Word: chairman
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Dates: during 1970-1979
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After departing Washington for his ranch and returning as a partner with his Houston firm, Vinson & Elkins, he joined the boards of six major corporations, where he gained the contacts that have made him the first choice of the country's business managers. Says Dr Pepper Co. Chairman W.W. ("Foots") Clements: "He has a very incisive mind. He understands a problem and solution quickly...
...support in Florida's November party convention, which will conduct a nonbinding "beauty contest," and two weeks ago, he was able to run about even with Reagan in one of the first county gatherings.) In Illinois, party leaders in both houses of the legislature, the state G.O.P. finance committee chairman and most G.O.P. state central committeemen have signed on for the Connally campaign...
...pleased by the Vice President's foreign policy pronouncements, which constituted an implicit warning to the Soviets. "Any nation," said Mondale, "which seeks to weaken or isolate you in world affairs assumes a stance counter to American interests." At a Peking news conference, Mondale said that Communist Party Chairman and Premier Hua Guofeng had accepted "with delight" an invitation from President Carter to visit the U.S. some time next year...
...Chairman John Riccardo and President Lee lacocca temporarily waived their annual salaries of $360,000 in exchange for cash or credits tied to the value of Chrysler stock. If two years from now the stock price is unchanged from the August closing average of around $8, each executive will get back all his deferred pay; if the stock doubles, each will receive double, and if it halves, each will get only half. Meanwhile, the company also announced salary reductions of up to 10% for about 1,700 executives...
Business leaders in other fields cheer Chrysler's off-the-mat selling drive, but many oppose federal aid. True, a number agree with Zenith Chairman John Nevin, who argues, "I don't think you can casually stand aside and watch a company the size of Chrysler go down. You have to calculate the cost of Chrysler going under and ask if it is worth something to prevent that." But many more echo Clarence Barksdale, chairman of the First National Bank in St. Louis: "If you have any belief in the free-enterprise system, you have to let weak...