Sunday, May 13, 2007

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 Getting back into shape, the CEO way
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  Tim Gannon is 5-foot-11, 240 pounds and, as founder of Outback Steakhouse, he has a pretty good excuse to be overweight. He can also afford to be creative when in comes time to take off a few.

 
In 1999, Gannon lost 32 pounds in three months to win a bet for a $150,000 polo pony named Lechuza from Australian media tycoon Kerry Packer, a Las Vegas high roller and billionaire who died of kidney failure in 2005. To boost his chances of winning the wager, Gannon hired an Argentinean soccer coach as a live-in personal trainer, paying him $4,000 a month plus a $15,000 bonus representing 10% of Lechuza's market value.

 There are 127 million overweight Americans. CEOs are likely carrying their statistical weight. Theirs is a lifestyle of constant travel, open bars and schedules that leave little time for exercise. But as ...

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