Word: houghtons
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...does not want time devoted at the retreat to the issue of salary,” Harper wrote of Houghton, adding, “I believe that plenary meetings are uniquely important for the wise administration of our affairs...
...statement released Monday, Houghton responded to Harper by spitting back his former colleague’s own words...
...Houghton, chairman and former chief executive officer of his family’s glassworks company, Corning Inc., is likely at the tail end of his service on the Corporation. At 69 years old, he is a year away from the board’s informal age limit, though the rule has been flouted before. Houghton’s 70th birthday is in April...
Following years of precedent, Corporation members say little, if anything, publicly. As he has since January, Rubin did not respond to repeated requests for an interview. An assistant to Houghton said he was out of the country and unavailable for comment...
Indeed, the letter arrived—on time—at Massachusetts Hall the following morning, setting off a flurry of commotion among Harper’s suddenly former colleagues on the board. In the two weeks before the resignation would be officially announced, James R. Houghton ’56 and Robert E. Rubin ’60 tried repeatedly to change Harper’s mind, an individual familiar with the board’s discussions said. But their attempts were to no avail...