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DIED. Herman Lay, 73, snack-food supersalesman and entrepreneur who created the first national brand of potato chips as the head of the Dallas-based Frito-Lay Co. (1961-65), but couldn't stop with just one and kept building and merging until he was board chairman (1965-71) of the giant conglomerate PepsiCo; of cancer; in Dallas...

Author: /time Magazine | Title: Milestones: Dec. 20, 1982 | 12/20/1982 | See Source »

DIED. Roy Mark Hofheinz, 70, rambunctious, larger-than-life Texas entrepreneur and showman whose Houston Astrodome was the world's first indoor stadium; of a heart attack; in Houston. After passing the bar exam at 19, becoming the nation's youngest elected county judge, and serving as manager of Lyndon Johnson's unsuccessful 1941 Senate campaign, Hofheinz vowed to make a million dollars in less than a decade, which he did. Elected mayor of Houston at 40, he survived impeachment and eventually promoted the Astrodome, lavishly appointing the stadium with such splashy innovations as an electronic scoreboard...

Author: /time Magazine | Title: Milestones: Dec. 6, 1982 | 12/6/1982 | See Source »

...worry about John De Lorean. Once he gets over this crisis he will revert to being the entrepreneur. He will begin work on his autobiography, which will be made into a motion picture, and he will become a highly paid speaker on the lecture circuit. If he goes to jail he will be born again and will make inspiring sermons...

Author: /time Magazine | Title: Letters: Nov. 22, 1982 | 11/22/1982 | See Source »

Corbat's successes extend beyond the Harvard football program. Corbat is an entrepreneur running his own business and netting a profit...

Author: By Andy Doctoroff, | Title: Mike Corbat | 11/16/1982 | See Source »

Extraordinary indeed. Bob Kerrey, 39, a successful entrepreneur, had never held an elected office. His most spectacular achievement came in Viet Nam in 1969: after leading a Navy commando assault in which he lost half of his right leg, Kerrey was awarded the Congressional Medal of Honor. As a member of the human rights commission in Lincoln, his home town, Kerrey is remembered chiefly for his unsuccessful advocacy of a homosexual-rights ordinance. Moreover, Republican Charles Thone, 58, was the quintessential Nebraskan of his generation, prudently plain-spoken and a bit stolid. He had won four terms in Congress before...

Author: /time Magazine | Title: Election '82: Fresh Faces in the Mansion | 11/15/1982 | See Source »

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