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Boss Files with Poppy Harlow

Peter Georgescu: From Political Refugee to CEO

Boss Files with Poppy Harlow

CNN

Business, Entrepreneurship

4.6538 Ratings

🗓️ 24 September 2018

⏱️ 43 minutes

🧾️ Download transcript

Summary

Once a political refugee, Peter Georgescu came to the United States in the 1950s and went on to build a storied business career, which included being CEO and chairman of the global advertising firm Young & Rubicam. He has lived the American Dream and is now calling on corporate America to do more to help narrow the income gap. Produced by Haley Draznin, CNN.To learn more about how CNN protects listener privacy, visit cnn.com/privacy Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

In this episode of Boss Files,

0:02.0

The future of America's best days in America that has inclusive prosperity, fairness, and justice.

0:10.0

That's what America's about.

0:12.6

That's what we'll bring back the American dream.

0:16.2

Peter Georgescu.

0:17.6

He's the former chairman and CEO of Young and Rubicamp. Today, his focus is on

0:22.6

inequality in America and the risks, he says, it poses. Born in Romania, he was separated

0:29.0

from his parents for years when the iron curtain fell and sent to a work camp with his brother

0:34.6

when he was just nine years old. The dramatic story of how he and his

0:39.3

brother ended up in America after President Eisenhower intervened. He lived the American dream

0:46.1

and now warns of the consequences of the growing opportunity gap. America doesn't really

0:51.5

understand the fact that we have two countries.

0:55.7

We have 20% or so of Americans where life is about as good as it gets.

1:01.7

And then we have the other America, half a mile away, maybe a couple miles away, another zip code.

1:06.7

And the people on the other zip codes can hear the music from the country club.

1:11.5

Why he says the private sector must step up and do more to fight inequality.

1:17.0

Despite the country's challenges, he has no doubt that America's best days are ahead.

1:22.8

Here's my conversation with Peter Georgescu.

1:26.0

Peter Georgescu, thank you so much for being here.

1:28.6

So nice to be with you.

1:29.7

Your reputation precedes you.

1:32.0

Your latest book is fascinating.

...

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