This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Getting a Charge From Emerson Electric and Its CEO

NEW YORK ( TheStreet) -- In my formative years I was often told to "mind my manners" and "watch your mouth, young man." Thankfully I was born after the era where children had their mouths washed out if something perceived as "dirty" came out of them.

It seems unfair to vilify leaders who are rash or pungently candid. French author Jules Verne (1828-1905) wrote in his triumphant book "Around the World in 80 Days," "It may be taken for granted that, rash as the Americans are, when they are prudent there is good reason for it."

Perhaps that is also true when the CEO of Emerson Electric (EMR - Get Report) decided to dispense with prudence and lambast those who see EMR as a one-trick pony. At a meeting earlier this month near Columbus, Ohio, David Farr, EMR's outspoken chief executive, reacted to the notion that his company is "one-dimensional."

In truth. EMR is a global, diversified technology company that excels at designing and supplying products and technology, and providing engineering services and solutions to the industrial, commercial and consumer markets. Farr doesn't want his company to be under-rated or misrepresented, and who can blame him? Isn't that what shareholders want as well?

The Wall Street Journal, in an article titled "Emerson CEO Raises Eyebrows By Unleashing His Salty Tongue," drew attention to a shareholder-friendly company that many investors want to own.

Farr, who has used profanity in public before, reacted to those in the media who insist on minimizing the capacities and dimensions of EMR. "If I see that in writing, one more g-- d-- time, I'm going to tear them apart."

No doubt the CEO was speaking figuratively, and he later apologized for the way he said what he said:

"I apologize for swearing. You guys p-- me off when you write that. You haven't figured that out. And I've been training real hard the last couple of years to kick your a--."

The 57-year-old CEO does look fit and like a force to be reckoned with. That's part of the reason why he's a very effective leader.
1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
EMR $54.63 -0.71%
AAPL $93.74 -1.15%
FB $117.58 0.73%
GOOG $693.01 0.29%
TSLA $240.76 -2.81%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs