Word: successors
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...Nasser to drive a Toyota for 20% of the day," says Yale economist Barry Nalebuff, who advised GE. Monti asked Welch to consider the terms and return that afternoon. Welch did, and rejected them. The next day, Welch called Card and flew back to the U.S. Jeff Immelt, his successor as CEO of GE, went to the Paris air show to pronounce the deal dead...
...midweek, Serbian Prime Minister Zoran Djindjic gave U.S. Secretary of State Colin Powell the assurances the American was seeking. Djindjic kept his word, despite a decision by a court, packed with Milosevic supporters, to overturn the order that would send him into exile. Vojislav Kostunica, Milosevic's successor as President of Yugoslavia, considered the handover "both illegal and unconstitutional," and the Prime Minister of the Yugoslav Federation, a comparatively powerless figure, resigned. But a majority of the ruling coalition supported sending Milosevic to the Hague, and Kostunica backed away from a threat to break up the government. Milosevic will face...
...company would have been able to offer customers an irresistible package--especially since GE, through its aircraft-leasing division, is itself a customer for planes. The commission sympathized with GE's competitors and asked the company to make disposals of assets way beyond anything that Welch and his successor as CEO, Jeffrey Immelt, deemed reasonable. GE hasn't formally walked away, in part to assuage Honeywell stockholders who might otherwise sue, in part because the full commission has yet to endorse Monti's view, and in part because hope springs eternal. But few now bet the deal will go through...
Rudenstine, whose tenure as a Harvard’s president will likewise end tomorrow, chose last fall not to conduct a search for a new dean himself but to leave the task to his successor...
...most rabid State Attorney General will blanch at the idea of going back into court, especially with such a legal jumble of a ruling (would we have to have a rerun of the whole trial, or just the remedy phase? Looks like it's up to Jackson's successor to decide...