Word: shakeing
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...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...
With thousands of jobs at stake, industry leaders have launched a hard-sell campaign, dubbed U.S. Jobs Now, which features a slick video sent to Capitol Hill lawmakers. "We have a potential customer, and we're trying to make sure that customer gets a fair shake inside the U.S.," says John Capellupo, the president of McDonnell Aircraft. The contractors' argument is that if the U.S. turns down the deal, the Saudis will go to a European manufacturer. The Saudis have 96 F-15s, which they began acquiring in the early 1980s, but when the U.S. refused sales in mid-decade...
...think there's anyone running for President who can shake the country out of its domestic doldrums...
...boycotts, petitions, open letters to the community, rallies, pickets--these are disruptive protest measures, but that's the point. They shake up a system that needs to be rattled in order to progress. These methods bring attention to a problem the students feel very strongly about without being violent, destructive to property or even overly rhetorical. The message is simple: We're not going away until you hire more women and minority faculty...
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...