Word: chairman
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Dates: during 1970-1979
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...there is nothing which calls their kinds of talents and energies automatically into the public sector. They have available chairs of classics at Brown University and directorships at Gulf Oil, what have you." A Southern Governor agrees: "It was probably much easier for David Rockefeller to be chairman of the Chase Manhattan Bank, a powerful position in which he exercised leadership and control, than to weather the strains of public office, as did his brother Nelson...
DAVID ROCKEFELLER, chairman of the Chase Manhattan Bank: John McCloy [lawyer and banker] and Henry Kissinger for their leadership in world affairs; Andrew Wyeth for his leadership in bringing the arts to a wider public; Rockefeller University President and Nobel Winner Joshua Lederberg for his leadership in the scientific community; General Electric's Reginald Jones for his business leadership; and Patrick Haggerty [general director of Texas Instruments] for his business leadership and his role in helping maintain America's technological leadership...
Included in the 18 who lost subsequent bids for election was Dick Clark, the highly respected liberal Senator from Iowa who fell victim to a right-wing, right-to-life attack. Bill Baxley, crusading attorney general of Alabama, lost a race for Governor; Luther Hodges, successful bank chairman, lost a Senate primary in North Carolina to a man who outspent him 20 to 1; Yvonne Brathwaite Burke, California Congresswoman, lost a race for state attorney general; Andrew Pickens Miller, Virginia's attorney general, lost a race for Senator. Vermont Governor Thomas Salmon, who ably fought the land developers...
...business leaders of 1974 have generally been successful. Raymond Hay switched from an executive vice presidency at Xerox to the presidency of LTV. Gerald Meyers rose from vice president to chairman and chief executive of American Motors. Economics Professor Marina Whitman will start next month as chief economist and vice president at General Motors. The biggest losers among the businessmen were Arthur Taylor, eased out of the presidency of CBS, and Richard Kattel, the boy wonder of Atlanta's go-go banking days, who resigned his chairmanship of Citizens and Southern National Bank. The Comptroller of the Currency...
...Federal Reserve's twelve regional bank presidents. He is also the most independent and outspoken. As chief of the Federal Reserve Bank of Minneapolis, which oversees the North Central states, Willes has frequently been at odds with the other Fed regional presidents and the Fed's former chairman G. William Miller. A Utah-born Mormon who attended Columbia University, Willes argues that forecasts about the impact of new economic policies are so imprecise that the Fed should resist trying to make constant short-term adjustments by changing the money supply. Instead he advocates a new hands-off approach known...