Word: chairman
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Dates: during 1980-1989
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...convoluted agony of the pay raise, the forced resignations of Speaker Jim Wright and whip Tony Coelho, and now the sex scandal involving Massachusetts Congressman Barney Frank. Nor is the climate right for combat, with the economy perking along and the President enjoying an extended honeymoon. Grouses former party chairman Bob Strauss: "This is not the time to take on George Bush head...
...impetus for the tutoring scheme came from Donald Davis, chairman of Stanley Works, the Connecticut-based toolmaker. In a visit to Poland in the early 1980s, says he, "I was overwhelmed by the lack of management know- how." Davis began organizing the program almost two years ago with the help of the International Executive Service Corps, which sends retired managers to help businesses in developing countries. Davis hopes to organize ten visiting-manager projects this year and as many...
Problems from earlier takeovers mounted in Houston, where Texas Air chairman Frank Lorenzo, who has been battling his workers, confirmed last week that he may sell part or all of Continental Airlines to raise badly needed cash. Texas Air borrowed heavily for the 1986 purchase of Continental's sister carrier, Eastern Air Lines, which is mired in bankruptcy proceedings and a seven-month- long strike by its mechanics...
...some experts assert that a borrowing binge could slow the upgrading of airline fleets or lead to higher ticket prices. "Debt definitely makes it more difficult to modernize fleets," says Morten Beyer, chairman of Avmark Inc., an aviation consultant in Arlington...
...world is," says James Patterson, chief executive of the ad agency J. Walter Thompson USA. If an ad features nothing but a herd of Caucasians, it can appear dated and stiff. The inclusion of a lone minority-group member has a similar effect. Says Ron Anderson, vice chairman of the Bozell ad agency: "Ten or 15 years ago, there was a sense of tokenism. Some advertisers would throw a black or Hispanic into an ad because they were sensitive to minorities. Now we use blacks and Hispanics to sell a product...