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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Oct 03, 1982

Page

59

Robert Dorman Advanced to VP at Current Inc

Robert Dorman formerly of Cedar Rapids is promoted to vice president of concept development at Current Inc in Colorado Springs. He will shape long range plans to expand the product line and advance new product ideas for the stationery and gift firm. Dorman joined Current in 1975 as an art illustrator and became art director in 1976. He is the son of Mr. and Mrs. O R Dorman of Marion.

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Optimism in Iowa Manufacturers Poll Indicates Modest Gains

Iowa manufacturers report improving outlook with 53 percent seeing gains over the next six months. The survey covers Des Moines Red Oak Sioux City Burlington and Waterloo with regional pessimism in the southeast. Respondents cite demand and high interest rates as key problems and favor tax changes to aid expansion and unemployment relief measures.

Des Moines Iowa Iowa Manufacturers Association Red Oak Sioux City Burlington Waterloo

Stocks and corporate changes update week ending Oct 1 1982

United Press International reports on stock moves with increased dividends for Hospital Products Borg Warner Cleveland Electric and others. It lists cash and stock splits including Pneumo Corp and Granger Associates, resumed dividends for Equitable Life Mortgage and earnings figures for Avery International Ohio Sealy Mattress and Senior Corp. The report notes proposed name change Northwest Bancorporation to Norwest Corporation and listings tentative for Beverly Enterprises and Maine Industries Inc on the NYSE.

United Press International Kc Borg Warner Cleveland Electric Curtiss Wright Corps Kroger Co Pneumo Corp Duro Dougherty Brothers Co Sandgate Corp Granger Associates Equitable Life Mortgage Avery International Senior Corp Ohio Sealy Mattress American Hospital Supply Endicott Penta Paipe N.Y.S.E Beverly Enterprises N.Y.S

Golden parachute contracts rise in wake of takeovers

Ward Howell International reports 15 percent of top U.S. companies have golden parachute deals for senior managers amid rising hostile bids. Contracts usually cover two to five executives, with some firms protecting many more, including over 60 percent in three cases. Ulrich calls it merger mania and executives seek assurance of continued compensation.

N.Y. Times News New York Ward Howell International Inc Max M. Ulrich Ward Howell

Also Mentioned on This Page

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