Word: garvin
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...total audience. In New York, where the first half of NewsHour was outmatched by the network news casts, second-half ratings rose substantially. The show has funds to last a year, with $13 million of the $22 million budget coming from A T & T grants. Says Senior Producer Phil Garvin: "We do not know if the hour show will even exist next year." ABC's Nightline, which initially borrowed the MacNeil-Lehrer Report's single-topic approach, emphasis on interviews and simple visual style, this April outpaced MacNeil and Lehrer in expanding to a multitopic hour; its ratings...
Questions about who would get the Federal Reserve post and worries about a new jump in interest rates have been enough to drive some businessmen crazy. Said Exxon Chairman Clifton Garvin Jr. last week: "The important thing is that we get this thing over with...
...Washington University School of Medicine in St. Louis, the amount of time that students spend in the classroom has been reduced by 15%, and more outside exercises and research projects have been introduced instead. At Northwestern, faculty members have been experimenting with more imaginative teaching techniques. Professor James Garvin, for instance, now spikes his biochemistry lectures with a "case of the week," such as scurvy or nerve-gas poisoning, to make the subject seem less dry and abstract...
Exxon's stumbling in nonoil fields may stem in part from the inbred nature of its management. Many of the top executives, including Chairman Clifton Garvin Jr., 60, are engineers who have spent their entire careers at Exxon. Wall Street analysts have begun to wonder if these lifetime oilmen have the versatility to venture out of the petroleum industry...
Sensitive to such criticism, Garvin is now pursuing a back-to-basics strategy. Said he at May's annual meeting: "We are emphasizing established business lines of demonstrated profitability." Despite ambitious efforts to find new oil, however, Exxon's results have been mixed. Since 1978 its oil reserves have dwindled 13%, to 7 bil lion bbl. In the meantime, costly drilling in the Baltimore Canyon and in the Destin Dome region of the Gulf of Mexico has turned up a discouraging number of dry holes. Wall Street stock analysts think that other oil companies may have greater growth...