Word: helming
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Dates: during 1980-1989
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...student at New York University. At Harvard Law School in 1946, he seemed to have a bright future, but then he dropped out. Some 40 years later, having become a tycoon while keeping a low profile, Tisch, 63, has suddenly thrust himself into an unfamiliar spotlight at the helm of CBS, one of America's best-known corporations...
Tisch runs Loews with a firm hand. After acquiring a company, the chairman never hesitates to make his presence known. He may force out management and put in place his own deputies after the takeover. But once his chosen managers are at the helm, Tisch is not afraid to let them do their jobs. "Everybody has a certain pride in their work," he says. "I'm not one to try to rank qualities of people. If it comes across to me that a person is doing the best work he can, with good moral standards and good business standards . . . that...
While at the school's helm, this Philadelphia-born labor law expert has moulded Harvard's metamorphosis in several key areas: the endowment more than tripled to $3 billion; graduate schools, like the Kennedy School of Government, have rapidly expanded; and, in what Bok calls the most significant change of all, undergraduate life became co-educational when Radcliffe signed a merger agreement with Harvard...
Speculation over what Tisch might do if he were at the helm of CBS is swirling around the broadcast community. First to go, some contend, would be Chairman and Chief Executive Officer Thomas Wyman, brought in from Pillsbury in 1980 as CBS Founder William S. Paley's hand-picked successor. (Indeed, Wyman and other top executives are guaranteed lucrative severance packages if any single interest acquires more than 25% of CBS's voting stock.) Close behind, say insiders, could be Van Gordon Sauter, the president of CBS News, whom many have blamed for the stumbling performance of the Morning News...
...have seemed an all-too-familiar nightmare to William Rehnquist, President Reagan's nominee to be Chief Justice, who first went through this particular mill in 1971 when he was initially nominated to the Supreme Court. Even with a redoubtable conservative ally, North Carolina Republican Strom Thurmond, at the helm of the Senate Judiciary Committee, the rumpled and bemused Rehnquist suffered some turbulent moments at the hands of liberal Democratic committee members like Ted Kennedy and Joe Biden. Although the heated hearings were not expected to hurt Rehnquist's chances of confirmation as the 16th Chief Justice...