Colin Powell: Four Star Ceo?

He may not have the fire in his belly to mount a Presidential drive. But Corporate America is hoping that a tingling in his wallet may yet drive Colin L. Powell into a boardroom career. Powell's Nov. 8 decision to forgo a White House run disappointed admirers, including many business leaders. But that has only fueled a new frenzy among others who are angling to convince the former general to carve out a private-sector career. "He's a hot property," says former Reagan Administration personnel czar E. Pendleton James, who heads a New York executive search firm. "There isn't a corporation in America today that wouldn't love to have Powell sit at their table."

To continue reading this article you must be a Bloomberg Professional Service Subscriber.