Word: retirees
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The Central Committee is of the opinion that he is a suitable choice and worthy of our trust." With those words, China's Communist Party Chairman Hua Guofeng last week formally announced to the National People's Congress that, as expected, he would step down from his top...
Auto industry observers scrutinize executive promotions at General Motors the way that Kremlinologists study the lineup of Soviet leaders at the annual May Day parade. This year the stakes were especially high. With Chairman Thomas A. Murphy and President E.M. Estes both nearing their 65th birthdays and required to retire...
For the first time, Bonanno's glib tongue could not keep him out of trouble, as it did in 1964, when three rival dons had him kidnaped after he tried to become the nation's top Mafioso, the capo di tutti capi (boss of all bosses). Bonanno persuaded...
General Motors Executive Vice President Roger Smith, the expected successor to Chairman Thomas A. Murphy, who will retire at the end of the year, likens the industry's present plight to a hockey team in the midst of a line change. As soon as all the players are out...
Thomas A. Murphy, 64, has headed the second largest U.S. industrial corporation since 1974. During his tenure, GM moved aggressively to design and build Detroit's most successful line of fuel-efficient cars. Murphy will retire at the end of the year, when he reaches the company retirement age...