Word: tandems
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...decisions and stunning achievements. In space, the U.S. creditably launched not only John Glenn but Telstar and Mariner II, but it was a team of anonymous Russian scientists who made the year's biggest space news by lofting the space twins, Nikolayev and Popovich, on record-breaking, three-day tandem orbits of the earth...
Cheaper Than Concubines. The brothers work in rare tandem. They share a joint bank account, have adjacent offices at Sir Elly Kadoorie & Sons. Ltd., which is named after their late father, an Iraqi Jew who became a naturalized British subject, went to Hong Kong in 1880 and carved out a fortune in land, rubber, banking and insurance. Together, the brothers sit on the boards of 36 major companies. Restless, sophisticated Lawrence Kadoorie, 63, has also been on several government administrative boards, pays particular attention to the power company, the biggest Kadoorie investment. He collects ancient Chinese art works because...
Exeter, though often mentioned in tandem with Andover, is significantly different. Exeter has put up only one new building in 30 years, but is richer (endowment: $35.2 million, book value). It began actively recruiting poor boys long before Andover. Though it gives fewer scholarships to fewer students, it gives bigger ones, reaches deeper into low-income groups...
...consumer products group. Borch, who started with G.E. as a traveling auditor, will take from Cordiner full responsibility for directing manufacturing and marketing by all five G.E. operating groups. More important, the promotion marks him as a prime candidate to move−some day−into the tandem leadership of G.E. with President Gerald J. Phillippe, 52, who now heads all G.E. services, such as engineering and accounting...
Geneen, but in 1959, chafing under Adams' unwillingness to give him the presidency, Geneen jumped to I.T.&T. Upping his price, Adams next brought in. from Ford, lean, genial Richard Krafve (rhymes with taffy), 54, and soon set up a "tandem management" arrangement under which Krafve, as president, and Adams, as chairman, shared control of the company with neither having the final say. Explained Krafve: "If we were that far apart, one of us would just have to go." Last week, finding himself that far apart, Krafve resigned, leaving Adams to reassume the presidency. The reason: a series...