Word: chairman
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However, Chrysler chairman Robert Nardelli stressed in a letter to employees this week that more concessions are needed from the union if the company is to produce a credible viability plan. Chrysler has also noted that it will cap executive compensation as part of an overall plan...
...crashes per year since 1998. The past 15 months have been the deadliest yet: there have been 18 helicopter-ambulance crashes since October 2007, including 11 fatal accidents that left 36 people dead. "The current accident record is unacceptable, and it has to improve," says Robert Sumwalt, vice chairman of the National Transportation Safety Board, which investigates air crashes...
...flight and weather tracking systems, and stricter weather minimums at the top of its "most wanted" list of changes to reduce fatalities. The board first recommended these changes three years ago. Had the FAA implemented them, 29 of the last 55 accidents could have been prevented, says NTSB vice chairman Robert Sumwalt. "We want to pressure the FAA to make changes so that these crashes stop occurring," Sumwalt says."We take this as seriously as the NTSB," counters Peggy Gilligan, the FAA's top safety official...
...specialty clothing retailer, which targets women over 35, has run out of steam over the past year. Talbots' same-store sales were down 13.9% in the third quarter of 2008, and the chain lost $14.8 million during that time. "They look dead in the water," says Howard Davidowitz, chairman of Davidowitz & Associates, a retail-consulting and investment-banking firm...
...Israelis want to keep us poor and ignorant," says Amar Hamad, chairman of the Palestinian Industries Federation. "Businessmen were the last layer of society who believed that prosperity would bring peace with Israel. Now they don't believe that...