Word: chairman
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Dates: during 1970-1979
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Larsen was a gracious, inquisitive and gentle man who accommodated himself to Luce's abrupt and sometimes difficult style. Said Time Inc. Chairman Andrew Heiskell: "Roy fitted himself to Luce's personality and complemented it totally...
...even with the bank borrowings lined up by Chairman John Riccardo and cost-cutting measures that have already saved $650 million, Chrysler will still face a cash shortage of $2.1 billion between now and 1982. The company has "some confidence," the report says, that it can raise $900 million, probably through further sales of assets and some breaks on wages, prices, and loans from its unions, suppliers and banks. But the remaining $1.2 billion will have to come from the Government in the form of an immediate loan guarantee of $500 million and a $700 million "contingency" loan guarantee because...
...members of Strauss's group were warmly welcomed by Egyptian government officials and private entrepreneurs. With advanced irrigation methods at the top of their priority list, the Egyptians applauded a promise by Charles Kuhn, chairman of Wylain Inc., a Dallas manufacturer of submersible pumps, to begin exporting some of his sophisticated gear to replace the ox-drawn pulleys widely used in rural areas. Samuel Miller, vice chairman of Forest City Enterprises Inc., a Cleveland-based homebuilder that makes low-cost housing units, is considering a joint venture with Egyptian Construction Magnate Osman Ahmed Osman to help alleviate Cairo...
...orange roofs and the Simple Simon weather vanes above them always seemed as American as, well, an 85? slice of Ho Jo's apple pie. But now the Boston-based Howard Johnson chain of restaurants and motor lodges is going British, at least in terms of ownership. Chairman Howard B. Johnson, 47, announced last week that an agreement in principle had been reached to sell the chain's 1,040 restaurants and 520 motor lodges to Imperial Group Ltd., a tobacco, food, beer and packaging conglomerate whose famous brands include Players cigarettes and Harp lager. The bundle from...
Howard Johnson grew out of a notions and ice cream shop founded with borrowed money in Quincy, Mass., in 1925 by Howard D. Johnson, the present chairman's father, who died seven years ago at 75. The business prospered largely on the strength of its butter-rich, multiflavored ice cream (calorie count: 160 for a rounded scoop of chocolate chip). Eager to expand but unable to raise much cash during the Depression, Johnson in the early 1930s became a pioneer in the practice of franchising (though today the company owns some 75% of its restaurants). Later the firm plunged...