Word: chief
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Dates: during 1960-1969
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...corporate power, however, Clausen is almost unknown. He belongs to few clubs and, unlike many bankers, has never headed a Chamber of Commerce. From now on, he will operate more in the public eye. Last week Bank of America directors chose "Tom" Clausen, 46, to become president and chief executive of the world's largest commercial bank...
...passed, he decided to become a banker rather than a lawyer. He rose rapidly through a succession of lending jobs, many of them involving the financing of corporate mergers and takeovers. Clausen owes his big promotion partly to the fact that he is eleven years younger than his chief rival, Executive Vice President Clarence Baumhefner. The bank has been moving up young executives fast, a trend that Clausen has helped to further. Though he usually lunches with customers, he saves a couple of lunches a month to become better acquainted with younger managers. "The managers of tomorrow will...
...World Bank and other international banks the U.N. shook up the Mekong management two months ago in a way intended to heighten its appeal to Western capitalists and Asian Communists alike. Dr. C. Hart Schaaf, 57, an outspoken and visionary Indiana professor who in ten years as chief executive became known as "Mr. Mekong," was reassigned to Ceylon. U.N. executives felt that the chief should be non-American, particularly if the project is ultimately to draw the support of North Viet Nam. They selected Switzerland's Victor H. Umbricht, head of CIBA Ltd., the drug manufacturer...
Unhealthy Atmosphere. The decision -from which Chief Justice Warren Burger dissented*-does not touch truly private clubs. But it may deter blatant discrimination in similar recreational centers, which number as many as 130 in the Virginia-Maryland suburbs alone...
...Warren Burger's installation as Chief Justice...