Word: retirees
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Scott must retire by March 31, when he turns 65. Reardon said the current chief wants City Manager Robert W. Healy to name his successor "as soon as possible," so that the new chief can ease into the job in a transitional period.
Yet companies have other ways to restructure their debt, notably by using corporate stock. Firms in relatively good financial health can raise money by offering new shares on the market. Mr. Coffee, which was leveraged to the hilt as the result of a 1987 buyout, was able to wipe out...
For liberals who had hoped to retire the Senate's most outspoken reactionary, the result was a harsh disappointment. Gantt in early fall appeared to capture the initiative. A former mayor of Charlotte and a successful architect, Gantt, 47, presented what he called a "noble agenda." It amounted to a...
Mockler, 60, who has been chief executive officer since 1975, will retire at the end of 1991. Mockler is a member of the seven-person Harvard Corporation, and is sitting on the nine-member committee searching for the University's next president.
Derwyn F. Phillips, 60, vice chair of the Gillette board, and John W. Symons, 60, executive vice president overseeing the company's North Atlantic division, will retire from their positions by the end of 1990.