Word: roberte
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Dates: during 1980-1989
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BUSINESS: Car buff Robert Stempel hopes to put a new shine on GM' s image...
...chauffeur-driven car were to break down, General Motors president Robert Stempel is the sort of guy who would roll up his sleeves, look under the hood and fix it himself. Coming of age in Bloomfield, N.J., in the early 1950s, Stempel toiled during the summer as a garage mechanic. After joining GM as an engineer in 1958, he designed a front-wheel-drive transmission for the 1966 Oldsmobile Toronado. Stempel's success with the front-wheel drive, a radical departure that later became a standard feature, accelerated his movement up the corporate ladder...
Though Stempel has the inside track for the chairmanship, he is not considered an absolute shoo-in. Among the other executives, all financially oriented, said to be in the running: F. Alan Smith, 57, an executive vice president; Robert O'Connell, 50, chief financial officer; and William Hoglund, 54, who oversees components operations. At an October meeting of GM's top executives in Traverse City, Mich., the forward-thinking speeches by Smith (no relation to the current chairman) made him the star performer, outshining even Stempel, says an insider...
...from 1983 to '85. When a school is guilty of two violations within five years, the N.C.A.A. can invoke the death penalty. "Kansas was on the bubble," commented David Berst, N.C.A.A. director of enforcement, "but no severe violations involved any of the players on the team." Kansas athletic director Robert Frederick said the school will not appeal the probation, which will subject recruiting to rigorous scrutiny...
Group Publishers: S. Christopher Meigher III, Robert L. Miller...