Board jobs turn riskier for outside directors
A Knight-Ridder report shows outside directors receive large fees but face rising personal liability. Lawsuits and costly D&O insurance push many to decline or resign from corporate boards, as courts hold directors accountable for perceived missteps.
MENTIONED IN THIS ARTICLE
Ryder System
Knight-Ridder
AmeriFirst
Federal Savings and Loan Association
James W. McLamore
National Association of Corporate Directors
Mesa Petroleum begins Hugoton gas drilling with 90 wells planned
Mesa Petroleum under T Boone Pickens moves to drill 90 gas wells in the Hugoton field in western Kansas during the first quarter of 1987, pending court actions. ECC approval allows infill drilling to boost reserves. KCC sets four year production ramp. Dallas-based partners and pipeline opposition noted.
MENTIONED IN THIS ARTICLE
Hugoton
Kan
T. Boone Pickens
Mesa Petroleum Co
Kansas
Mesa
Kansas Corporation Commission
David Batchelder
ECC
Hugoton Field
Cities Service Oil & Gas Corp
Tulsa
Northern Natural Gas
Panhandle Eastern Pipe
Biotech money meets lab science in new era of research
Venture funding and private investment surge as scientists like Dr. Jan Vilcek blend academia with industry. Biotech stocks, corporate sponsorships, and new firms push gene splicing, antibody work, and AIDS cancer research, despite ethics concerns and stock volatility.
MENTIONED IN THIS ARTICLE
New York
Suntory
Jan Vilcek
Vilcek
New York University Medical Center
Suntory Ltd
Gary Buck
Cambridge BioScience Corp
Hopkinton
Mass
Harvard University
Wall Street
Steven Kaye
Fidelity
Select Biotechnology Fund
Fidelity Investments Co
Boston
Noo Nofifeee
PaineWebber Group Inc
ICN Pharmaceuticals Inc
E.F. Hutton Group Inc
Newport Pharmaceuticals International Inc
Alvin Glasky
Food and Drug Administration
Richard Peto
Britain
Oxford University
Peto
SmithKline
Jerome Ballan
Balfour Securities Corp
Gills
Immunex
Also Mentioned on This Page
James Russell
Knight-Ridder Newspapers
D&o
D&d
Delaware
Trans Union Corp
Pritzker Family
Chicago
Pritzkers
Pilot Pen Corp
Trumball
Pickens’ Company
Nature
Science
Biotechnology
Steven Gillis
Academia
Immunex Corp
Seattle
Inet
ICN
Fidelty
Kaye
Stephen Buell
Oppenheimer & Co
Genentech Inc
IPA
SmithKline Beckman Corp
Gillis
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