Word: leavey
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...Leavey, who will serve as chairman until his retirement in July. Geneen's resignation came as a surprise to Raytheon President Charles Francis Adams and a shock to Wall Street. Geneen simply walked into Adams' office and announced: "I'm resigning." Company insiders say Geneen wanted Adams' spot as chief executive, realized that Adams was not about to yield. Geneen's resignation sent Raytheon's stock down 6½ points, touching off a wave of selling of other electronic issues. Reason: in his three years with Raytheon, Geneen, who came from a top post...
Sosthenes Behn, 74, stepped down as chairman and chief executive of International Telephone & Telegraph Corp., but will continue as a member of the board and the executive committee. Chief executive will be I.T. & T.'s new president, Edmond H. Leavey (TIME, May 7). Hawk-faced Sosthenes Behn founded I.T. & T. in 1920, when he and brother Hernand bought a struggling Puerto Rican telephone company, built it into a $687 million communications empire that operates radiotelegraph circuits from Moscow to New Zealand, owns 33 manufacturing and research affiliates throughout the world. Behn came under fire from stock holders who charged...
...Edmond H. Leavey, 60, was named president of the International Telephone & Telegraph Corp., succeeding the late William H. Harrison. Leavey, a Texan and a West Pointer ('17) with a civil-engineering degree from Rensselaer Polytechnic, taught military science at M.I.T. and served as chief engineer for WPA before going off to war. He commanded the troops building the U.S. base in northern Ireland, then became chief of the Mediterranean base section in North Africa before going off to the Pacific theater to become deputy Army commander of the Philippines. There he signed for the U.S. at the surrender...
Yamashita to Leavey...
Your otherwise excellent story on Jap surrenders-"A Bubble Bursts" [TIME, Sept. 10]-was dead wrong on one point. Yamashita did not surrender to General Wainwright but to Major General Edmond H. Leavey, Chief of Staff of the Army Forces in the Western Pacific, who was acting for Lieut. General W. D. ("Fat") Styer, commanding general AFWESPAC...