Word: chairman
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...General Motors CEO Fritz Henderson was ousted by the company's board after just eight months on the job. The troubled auto giant--now 60% owned by the U.S. government--has shown modest signs of economic improvement, but Henderson, a company veteran, clashed with directors seeking quicker change. Chairman Ed Whitacre, a former head of AT&T, will take over as interim...
...vast amount of money to be competitive in California, but the road to Sacramento is littered with the bodies of failed parvenus: Michael Huffington, the former Republican Congressman and ex-husband of Arianna, blew $28 million on a failed Senate bid in 1994; Al Checchi, a former co-chairman of Northwest Airlines, spent $40 million losing to Gray Davis in the Democratic gubernatorial primary in 1998; and the businessman Bill Simon, who campaigned unsuccessfully against Davis in 2002. All of them were seen as overconfident and underprepared, liable to self-destruct when pressed on basic policy questions. Raphael Sonenshein...
...have already faced off four times, while Whitman has committed to just one debate in March. "She's clearly one of those people who likes to study and study an issue, really have an in-depth comfort zone with something, and then move forward," says Jon Fleischman, a vice chairman, south, of the California Republican Party who characterizes Whitman as "a little bit awkward" when interacting with the media. "It's O.K. to do that in business, but politics tends to be more spontaneous...
...couple were devoted to scholarship, not politics. In the early 1950s, Yang declined a prestigious offer to translate Chairman Mao's works into English, "much preferring to translate classical Chinese literature instead," he wrote in his 2002 autobiography, White Tiger. Yang translated works including The Odyssey and Pygmalion into Chinese, and he and his wife collaborated on rendering selections from Sima Qian's Records of the Historian and stories by the 20th century writer Lu Xun into English...
When Fritz Henderson abruptly resigned earlier this month as CEO after failing to get a vote of confidence from GM's new board of directors, chairman and acting CEO Ed Whitacre wasted no time in elevating a team of young executives to power positions, among them Mark Reuss, 46, named president of GM's North American operations, and Susan Docherty, 47, named vice president of sales and marketing, making her the most influential female executive in the company's 101-year history...