Word: levins
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Dates: during 2000-2009
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...Gerald Levin's carefully laid plans for filling his shoes almost fell apart last May. Richard Parsons, one of Levin's two deputies and the man he wanted to succeed him as CEO of AOL Time Warner, was being avidly recruited to be CEO of food-and-tobacco giant Philip Morris. In a car ride back from a corporate retreat at the Hilton Rye Town, in the New York City suburbs, Levin urged his protege to stay...
...promised to lobby the board of directors to make Parsons CEO of AOL Time Warner. The sweetener: Levin confided that he didn't intend to serve out the two years left on his contract. In fact, Levin had quietly inserted a provision allowing him to step down on just six months' notice. Not only might Parsons become the first African American to lead the world's most influential media company--he might take over very soon...
...some concern. Other fears were more concrete: Chinese leaders worry a missile defense shield will essentially negate their entire (minimal) nuclear arsenal - sparking fears of a new arms race in Asia. Many congressional Democrats echo those concerns. "Unilateral withdrawal will likely lead to an action-reaction cycle," Sen. Carl Levin told the Associated Press. "?And that kind of arms race would not make us more secure," The Michigan Democrat is chair of the Senate Armed Services Committee, and joins other high-ranking Dems in condemning the administration?s decision...
...JERRY LEVIN AND STEVE CASE Given the big egos of CEOs, it's no surprise that when companies merge, one boss usually departs. But since the creation of AOL TIME WARNER in January 2000, chairman Steve Case, 43, and CEO Jerry Levin, 62, have shown a unity of purpose at odds with the B-school case studies. It helps that they share a vision: subscriptions. Add up AOL, cable TV and magazines, and they have 137 million people mailing in payments. This year the duo clung for too long to profit promises they couldn't keep. But as they direct...
Harvard has long been America’s preeminent educational institution. Earlier this fall, at President Summers’ installation ceremony, Yale University President Richard C. Levin stood on the steps of Memorial Church and admitted that it is to Harvard that the “whole world looks for leadership...