Word: mccolough
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Dates: during 1970-1979
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...strain has not yet told on Xerox's profits, which rose 18% above the 1971 period in this year's first six months, but Chairman C. Peter McColough recently warned securities analysts that profit gains in the second half will not be quite so large as Wall Street had been expecting. McColough frankly concedes: "We are not happy about what we have to do, but the simple truth is that we have no choice. If we do not do it [develop a computer-copier system], IBM will, and then we will be nothing more than a company that...
...November by a board of seven employees, only one of whom is a company officer. Applicants do not have to have permission from their bosses to apply, and any manager who claims that an employee cannot be spared will have to prove it to Xerox President C. Peter McColough. He is a socially conscious executive who has led the company into sponsoring controversial TV documentaries (including an eight-part series on blacks in America) and aiding black-owned businesses. McColough believes that the company's new program will attract more dedicated young workers to Xerox. "Many of our best...
...MCCOLOUGH: It is very difficult to operate around the world with our antitrust laws. We cannot select a foreign partner and say, "We are going to work with you forever." This leads to great difficulty for us because we have to write agreements that are short-term when we really intend them to be longterm. I don't know any other government that makes companies obey not only the laws of the foreign nations where they operate but also certain laws of the home country. We are unique in that...
...McCOLOUGH: There are some Japanese computers coming into this country; yet my company cannot manufacture computers in Japan...
...PETER McCOLOUGH, president of Xerox Corp...