Word: shake-up
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News of the editorial shake-up comes in the wake of a much-publicized controversy over an article cut from the January/February issue of the Review. Mark Stahlman, the writer of the article, "Why IBM Failed," said Harris has become a scapegoat for a journal marred by excessive faculty influence of editorial policy...
...least one editor said yesterday the stringof controversies could serve to shake-up the LawReview...
While the public relations effort to mold Hillary into a traditional my- heart-belongs-to-hubby First Lady means that campaign insiders are reluctant to publicly acknowledge her substantive role, her imprint on the staff shake-up seems clear. With Hillary as the principal guardian of the candidate's body and mind, it is telling that just before the convention she propelled the couple's longtime friend Susan Thomases -- a sometimes confrontational New York City lawyer -- into the powerful slot of head scheduler. In that role Thomases serves Hillary's agenda to make sure Clinton's tendency to please everyone...
...management shake-up was orchestrated by retired Procter & Gamble chairman John Smale. In a break with company tradition, Smale became chairman of the important executive committee, a job previously reserved for inside directors. His elevation left many around Detroit wondering how long Stempel, 58, would be at the wheel. Last Thursday Smale attempted to ease Stempel's humiliation by vowing that the chairman retained the "full support and confidence" of the board in his efforts to improve GM's North American operations. That will be no small trick: analysts estimate that GM lost up to $400 million in the first...
Less than two days after that announcement, the Toronto headquarters of Olympia & York lobbed another bombshell by reporting a shake-up of the firm's management. To help confront its bankers, O&Y named a new president to replace Paul Reichmann: Thomas Johnson, 51, the former president of Manufacturers Hanover Trust. As financial advisers, the Reichmanns signed up some well- respected Wall Street names: investment banker James Wolfensohn and Robert S. ("Steve") Miller, who helped engineer the Chrysler bailout 12 years ago. Still, O&Y spokesman Peter Rosenthal stressed that "Paul and Albert remain the primary stockholders...