Word: kotchian
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...part of the new emphasis on ethics, Professor Kirk Hanson focuses on notable cases like that of Carl Kotchian, the former vice chairman of Lockheed, who was accused of bribing Japanese officials and forced to resign. Says Hanson: "We debate where responsibility lies in a corporation. To your employees, whose jobs might be lost if the company loses the contract? To the Japanese people, whose government is involved in corruption? To competitors
When Chairman Daniel Haughton and President A. Carl Kotchian were forced to resign last year at the height of the payments scandal, Lockheed seemed likely to stall like a disabled jet. That it did not is due largely to Robert Haack, former president of the New York Stock...
...financial posts to vice chairman and chief financial officer. In that job, he was aware of some jiggery-pokery in Lockheed's foreign sales. But the board's special review committee found that he was "to a certain extent the victim of a plan by Haughton and Kotchian to keep him uninformed...
...Lockheed cash. Now the 20-member board of inquiry faces ticklish legal and political problems. Under Italy's bribery statutes, prosecution of graft-takers is nearly impossible unless those who supplied the cash are also charged. Last week the board considered indicting former Lockheed President A. Carl Kotchian and at least half a dozen other Americans, but decided to postpone such action pending testimony by Rumor and his Italian associates...
...subcommittee proceeded with public hearings on February 4 and 6; Mr. Kotchian testified to payments by Lockheed to Kodama and Japanese government officials, as well as payments intended for high government officials in the Netherlands and Italy. In line with its policy, the subcommittee did not make public the names of the intended recipients. But, on the request of Japan and the other governments involved, the evidence in the subcommittee's possession was transferred to the State Department which used as its agent in negotiating with the foreign governments the Department of Justice...