Word: houghtons
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...Houghton suffered a near-fatal pedestrian accident in 1993, but stayed at the helm of Corning for three more years before making his first retirement...
...When I returned in 2002, I said I did not have a timetable for retirement, but I did say that I would retire from active employment when the time was right,” Houghton, who had already ceded his role as CEO last May, told the Associated Press yesterday. “The time now is right...
...Houghton family has deep ties to Corning. Houghton’s great-great grandfather founded the company in 1851, and a total of seven Houghtons have served as Corning’s chief executive...
During the past four years, Houghton made fast and dramatic changes to the company’s structure, closing more than a dozen plants and cutting the number of employees almost in half—moves that revived the use of his unflattering nickname, “Dark Angel...
...Houghton defended the changes in a 2003 interview, noting that “laying somebody off is...a nasty process...