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BUSINESS
January 3, 1996 | NANCY RIVERA BROOKS, TIMES STAFF WRITER
Great Western Financial Corp. has officially handed over its reins to a new chief executive, but the new boss sees little change in basic direction for the parent of Great Western Bank. On Monday, the CEO job officially passed from James F. Montgomery, a savvy thrift industry fixture who personified the Chatsworth-based company's Old West image, to John F. Maher, an investment banker who helped design the firm's push into banking services.
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CALIFORNIA | LOCAL
May 11, 1999 | D.B. YOUNG, SPECIAL TO THE TIMES
Two years after riding into the sunset as Great Western Bank's final chief executive, John Maher has largely disappeared from the San Fernando Valley and Los Angeles business worlds. He walked away from his job with stock options valued at almost $14 million in 1997 and has led a quiet but comfortable life since then. "I'm really spending most of my time kind of taking care of my own business," Maher said in a recent interview from the office he maintains near his Bel-Air home.
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CALIFORNIA | LOCAL
May 11, 1999 | D.B. YOUNG, SPECIAL TO THE TIMES
Two years after riding into the sunset as Great Western Bank's final chief executive, John Maher has largely disappeared from the San Fernando Valley and Los Angeles business worlds. He walked away from his job with stock options valued at almost $14 million in 1997 and has led a quiet but comfortable life since then. "I'm really spending most of my time kind of taking care of my own business," Maher said in a recent interview from the office he maintains near his Bel-Air home.
BUSINESS
January 3, 1996 | NANCY RIVERA BROOKS, TIMES STAFF WRITER
Great Western Financial Corp. has officially handed over its reins to a new chief executive, but the new boss sees little change in basic direction for the parent of Great Western Bank. On Monday, the CEO job officially passed from James F. Montgomery, a savvy thrift industry fixture who personified the Chatsworth-based company's Old West image, to John F. Maher, an investment banker who helped design the firm's push into banking services.
BUSINESS
April 26, 1995 | THOMAS S. MULLIGAN
Great Western Financial Corp., parent of the nation's second-largest savings and loan, signaled its executive succession plans Tuesday by naming John F. Maher chief executive, effective at year end. Maher, 51, a former investment banker, has been president and chief operating officer since 1986. James F. Montgomery, 60, current chairman and chief executive, will retain the chairman's post.
BUSINESS
September 24, 1986
John F. Maher has been elected to the board of directors of IRT Corp.
BUSINESS
September 10, 1986 | TOM FURLONG
John F. Maher, a managing director in the Los Angeles office of Shearson Lehman Bros., has been named to the No. 2 job at Great Western Financial in Beverly Hills, succeeding Robert B. Holmes, who recently resigned, it was announced Tuesday. Maher was elected president and chief operating officer of Great Western, effective immediately. Great Western Financial, with about $25 billion in assets, is the parent company of Great Western Savings, the nation's third-largest savings and loan firm.
BUSINESS
March 6, 1997 | Times Staff and Wire Reports
Chatsworth-based Great Western Financial Corp. implored its shareholders to shun the embrace of its rival in the savings and loan business, H.F. Ahmanson & Co., while it ponders Ahmanson's takeover bid and any alternatives that emerge. Irwindale-based Ahmanson made the all-stock offer public on Feb. 18. It is currently worth about $6.1 billion--more than 30% above Great Western's pre-offer market value. In a letter to his shareholders, Great Western Chief Executive John F.
BUSINESS
February 20, 1997 | DON LEE, TIMES STAFF WRITER
Amid increasing signs that a bidding war will erupt for Great Western, the savings and loan's chief executive on Wednesday lashed out at statements made by the management of its hostile suitor, H.F. Ahmanson & Co. In an e-mail bulletin to employees Wednesday afternoon, Great Western Chief Executive John F.
NEWS
March 10, 1996 | MARY LOU LOPER, TIMES STAFF WRITER
The Heart Ball was good for the heart--brimming with success, prominent leadership and funny quotes. Phyllis Diller came onstage flaunting hair 2 feet wide. She left the crowd hysterical: "You know you're old when . . . someone compliments you on your alligator shoes and you're barefoot!" The Lettermen were easy on the heart, too, with old songs like "When I Fall in Love" and "Put Your Head on My Shoulder."
BUSINESS
April 26, 1995 | THOMAS S. MULLIGAN
Great Western Financial Corp., parent of the nation's second-largest savings and loan, signaled its executive succession plans Tuesday by naming John F. Maher chief executive, effective at year end. Maher, 51, a former investment banker, has been president and chief operating officer since 1986. James F. Montgomery, 60, current chairman and chief executive, will retain the chairman's post.
BUSINESS
May 27, 1991 | KATHY M. KRISTOF, TIMES STAFF WRITER
Expensive company-paid perquisites--such as country club memberships and the use of the company planes--are among the examples experts cite most of corporate excess. Executives who can most afford to pay for life's luxuries are granted what they need, while company underlings are forced to muddle through with few, if any, offers of help from their firms, compensation consultants point out.
NEWS
May 26, 1991 | JAMES RAINEY, TIMES STAFF WRITER
Naysayers talk about the high rents. Then they talk about the traffic. Then they talk about the high rents some more. But it doesn't matter how much outsiders pummel the Westside. Los Angeles' captains of industry, entertainment and commerce still choose the area more often than any other, except perhaps downtown, to make their corporate homes.
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