Word: rawleigh
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None of the F.W.A. women, as Ellen Sachar put it, was "so naive as to think if she sat next to [Mobil Chairman] Rawleigh Warner at breakfast, he would invite her on the Mobil board at lunch." But what these women are telling corporate executives is that it is no longer valid to contend that there are not many qualified women for boards...
...biggest executive earner was Henry Ford II, chairman of Ford Motor Co. Last week the company announced that his salary and bonus edged up 2%, to $992,000. In all, General Motors Chairman Thomas Murphy earned $975,000, an increase of 2.6% over the year before. Mobil Chairman Rawleigh Warner Jr. got $725,000, up 4% from 1976. (For some other high executive moneymakers, see listing...
...warned that decontrol would add one point to the inflation rate and that the price rise OPEC is expected to announce soon may add another. Last week the pessimists drew some support from an unexpected source: a major oil company. In a widely noted letter to congressmen, Mobil Chairman Rawleigh Warner Jr. said that sudden decontrol might be "a shock" to the recovery and could slash consumer buying power by as much as $8 billion-well above the Administration's estimate of $5.3 billion...
Quite a few businessmen are in favor of controls but annoyed by bureaucratic confusion in applying them. Both Rawleigh Warner Jr., chairman of Mobil Oil, and John Watlington, president of Winston-Salem's Wachovia Bank, say that the Price Commission has accused their companies of not filing required profit reports, although in fact they did. At the Price Commission, says Warner, "the right hand does not know what the left hand is doing." The quickening upturn in business the last few months has allayed many executives' doubts about Nixon, but others still worry that the domestic economic difficulties...
...Rawleigh Warner Jr., President, Mobil Oil Corp...