Word: ono
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...Beatles Anthology is billed as the Beatles' own "permanent written record." Essentially, it is an attempt by the surviving Beatles--Paul McCartney, George Harrison and Ringo Starr--and John Lennon's widow Yoko Ono to write the story of the band before somebody else writes it for them...
Watching Masatoshi Ono, CEO of Bridgestone/Firestone, sweat under the nasty glare of Congress during last week's tire-recall hearings, you almost had to feel sorry for the reserved Japanese executive. Ono, a lifelong company man and engineering whiz who joined Bridgestone straight out of university more than 40 years ago, has spent the better part of the past decade propping up the sagging fortunes of Firestone, the U.S. company Bridgestone paid $2.6 billion for in 1988. Now here he was, the prime suspect in the the biggest consumer scare since the Tylenol-tampering case, linked to at least...
...more than a little nervous," he said in his tentative English, as three female Japanese interpreters in brightly colored suits hovered nearby. Ono offered a sharp contrast to the carefully scripted performance of Ford boss Jac Nasser, who would later pin the blame squarely on Firestone's tires. He was visibly uncomfortable, expressing regret on one hand, denying any tire defect on the other. And his watered-down apology incited a harsh response. Senator Richard Shelby, Alabama Republican, summed up the general sentiment by asking, "What does it take to put a company on notice that perhaps they...
...Ono, unfortunately, still has nowhere to hide. Senator John McCain is scheduled to hold additional hearings this week, and Ono is supposed to give a deposition in a tread-separation case in Texas. His company, meanwhile, will try to do a better job of communicating how it's going to fix the problem. "The public is very forgiving for those institutions that will admit their shortcomings and really level with them all the way," says Harold Burson, CEO of p.r. pioneer Burson-Marsteller. If Firestone is going to remain on the road long after the recall, Ono has to make...
MASATOSHI ONO Bridgestone/Firestone CEO faces serious legal, labor troubles. At least Nader is preoccupied...