Word: chairmanship
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When he was chosen to move up to the chairmanship of British Petroleum Co. last month, Deputy Chairman Eric Drake noted that he had already had "a pretty good bash at about every end of the business." Last week Drake was in the midst of a brand-new bash-one that could turn out to be very good indeed. In a lightning move that belied B.P.'s sure-but-slow reputation, Drake set plans to buy B.P.'s way into the American market at a cost of $300 million-one of the biggest single invasions...
...from a low of $10.75 in 1964 to a peak of $120 a share in 1966. Now it is down to about $13. After reeling off a series of sad statistics to his stockholders, Cole announced that he would yield his presidency to a younger executive, move into the chairmanship-and give up his yearly salary "as a gesture and an attempt to do everything within my power to turn this company around...
...some 50 U.S. local and national Jew ish organizations have been searching continually for sculptors or architects to design a suitable monument. Finally, three years ago, a formal Committee to Commemorate the Six Million Jewish Martyrs was set up. The art advisory committee, under the chairmanship of Washington Insuranceman-Collector David Lloyd Kreeger, had no difficulty in agreeing on Philadelphia Architect Louis I. Kahn. Last week a six-foot scale model of Kahn's proposed monument was put on display at Manhattan's Museum of Modern...
...coalition of Kennedy and McCarthy forces took party control in July. They hope to consolidate their victory at a March, 1969 state central committee meeting, following a probable GOP sweep in local contests. Under the new chairmanship of Kennedy supporter Robert Maytag (as in washing machine), the state central committee has already built a New Politics-style coalition with Denver blacks...
...Murders. It was this point of irreversibility that most concerned the Harvard committee. Under the chairmanship of Dr. Henry K. Beecher, it outlined a series of technical steps to ensure that any flat EEG is really an accurate recording, then added that the tests "shall be repeated at least 24 hours later with no change." On its face, this language appeared to rule out the prompt transplantation of an accident victim's heart, but the committee felt that it was necessary to cover a few special cases. A victim of barbiturate poisoning may recover full brain function after...