georgia became a right to work state in 1947.
georgia became a right to work state in 1947.
when did georgia became a right to work state?
1947
in 1947 congress passed the labor management relations act of 1947, generally known as the taft–hartley act, over president harry s. truman's veto. the act repealed some parts of the wagner act, including outlawing the closed shop. section 14(b) of the taft–hartley act also authorizes individual states (but not local governments, such as cities or counties) to outlaw the union shop and agency shop for employees working in their jurisdictions. any state law that outlaws such arrangements is known as a "right-to-work state."
right-to-work law
gurgenidze is a career banker. after a decade spent at several investment banks in eastern europe and london. gurgenidze returned to his native georgia following the rose revolution and spearheaded, as executive chairman and ceo, the turnaround of bank of georgia. during lado’s three-year tenure bank of georgia’s total assets and net income increased by 854% and 1,779%, respectively. as its market share grew from 18% to 34%, bank of georgia became the leading universal bank in georgia and in the region, with market capitalisation exceeding us$900 million at the time of lado’s departure (up from us$30 million at the time of his arrival). under lado’s leadership bank of georgia became the first georgian entity and the second bank from former soviet union to list its shares on the london stock exchange (november 2006), also the first-ever georgian entity to issue international eurobonds (february 2007) and obtain credit rating from all three major rating agencies (standard & poor’s, moody’s and fitch ratings). during lado’s tenure, more than 100 institutional investors became shareholders of bank of georgia’s and the bank’s free float reached 94%. in 2000 gurgenidze established the first georgian full-service investment bank, galt & taggart securities, where he served as the chairman of the supervisory board (2004–2007). gurgenidze also served as the member of the supervisory board of the georgian stock exchange from 2004 until 2007. under lado’s management bank of georgia became the first georgian bank to receive euromoney award for excellence; bank of georgia was also named as the best bank in georgia by the banker in 2006 and 2007.
lado gurgenidze