Word: ceos
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Dates: during 1990-1999
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After Philip Schein, the CEO of U.S. Bioscience, told Wall Street analysts last November that regulatory approval for the firm's new cancer-therapy drug was imminent, there was a stampede to buy the company's stock. By Jan. 7, Bioscience's share price hit an all-time high of 85, before a 2-for-1 split at mid-month. But on Jan. 31 came a shocker: a Food and Drug Administration panel decided not to recommend approval of the new drug, known as Ethyol...
...four seniors were the core of the team, along with [junior] Liz Berkery," Kleinfelder says. The experienced coach spares no metaphors describing the field personalities of her four senior stars: "Buffy Hansen was the tiger--the extra spark on offense--while Leary was the CEO. Becky Gaffney was the general, and Ceci was the glue...
...Corporation also chose a new member, Richard A. Smith, age 67, to replace the late Gilette CEO Colman M. Mockler '52. Two other Corporation members, Robert G. Stone Jr. '45 and Charles P. Slichter '45, are approaching 70, the age at which members traditionally step down...
...sale, charging both unfair competition and a giveaway of American technological secrets. Not only is Thomson-CSF 60% owned by the French government, but so is Credit Lyonnais, the French bank that is the leading creditor for the Carlyle Group in the deal. As Martin Marietta chairman and ceo Norman Augustine puts it, "I can't compete with the deep pockets of the French government...
...albeit in wingtips with a military shine. He has backslapped and arm-twisted with the best of them, winning lucrative non-bid government contracts and appealing decisions he didn't like to higher, more malleable authorities, having loosened them up with huge gifts. Beneath Perot's white shirts and CEO bluster beats the heart of an insider who has been playing the game for 25 years...