Gateway Loses The Folksy Shtick
At Gateway's North Sioux City, S.D., offices, Chief Executive Theodore W. Waitt meets often and easily with everyone from the chief financial officer to rank-and-file workers. Even after building his personal-computer business from a two-person shop in his parents' barn to a sprawling $6 billion company, Waitt does much of his managing by strolling the hallways. In early June, he popped in on a team designing new self-help software called "Help Spot" and peppered it with questions. The 35-year-old CEO's verdict? "Cool. Keep it up," according to one of the team members.
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