Word: lacocca
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...lacocca: An Autobiography, lacocca...
First it was Chrysler's Lee lacocca, then Continental Airlines Chief Frank Lorenzo; now it is Mario Cuomo and Geraldine Ferraro. From this, should we conclude that when an organization is floundering, an injection of Italian-American spirit will save it? I hope there are enough of us to go around...
Despite the huge loophole in the Dole order, the plan was also criticized by many in the auto industry who cringe at the idea of installing expensive safety devices. "I regret the necessity of this kind of ruling," said Chrysler Chairman Lee lacocca. "The best safety device, the lap and shoulder belt, is in 100 million cars right now." American Motors Chairman Paul Tippett is concerned about the 1987 model-year deadline for passive restraints. Said he: "The worst thing is to deliver air bags or seat belts that are not right...
...Mondale wants geographical balance, he could look south: Florida's moderately conservative Governor Bob Graham, 47, is sometimes mentioned. Mondale's strategists also talk about Chrysler Chairman Lee lacocca, 59, who is nationally celebrated for his corporate grit. But lacocca, ebullient and bossy, probably would not slide easily into a supporting role. Mark White, 44, elected Governor of Texas in 1982, has only a meager track record, but his presence on the ticket could help win his state's 29 electoral votes for the Democrats. If Ohio's 23 electoral votes look pivotal, Mondale might...
...boost total compensation figures even higher. Last year Caldwell's options netted him an extra $5,892,024. General Motors Chairman Roger Smith, whose company had record earnings of $3.7 billion in 1983, will probably get a salary and bonus package worth about $1.3 million. Chrysler Chairman Lee lacocca, however, may not get much more than his 1982 compensation of $365,676. Reason: the Chrysler board has already given him a special stock package worth $5 million to $20 million, depending on how long he stays with the company...