Firms seek outside help to fill boards
Executive search firms report a shift from an oldboy network to targeted recruitment for directors. Korn-Ferry’s Paul Putney notes board members now face heavier duties, higher legal liability, and must serve actively or step aside. Surveys of 750 firms show governance broadening beyond retired officers and bankers to academics, major shareholders, lawyers, women, and minority members.
MENTIONED IN THIS ARTICLE
Korn-Ferry International
Paul Putney
Putney
Korn-Ferry
America
Stocks shift as New York market reports mixed gains
New York stock listings show mixed moves with several utilities and industrials advancing in afternoon trading. The AP summary notes notable gains for UPS and ICN Pharm among others while broader indices fluctuate on volume and price changes.
MENTIONED IN THIS ARTICLE
Downs New York
News York
I .Ups
Culligan
Chockfon
Atico
Hesston
New York
Landow Nein
Jody's
Ind
Viatech ‘Inc
Wal
Technitral
Bulldex Inc
Christian Co
Carter Burns Cooperation Under Economic Struggle
AP analysis examines whether President Carter and Fed Chair Burns can align on the fiscal push amid monetary tensions. January unemployment at 7.3 percent sparks questions about winter job losses and the lingering impact of the cold spell on February forecasts.
MENTIONED IN THIS ARTICLE
John Cunniff
NEW York
Carter
Arthur Burns
Burns
Congress
Federal Reserve Board
Fed
Carter Burns
Julius Shiskin
Bureau of Labor Statistics
Stump to Speak at Arizona Business Roundtable
U S Rep Bob Stump will address the Arizona Business Roundtable at 7 15 a m Thursday at the Camelback Sahara Hotel. He will discuss his first month in Washington with a follow up question and answer session. Reservations cost 350 for members and 4 for nonmembers.
MENTIONED IN THIS ARTICLE
Bob Stump
Camelback Sahara Hotel
Camelback Rd
Stump
Washington
Arizona Business Roundtable
Small Business Council
Arizona’ Chamber of Commerce
State Chamber
Arizona Chamber of Commerce
Motorola to Acquire Codex in Stock Swap Agreement
Motorola Inc and Codex Corp of Newton Mass announced an in principle agreement for Codex to be acquired by Motorola. Each Codex common share will be exchanged for 1125 Motorola shares in a tax free pooling of interests, with Codex becoming a wholly owned subsidiary. Codex supplies data communications equipment for interconnecting mainframes terminals and business machines.
MENTIONED IN THIS ARTICLE
Motorola Inc
Codex Corp
Newton
Mass
Codex
Motorola
Stocks edge higher as Carter news conference nears
New York stocks show a slight gain as investors await President Carter's afternoon news conference. The Dow Jones industrial average sits at 947.06, up .75, with more advancers than decliners and NYSE volume around 16.41 million by midafternoon.
MENTIONED IN THIS ARTICLE
New York
Stock Exchange
Ind
Cooperin
Craig
Airco
Crouni
Arizona
Ye Crownik
AltanAlu
Curtiswr
Dartind
AllisChal
Deere
Alcoa
Delon
DeltaAir
Dennys
Ahess
Disney
Eastair
Eaton Ava
Ovat Va Andrh
EmerEl
ApecoCp
Enserch
ArchDan
AshiOil
AttRich
Faircam
AtlasCp
Falrind
AvcoCp
BallyMl
BallyMl Wh
FstinBn
Balige
Ye Flintkot
BankAm
Bauschl
YW FdFair
Fordm
Frigtrn
Bendix
Fruehf
BenfiCp
Gafcp
Bennstl
GamSk
Gannett
Boeing
BucyEr
Bulova Me
Genesco
Burlind
Gen Dynam BorWar
Gettyo
Ou Buttesgo
Ve Gillente
T-C
GlobMar
As Am
CBS
Goodrh
Armco v
Rhyl- Ve
Armstek
Asarco
Exxon
CarrCp
CartWall
Chrysier
Hewlick
Citicorp
Nl — Hoern W
Aba
IBM
A & Ae
dhnMan
Dohnsin
Jonnen Ae
Jonbog Os
Kellogg
Kennet
Wat Kerr Mc
Kimbel
KnigtRid
Koppers
Kraft
Stet Ye Questor
Bue Kresger
Kroger
RCA
RalsPur
LukenSt
LykesCp
Mackees
MeadCp
Melville
Merck
MGM
Midsat
Mobil
Meadkin
Mohasco
Monsan
Monoyy
MonPw
Mor
Natoma
NewPw
Ugspl
Revion
Reynin
E ReyMet
Rockwall
W . Royid Ryders
Sanders
Va SanFeint Hove
Sfeind
Seog
Thiokol
Unocay
Upaccp
Uniroyel
URIMM
Merox
M —'ZaleCorp
Zenithr
The
Associated Press
SconPap
Cab
Searleg
Sears
ShellOll
Bas Singer
SonyCo
Socale
SouthiCo
Sonres
StBrand
SterDrug
Stevenj
StuWor
StallOh
AYA
Sunco
StautCh V
Carter
Also Mentioned on This Page
Scottsdale
Daily Progress
James
Mitchell Copley News Service
Business Mirror
Carter, Burns
Sear
Chevron
Orien
Coarantee Polyloom Turf Enterprises, Inc
Boinded
N.A.S.D
S.E.C.O
Santa Barbara
California
Doubletree Inn
Johni Akiskalian
the Highland
Madda Trading Company, Inc
Chicago Mercantile Exchange
London
Paradise Heights
Beardsley Assoc
Dany
Wlisled
Laws
Svewates
Stout
Sanaa
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