Word: ashe
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Dates: during 1970-1979
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...Organization is policy," says Roy Ash, former president of Litton Industries and new director of the Office of Management and Budget. Apparently Richard Nixon agrees. He has taken the advice of Ash and a council he headed that the Government should be reorganized to make it more responsive to presidential command. Though Congress failed to act on Nixon's larger plans-to merge six Cabinet departments into four-the President has gone right ahead and created a super-Cabinet by Executive order. The effort is receiving mixed reviews-as a laudable effort to streamline Government, or as a worrisome...
...task of making the reorganization work falls, appropriately, on Roy Ash, who will manage not only the federal budget but the entire Executive Branch. In this post, he ranks with the other big four of the super-Cabinet: H.R. Haldeman, White House chief of staff; Ehrlichman; Henry Kissinger; and George Shultz, Adviser for Economic Affairs. Whether Ash is the man to fill this awesome job has become a matter of debate. At issue in the first place is his management of Litton, whose profits fell from a lackluster $50 million in fiscal 1971 to only $1.1 million last year...
...overgrown tangle of New Frontier and Great Society programs, many of which are not working the way they were supposed to. His philosophy: "Money isn't the essential element in improving social conditions throughout the country." A man of similar outlook succeeds Weinberger as budget chief. Roy Ash, president of embattled Litton Industries, is charged with applying the latest management methods to Government spending-which means, essentially, spending less. Says a White House staffer: "Ash is going to take a look at the legislation, what its intent was and how it's working. This is going...
...restless, indefatigable man with a flair for statistics and corporate buzz words, Ash is similar to McNamara in many ways. He is an immaculate "clean-desk" administrator who reads three papers a day, believes that everything can be solved when all the facts are known, and has little patience with men who do not perform. He has little time for small talk and even less for social pretension-he still drives to work in a station wagon and wears shiny California suits. The father of five, Ash once applied his business instincts to a long family vacation in Europe...
...energy and inventiveness helped make Litton the pioneer in the conglomerate field. Thornton and Ash founded the company in 1953 with a $1.5 million loan. Today, though shaky, Litton is the 35th largest industrial company in the U.S. and the nation's eleventh largest defense contractor. But since the stock had dropped to 13¾ (it once was 120⅜), Ash's holdings in Litton are worth only $3,000,000; his total personal assets come to about $9,000,000. He announced last week that his Litton stock would be sold and the proceeds placed...