totaling almost $4 million.

If you think the drama of NCAA tournament games is heart-stopping for players, coaches and short-term investors, try being a network executive who doesn't know whether his network will be on the air when the commercial ends.That's the situation that faced Rick Gentile, CBS Sports senior vice president of production a couple of years ago, just after the network bought up access to all 63 games, including the first-round contests.Gentile, who will serve as the tournament's executive producer when it opens Thursday afternoon, was sitting in a New York control room, moving parts of the country from the end of one game to another in a procedure called "flexing."

WASHINGTON - A top executive of American International Group Inc. has been granted a $4.3 million pay-package bump by the troubled insurance giant's majority owner - the U.S. government - because the executive has decided to remain with the company. Kenneth Feinberg, the Obama administration's pay czar, approved an AIG request to grant the executive a long-term compensation package that includes stock options with a current value of $3.26 million and an additional incentive award of up to $1 million on top of the executive's 2009 base salary of $450,000.

This is what you call fulfilling fidicuiary duty to shareholders. Last fall Olympus CEO Michael Woodford exposed a huge accounting scandal at the company, so it fired him. Today Reuters reports that the company "is suing its president and 18 other executives, past and present, for up to $47 million in compensation, as it struggles to recover from one of the nation's worst accounting scandals. " Why not? These are the guys who presided over the fraud and presumably benefited from it.