Word: bonuses
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Dates: during 1960-1969
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Ordinarily, General Motors Chairman Fred Donner keeps his wit to himself. Last week, after Donner and G.M. President James M. Roche delivered their annual state-of-the-company report to stockholders, the chairman was needled by critics about the size of his salary and bonus (a total $790,000 last year...
Donner coolly noted that the bonus fluctuates with his company's fortunes but that the salary, alas, hasn't changed from its $200,000 annually in almost nine years. "So I have the distinction of being the only employee without a pay raise since 1958." While the stockholders laughed, Donner added: "But I'm not complaining...
Richard Milhous Nixon, 54, hardly fits that description, but he is the man who is best equipped to unite the party. He already has a strong hold on the South-and thanks to a bonus rule adopted at the 1964 G.O.P. Convention, giving extra delegates to states that went for Goldwater or elected a Republican Governor or Senator, the South will have more votes than any other section at the convention (356 v. 355 for the East, 352 for the Midwest, 262 for the West, eight for Puerto Rico and the Virgin Islands). Nixon could well enter the convention with...
NASA was so impressed that it hired McDonnell to build the Gemini capsule without even asking for competitive designs. So flawless was Gemini's performance that it completed nine of the ten manned missions precisely as planned and McDonnell collected a $25 million bonus. "McDonnell's engineers always seemed to be on top of the problem," says NASA Flight Director Chris Kraft. As often as not, Mr. Mac himself would turn up at Cape Kennedy for a 3 a.m. breakfast with departing astronaut crews. To help him recall who was who, he invariably carried a small black notebook crammed with...
...small fragile flankers in the pros. Further, Mike Holovak is second only to B.C. hockey coach Snooks Kelley in his reliance on local products (it was the Patriots who also drafted Davis). If Leo can do anything for the team--and Boston has a notoriously weak receiving corps--the bonus of attracting Harvard followers to Patriot games will tip the scales in his favor. Making the team won't be easy, but after three months of uncertainty and answering questions over and over, Bobby Leo looks forward to the challenge...