Word: resignment
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...executive-suite execution acted out like a daytime soap opera. Scanning the newspaper last Tuesday morning, NBC Chairman Jane Cahill Pfeiffer, probably the nation's highest-paid woman executive, saw a story that she had been asked to resign. Pfeiffer, 47, then wrote out an indignant statement and phoned the press. Said she hotly: "It is apparent that there are some who are trying to use the media to get me to quit. I won't quit...
...previous decision to slash $140 million from the defense budget, the five-member economic Cabinet headed by Finance Minister Yigael Hurvitz last week recommended overall budget cuts of an additional $108 million. Indeed, Hurvitz is so worried about the state of the economy that he may resign from the government...
Albert M. Sacks, dean of the Law School since 1971, will resign his post June 30, 1981, because he believes a decade in the job is "about right...
...from the presidential elections, which the government has pledged to hold in 1981. The field seemed clear for the military to put forward a candidate of its own, perhaps the emerging strongman, Lieut. General Chun Du Hwan. As for the millionaire culprits, the authorities were magnanimous: the nine would "resign from all public offices" -and donate their wealth to the government's public welfare fund...
...former executive vice president of ITT, Valente was lured to RCA with a three-year contract, calling for at least $600,000 a year in salary and bonuses, plus an extra $400,000 if Valente were asked to resign...