Word: successors
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Dates: during 1990-1999
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...rise up the party ranks received a major boost immediately following the Tiananmen Square massacre in June of 1989. In part for his bloodless handling of protests in Shanghai during the summer of that year, Deng chose Jiang as his successor...
Jiang's main break, of course, was being chosen by Deng as his successor in 1989. It didn't hurt that Deng lived on for eight years as Jiang's protector or that he eventually grew too feeble to dump his protege--the fate of two previous heirs apparent. But there's also a sense in China that the relatively nonideological, technocratic Jiang may be the right leader for a China bursting with political, social and economic tensions, that what China needs now is an adroit, adaptable pol rather than a towering titan...
That momentum is likely to continue under Goizueta's probable successor, M. Douglas Ivester, 50, the company president, who is expected to be named CEO this week. It is a notable achievement that Goizueta built a management team that can absorb his loss. "They really have a depth of management," says Jennifer Solomon, an analyst at Salomon Brothers. "I would be much more concerned if this issue arose at some other companies." Ivester has virtually run Coke's operations since being appointed president three years ago, which allowed the cerebral Goizueta to manage the big picture...
...logic, directors of the phone giant last week handed the top job to C. Michael Armstrong, 59, chairman of Hughes Electronics, ending one of the most embarrassing corporate head hunts in recent memory. The board tapped Armstrong three months after disconnecting AT&T president John Walter as the designated successor to the embattled Robert Allen, 62, who is stepping down as chairman and CEO. Directors said Walter, who was plucked from printer R.R. Donnelley & Sons last year, lacked the "intellectual leadership" to head the seventh largest U.S. company...
...chosen the goliath Los Angeles Times, the chain's flagship, as his latest demonstration project. In the process, the former champion of breakfasts is demolishing the old order at America's fourth largest paper. Last month he swept out publisher Richard Schlosberg III and named himself the successor. Last week he accepted the resignation of a weary Shelby Coffey III, editor since...