Word: itt
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Dates: during 1970-1979
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Sudden shake-up at ITT...
...highly regarded head of the nation's eleventh largest industrial corporation, 53-year-old Lyman Hamilton Jr. had a future that appeared to be bright and secure. Yet the affable, mild-mannered president and chief executive officer of ITT had just returned from a three-week swing through the Pacific last week when, with stunning swiftness, the board fired him. The year's most astonishing management shake-up showed just how little job security there...
...fact, Hamilton was ousted after only 18 months because he upset the man who had built ITT into the world's biggest conglomerate, its demanding, autocratic chairman, Harold Geneen, 69. Hamilton's offense? Nothing more than some modest restructuring of the company into five operating divisions, and a bit of judicious pruning of corporate deadwood that had grown up under Geneen...
...Indoor Track and Tennis Building (ITT) was next on the agenda and equally impressive. I hoped that the committee would meet track mentor Bill McCurdy and imagined how he would jolt them with one of his always refreshing comments. "Hey, I'm Irish, so just keep the green flowing in my direction," he might have said...
...claimed the White House sent her flowers bugged to record her hospital room conversations, but now she fights only the bugs in her vegetable garden. Dita Beard, who set off more than just a barnyard squabble eight years ago when she allegedly composed a memo hinting that her employer, ITT, had bribed the Republican Party, today has a small farm in West Virginia, complete with garden, two goats, three dogs and two cats. "In the beginning I went into farming in a big way," explains Beard. Then came the revelation: "An actual farmer I am not." The woman who suffered...