Word: quit
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Jane Amsterdam, Manhattan,inc.'s founding editor, quit in March after complaining about interference from Publisher (and Owner) D. Herbert Lipson. According to insiders, Lipson wanted Amsterdam to meet with advertisers and sought more control over covers. Felker's challenge will be not only to sustain Amsterdam's success but to get along with Lipson. Felker's track record with owners is mixed: after first approaching Media Mogul Rupert Murdoch to buy shares in New York in 1976, he bitterly fought Murdoch's purchase of the magazine. When Murdoch prevailed, Felker quit...
...Hearst seems unsure what to do with its laggard child. Company officials, especially Robert Danzig, general manager of Hearst newspapers, are chronically indecisive about a redesign, despite having commissioned five prototypes over the past eight years, including versions of a tabloid format favored by Acting Editor John Lindsay. He quit in disgust in February. Lindsay is not alone; the positions of publisher, managing and executive editor and art director remain vacant...
Since the disaster one engineer, Roger Boisjoly, has quit Morton Thiokol and brought lawsuits for more than $3 billion against the company in connection with the deaths of the seven shuttle crew members. However, Arnold Thompson, another who had argued for a delay, has stayed on "to get things flying again." Thompson's decision to hang in, hoping and working for better decisions in the future, reflects the tendency of most of corporate America. "Managers are paid to manage, and it's up to them to make the final decisions," says Thompson, implicitly accepting the dominance of the organization over...
...were capsized by matters they had been involved in before taking office. J. Lynn Helms, head of the Federal Aviation Administration, resigned after it was disclosed that grand juries and federal agencies were probing some of his past business ventures. Max Hugel, deputy director for operations at the CIA, quit after allegations by two stockbrokers of improper securities dealings...
...that led to his withdrawal from the 1988 presidential campaign had Gary Hart given way to contrition and remorse, as he did during last week's lull after the storm. "I take full responsibility for what I did and the big mistakes I made," he said. Although Hart had quit the race "angry and defiant" over headlines about the weekend he spent with Miami Model Donna Rice, he was now less willing to shift the blame: "The news media made mistakes, but it was wrong of me to make it seem like it was all their fault. I brought this...