Word: kauffmanns
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...ultimate in golden send-offs, but Exxon is paying President Howard C. Kauffmann and a senior vice president, Donald M. Cox, both 62, a total of $2.87 million to take early retirement in May. Kauffmann, whose 1984 salary and bonus totaled $980,518, will receive a farewell stipend of $1.63 million. Cox, who was paid $715,127 last year, will receive a $1.23 million bonus...
...editors, including Walter Lippmann and Edmund Wilson. Peretz, a Harvard social sciences teacher who inherited some money and whose wife is an heiress, revamped both the magazine's politics and its eclectic cultural section: it covers primarily scholarly books, theater (reviews by Robert Brustein), movies (reviews by Stanley Kauffmann) and, says Literary Editor Leon Wieseltier, "anything I can find about Israel, the nuclear issue or the ballet...
...appealing. Said Hatfield last week: "I maintain the fierce conviction that an oil pipeline through Africa would substantially reduce the potential for conflict in the Persian Gulf-a conflict which could trigger World War I I I." Hatfield introduced Tsakos to Energy Secretary Donald Hodel and Exxon President Howard Kauffmann. Hatfield also discussed the project with Defense Secretary Caspar Weinberger and Sudanese President Gaafar Nimeiri...
First copies of the Dial, a slick new monthly about television, were winning rave reviews from charter subscribers this month. Billed as a program guide to public television, the Dial also features articles by first-class writers: Wilfrid Sheed on sports, Auberon Waugh on Alec Guinness, Stanley Kauffmann on acting. But the magazine was unexpectedly panned by the House of Representatives, then by the U.S. Postal Service. Reason: the Dial- which will be sent to 650,000 PBS-TV supporters in New York, Chicago, Los Angeles and Washington, D.C., as part of their $25-minimum contribution-is bursting with...
...history. Recalling the rough treatment that the press gave top management in the winter of 1974, when Exxon announced similarly enormous profit gains during the Arab oil embargo, the company avoided a press conference; instead, it announced the earnings by faceless press release. Chairman Clifton Garvin and President Howard Kauffmann even managed to be out of town on vacations, leaving any explaining to be handled by a monotoned vice president...