Word: chairman
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Dates: during 1980-1989
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...cockpit of an American B-1 bomber, and this summer Admiral William Crowe ((the recently retired Chairman of the U.S. Joint Chiefs of Staff)) was on a Soviet nuclear submarine. Five years ago, that would have been unthinkable. Are you astonished at what has happened in such a short time...
They hardly knew what hit them. That describes the ouster of legendary staffers who have lived out their usefulness to Si Newhouse, chairman of his family's publishing conglomerate. In 1987 William Shawn was suddenly removed as editor of the New Yorker after 35 years. Last year fashion doyenne Grace Mirabella was dethroned from the editorship at Vogue after 17 years; reportedly, she first learned the news of her dismissal from a friend who heard...
...network began airing in May and has yet to make it into the black. LETN depends solely on monthly subscriber fees that range from $288 to $588. Immediate shortfalls can be bridged by relying on Chairman Carl Westcott's other brainchild, the profitable Automotive Satellite Television Network, which beams the latest sales techniques to 4,000 car dealers. LETN is betting on a long, successful run and, like any other network, hawking its new fall shows. Trumpets an LETN program guide: "Coming in cooperation with the Drug Enforcement Administration, Drug Crackdown, a new weekly program with DEA instructors, field-action...
...Xerox Chairman David Kearns took a lesson from his adversaries and in 1983 launched an all-out campaign for quality. Appealing to the firm's 100,000 workers, the company formed employee teams to encourage shop-floor innovation and cooperative problem solving. Xerox set tough new standards for every phase of its operations, from design and production to inventory management and sales. The results: manufacturing costs and product defects were cut in half, customer satisfaction increased 38%, and Xerox recaptured the lead in moderately priced copiers. Says Kearns: "At Xerox we define quality as meeting customer requirements...
Such advice has often placed Sachs in a cross fire between U.S. bankers, who oppose large-scale debt forgiveness, and populist foreign critics, who resent his calls for fiscal austerity. Walter Wriston, the former chairman of Citicorp, whose Citibank unit has more than $8 billion in outstanding Latin American loans, calls Sachs "a paid flack for the countries of Latin America." Wriston argues that widespread loan write-offs would prevent Latin countries from receiving new credit. At the same time, Julio Bravo, finance secretary of the Bolivian Worker's Central Union, charges that as a result of Sachs' advice, "salaries...