Word: peccei
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...last year reached $508 million, up $62 million over '65. (Observers estimate that Olivetti's global profits were $16 million last year, up about 40%.) Next came the surprise: a change of top-level management in the wake of success. Out as chief executive officer went Aurelio Peccei, 58, the man generally credited with Olivetti's recent resurgence. He was named to the honorary post of vice chairman. Appointed joint managing directors were Robert Olivetti, 38, grandson of the company's founder, and Bruno Jarach, 55, an engineer risen through the ranks...
...unions embittered the immediate postwar years; with Giorgio Valerio, the head of Montecatini-Edison, the electric giant, whose hatred for the left is so virulent that he considered the center-left coalition in Italy little short of treason; and with such other capitalist barons as Olivetti's Aurelio Peccei, E.N.I.'s Marcello Boldrini and Finsider's Ernesto Manuelli. All of them already deal with the Russians-and all want to do more. "We do business wherever we can," says Valerio...
...tearing down the old nationalistic walls that divide its markets, restrict competition and protect inefficiency. That prescription is already obvious to almost everybody in the Atlantic Community-except, of course, De Gaulle. "We must become modern in our heads, not only in our gadgets," says Olivetti Managing Director Aurelio Peccei. "It is inconceivable that we in Europe are still bound by the nation-state concept. If we can get rid of these barriers, I see a tremendous upsurge-intellectual and psychological...
Vaughn negotiated the short, steep, slalom course only .8 seconds faster than Harvard's Kim Chaffee, the runner-up. Mark Jensen was tenth, Fred Noyes was 13th, and Riccardo Peccei was 15th for the Crimson...