Word: wyndham
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...last week joined the army of the unemployed. Shareholders of his Geneva-based Investors Overseas Services, Ltd. gathered at the annual meeting in Toronto to elect a chairman and directors, and Cornfeld failed to attract enough votes for a seat on the board. The new chairman is Sir Eric Wyndham White, 57, who has acted in that role since Cornfeld was ousted as chief last...
I.O.S. president, Edward M. Cowett, also quit, though both he and Cornfeld remained as directors. The board picked a chairman, Sir Eric Wyndham White, who is the former head of the General Agreement on Tariffs and Trade (GATT), and a new president, Richard Hammerman, who is the head of the I.O.S. insurance operations and an increasingly powerful man. Their job was to make the best rescue deal possible...
...paintings, which included three whistlers and a portrait of T. S. Eliot '10 by Wyndham Lewis, were not seriously harmed, said Elizabeth Jones, chief conservator of the Fogg Art Museum. She said, however, that a portrait of Theodore Spencer, owned by Eliot House, "appeared badly blanched and will require extensive investigation to determine what sort of treatment is required...
...foreign governments. Erich Mende, former Vice Chancellor of West Germany and onetime leader of the country's third largest political party, runs I.O.S. operations in Germany (where the company makes nearly 40% of its sales). Sweden's Count Carl Johan Bernadotte and Britain's Sir Eric Wyndham White, the former head of tariff-writing GATT, sit on I.O.S.'s board of directors. Former German Chancellor Ludwig Erhard spurned Cornfeld's overtures, and now heads a rival mutual fund, but no less a personage than German Economics Minister Karl Schiller turned up as the main speaker...
...Eric Wyndham White, 55, has spent the past two decades coaxing industrial nations into lowering their tariff barriers to international trade. As head of the General Agreement on Tariffs and Trade (GATT) ever since its creation in 1948, he earned a reputation as a trusted and respected mediator. But when cooperation eluded him, the outspoken Briton's most characteristic tactic was a blunt threat to quit. And often enough, that threat got him what he wanted...