The Oscars for business.
That was how some attending the third annual CNBC Executive Leadership Awards gala at the Pierre Hotel in New York City Wednesday night described the event. More than 300 members of the business community donned gowns and tuxes to honor those executives who have shown exemplary leadership, inspiration and innovation in the past year, and pay special tribute to legendary Federal Reserve Board Chairman Alan Greenspan.
The former Fed chief, who also happened to be marking the one-year anniversary of his retirement, commended his successor in his acceptance speech.