Word: bosses
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Dates: during 1980-1989
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What are the mathematical odds that two brothers would head the archrival retailers Sears and Montgomery Ward? Put away the calculators; it will soon happen. In June, Bernard Brennan, 46, takes over as boss of Montgomery Ward, where he was once an executive vice president. His brother Edward, 51, has been chief operating officer of Sears since last August, and will succeed Chairman Edward Telling later this year...
...Roman Catholics, neither has been married before). "We're very proud to have Bruce Springsteen in our family," bubbled the rocker's mother-in-law-to-be. "We just couldn't be happier." Sounds like your basic down-to-earth family wedding. Ah, but who will be the Boss at home...
...deal was put together with such speed that even Murdoch was surprised. "It's hard to believe it began five weeks ago," he says. The transaction further cements a remarkable partnership between two self-made men, each long accustomed to being his own boss and acting accordingly. On one side of the table is Keith Rupert Murdoch, 54, perhaps the most feared and grudgingly admired press entrepreneur in the English-speaking world. On the other is Marvin Davis, 59, son of a New York dress manufacturer who wildcatted an oil fortune in the Rocky Mountains. The two offer a startling...
Zingy is not necessarily the first adjective many of Murdoch's employees would pick to describe their boss. Industrious, yes. After graduating from Oxford in 1953, Murdoch worked as a subeditor on the London Daily Express in order to learn the newspaper trade. Ambitious, yes. Once he had revitalized his father's papers, he quickly bought a string of other Australian dailies, then eventually hopscotched to London in 1969, when he acquired the Sunday scandal sheet News of the World, and the U.S. in 1973, when he purchased both the San Antonio Express and News...
...respect the editorial independence of the Times, Murdoch forced out Editor Harold Evans after a year of editorial and budgetary wrangling. He indulges a love for details, whether it is writing a headline for the Post or keeping in constant touch with his worldwide holdings by telephone. As a boss, he can be emotional, impulsive and demanding. "Murdoch runs a Byzantine court," says a former Sun-Times executive. "There is only one decision maker...