Word: bonuses
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Dates: during 1960-1969
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...contractor, which ones have to be speeded up to keep the project on schedule, and what the effect of speedups or delays would be on costs. And in a contract recently signed with RCA for the SAINT satellite-inspection system, the Air Force stipulated that RCA gets a bonus if the system is completed on schedule, lower profits if failures mount...
...stereo comes close to equaling London's celebrated stereo recording of Das Rheingold. The sound of the orchestra is glowing and massive, and Nilsson's voice soaring through it and over it is a delight. For those anxious to peek behind the scenes, London has included a bonus recording of a rehearsal explaining how it was done...
...Spurning pro football offers, Ole Miss's All-America Quarterback and Third Baseman Jake Gibbs signed with the New York Yankees for a $100,000-plus bonus. It was the largest bonus ever paid by the Yankees, topping the old record of $75,000 paid to Pitcher Ed Cereghino in 1951. Cereghino was a flop...
Baseman Steve Boros, a $25,000 bonus baby from the University of Michigan, leads the Tigers with a .339 batting average, is a strong candidate for Rookie of the Year. To balance his youngsters, Scheffing relies on a hard core of able, steady Tiger veterans: Outfielder Kaline, Shortstop Chico Fernandez, Pitchers Frank Lary and Don Mossi. For the first time in years, the Tigers have strength to spare. Reserve Outfielder Charley Maxwell hit 24 home runs in 1960, and second-string First Baseman Larry Osborne led the American Association in batting...
INCOME CUT was taken by Ford Motor Chairman Henry Ford II last year because of lower company profits. Ford was paid $462,500 in salary and bonus, down from $485,000 in 1959. Former president, now Defense Secretary Robert S. McNamara, was second-highest paid, with...