Word: haider
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...Imperial, he became assistant to Michael Haider, who was fast rising to the top of Jersey's hierarchy. Clearly impressed with Jamieson, Haider took him along as he moved up. Jamieson succeeded Haider as president of Jersey's International Petroleum Co., which handled some of the firm's Latin American refining and marketing. After that Jamieson became president of Humble Oil, the Houston-based subsidiary that ran all U.S. operations. -Humble had long been dominated by independent-minded Texans, and Jamieson's job was to bring it under more direct control of Jersey's central...
...skillful performance in Houston led Haider to hand-pick Jamieson to succeed him as Jersey president when Haider became chairman in 1965. Jamieson says that he was surprised. "I had never worked for the parent company," he recalls. "I came in over the heads of an awful lot of people." Just be fore his elevation, Jamieson was the most junior of nine Jersey vice presidents. "I guess you could say it's a tribute to the people who work with this company that they were willing to pick a foreigner to head...
...When Haider reached the mandatory retirement age of 65 in 1969, Jamieson took over as chairman, moving in 1972 into a huge, sparsely furnished office on the 51st floor of the Exxon Building in mid-Manhattan. Jamieson, who earned $401,666 in salary plus $195,000 in bonus last year, smoothly delegates authority. "In a big organization like this," he says, "you've got to push decision making to as low a level as possible and get it done. There is a fine line between pushing too far and not far enough." Says one Exxon insider of Jamieson...
...obvious evidence of the way this country's power destroys people." The "giant corporations" are the real culprits. "Spiro Agnew may be a household word," they wrote, "but it [the public] has rarely seen men like David Rockefeller of Chase Manhattan, James Roche of General Motors and Michael Haider of Standard Oil, who run the system behind the scenes...
Michael L. Haider, Chairman, Standard Oil Co. (New Jersey...