Word: predecessor
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...eyes of Pusey’s predecessor, James B. Conant ’14, pleading the Fifth was tantamount to an admission of guilt, and many universities had dismissed faculty members who remained silent under questioning...
...variants, some of which will sail over the heads of the littlest kids in the audience (there's plenty else to keep them giggling) but will be very gratefully received by those on parental-guidance duty. This wonderfully animated movie is a little more softly pitched than its predecessor, but it still has plenty of rollicking spin on the ball. --By Richard Schickel
...companies whose stock is bouncing back the fastest are usually those whose new leaders have acted most quickly to tackle their core problems. In Britain, Cable & Wireless stock is up 50% since Italian turnaround expert Francesco Caio took over a year ago. He swiftly shed unprofitable operations his predecessor had bought in the U.S., including a big Internet hosting business, but had been reluctant to sell when they didn't pan out. At ailing insurer Royal & Sun Alliance, Andy Haste, 41, the CEO who took over last year, wasted little time in raising $1.8 billion in fresh capital and cutting...
...salary and link his bonus to the firm's performance. At Germany's Bertelsmann, one of the first moves by Gunter Thielen when he took over in August 2002 was to abolish the office of the chairman and the post of chief operating officer. Both had been created by predecessor Thomas Middelhoff in an attempt to consolidate power at the firm. "Thielen came in and said, 'Decentralize,'" says a senior Bertelsmann official. "More than anything, that restored calm." Thielen, a 24-year company veteran who also runs a small sausage factory in Saarland and a dental lab on the side...
...says, he planned to carry out "a calm diagnosis" of the company's many problems. Instead, he was plunged into a maelstrom. Two days after his appointment, Moody's threatened to reduce Vivendi's credit rating to junk status and thus seriously imperil its finances. Fourtou's predecessor, the celebrity CEO Jean-Marie Messier, had leveraged Vivendi to the bursting point. His legacy included opaque accounts, a huge pile of debt--$34.5 billion, of which $5.5 billion had to be repaid within nine months--and no cash...