Word: boardroom
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Dates: during 1970-1979
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...Sarnoff, chairman of the RCA Corp. and son of its redoubtable longtime chief Brigadier General David Sarnoff, quit his $326,000-a-year post after the corporation's directors refused his request for a salary boost (TIME, Nov. 17, 1975). The event had all the earmarks of a boardroom putsch. Since 1971, when RCA absorbed a $490 million pretax loss in selling off the computer business that had been Bobby Sarnoff s brainchild, there had been widespread rumors about various directors' dissatisfaction with their chairman...
...forbidding figures with brisk confidence. He expertly handled hours of briefings for officials and newsmen. He rarely had to refer to his notes or call on his aides. Ford not only knew his budget, he felt it, found romance in the balance sheets. There was a kind of boardroom eloquence about the President in this environment, moving from table to chart, talking of dollars and sense. Even those who disagree philosophically with Ford admitted that he had done a masterly job of presenting his case. One old budget bureaucrat who has seen Presidents come and go said...
...people to "turn from their wicked ways" (II Chronicles 7:14). Some in the startled crowd recall him saying, "The company is now in God's hands." One executive wondered if Goshorn had "wigged out." In fact, behind Goshorn's sudden move lay a convoluted tale of boardroom intrigue and a business slump that the chiefs faith has yet to reverse...
...Dowson, a onetime R. A.F. pilot, Tupelo, Miss, disk jockey and Davis protege, whom Sir John last October promoted from deputy chief to chief executive. Dowson rapidly concluded he would never have real authority as long as Sir John was around. Finding himself unable to challenge Davis in a boardroom battle, he apparently decided to opt for a lucrative early retirement by taking on Sir John in a bedroom farce...
They can also set their own interviewing style. One alumnus who was an executive at U.S. Steel, used to hold interviews in the company's boardroom. At one end of a huge oak table would sit four or five interviewers, at the other the interviewee...