Corry Faces Rough Path as USX Chairman Takes Reins
In Pittsburgh Charles Corry 56 replaces David Roderick 65 as chairman of USX Corp a transition many saw as smooth Wall Street eyes Icahn the biggest shareholder who may press Corry to dump U S Steel If he agrees the firm would shift from steel to energy after a 6 billion Marathon Oil acquisition in 1982 Analysts warn there is little synergy between steel and oil and this could depress the stock. Roderick who redirected USX toward energy declined further comment.
MENTIONED IN THIS ARTICLE
Pittsburgh
Charles Corry
David Roderick
USX Corp
Carl Icahn
USX
Corry
U.S. Steel
Wall Street
Icahn
Roderick
U.S. Steel Corp
Marathon Oil Co
Bieber Faces Challenge as UAW Chief Tightens Grip
Detroit report examines Owen Bieber leader of the United Auto Workers, his blunt stance against rivals led by Jerry Tucker, and his seat on Chrysler’s board with Lee Iacocca. It covers Bieber’s reforms, cross industry organizing, and the labor politics shaping his 59 year old tenure.
MENTIONED IN THIS ARTICLE
Detroit
Owen F. Bieber
Chrysler Corp
Lee Tacocca
United Auto Workers
Uhen
U. S
Bieber
UAW
New Directions
St. Louis
Jerry Tucker
Kraft General Foods Faces HighWire Year After $12.9 Billion Kraft Buyout
Kraft General Foods, formed by Philip Morris from Kraft and General Foods, must balance rapid integration with protecting marquee brands like Maxwell House, Jell O, Kool Aid, and Oscar Mayer. The new giant aims double digit sales growth while avoiding brand damage and cash‑flow pinch across seven operating groups.
MENTIONED IN THIS ARTICLE
General Foods
Maxwell House
Kraft
Michael A. Miles
Kraft General Foods
Tellar
Glenview
John M. Richman
Velveda
Cheez
Whiz
Maxwell House Coffee
Post Cereals
Oscar Mayer
America
Philip Morris
Kraft and
White Plains
General Foods Corp
Kraft USA
General Foods USA
Kraft General Foods International
Kraft General Foods Canada
Kraft General Foods Frozen Products
U.S
Also Mentioned on This Page
Lorain
Téhanine Exner
Sokichi Kametaka
Kobe Steel Ltd
Lorain County
Lorain Works
Kametaka
United States
Japan
Kobe
Ohio
Glastic Corp
Cleveland
Michael Arndt
Liz Sly
Chicago Tribune
Rosario Jacqua
Nikko Securities International Inc
New York
Charles A. Corry
Frederick Standish
Associated Press
Chrysler
Tacocca
Lee Iacocca
McInerney Spring and Wire Co
Grand Rapids
Mich
General Motors Corp
Flint
Michigan
Indiana
Illinois
National Labor Relations Board
Indiana Line
Desmond Tutu
Reagan
Bush
Bicher
Eastern Airlines
Republican
White House
Solidarity Union
Poland
Solidarity
United States of America
Chicago
Philip Morris Cos. Inc
Kraft Inc
General ‘Foods Corp
Miles L. Margh
Kraft Operations and Technology
John M. Keenan
General Foods Cattee & International
Thomas Herskovits
Kraft's Dairy Group
George F. Goebeler
US. Commercial Group
Kraft's International Group
The
New Food Company
Hamish Maxwell
Ervin R. Shames
Jes W. McVey
Robert S. Morrison
Chicago Tribune Graphic
Tem
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