Word: pratt
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...National Association of Corporate Directors found that chief executives are extremely reluctant to grant outsiders any power over their pay. Although 20% said they would be willing to have shareholders approve directors' compensation, only 8% were willing to give them similar control over their own pay. Says Edmund Pratt Jr., the recently retired CEO of Pfizer and chairman of General Motors' compensation committee: "We're making far too much of this issue. It has become the political hot button. They're comparing our pay to office boys' and the Japanese without knowing what Japanese get. When you compare executive...
...very frightening," says Richard Whitehead, 45, a machinist and layoff victim at the company's Pratt & Whitney jet-engine plant. "When you're told that your job is lost, your feelings just go cold. For my trade," he adds, "there's nothing else out there. I don't know what...
...market and planned to move to Fairfield, Iowa, where both the organization's national office and Maharishi International University are located. City officials responded to the abandonment with a yogic equanimity worthy of the Maharishi himself. Declared a spokesman from the office of Washington's unruffled Mayor Sharon Pratt Kelly: "Peace be with them...
Although one poll found that 85% of residents support the concept of increased diversity, more than 2,000 have signed a petition opposing the proposal to recruit minorities. "The vast majority of residents are not wild- eyed, foaming-at-the-mouth racists," says Michael Pratt, a supporter of the plan. "But people have got the idea that tax money will be spent to bring in welfare families and dump them in the middle of Dubuque." Pratt lost his city council seat in last month's election...
...years later, U.S. District Judge John Pratt rejected the SEC's conclusion, saying the sexually "hostile work environment" harmed Broderick's emotional and professional well-being. She was awarded $128,000 in back pay and given a promotion, and she continues to work for the SEC. Although no disciplinary action was taken against her former bosses, the agency has since closed the Arlington office. The ordeal has given Catherine Broderick a special compassion for other victims of sexual harassment. "Everyone questions why Anita Hill didn't file suit," she says. "I didn't file suit until I was forced into...