December 23, 1996 |
Putting his first major stamp on AT&T Corp., new President John R. Walter has replaced the head of the company's ailing consumer unit with one of its top marketing managers. Gail J. McGovern, executive vice president of AT&T's business markets division, succeeds Joseph P. Nacchio in running the consumer and small business unit.
February 28, 1997 |
AT&T Corp. President John R. Walter on Thursday pushed ahead with a much-awaited overhaul of the company, centralizing control of its disparate businesses and cutting hundreds of management jobs. The action, just four months after Walter was hired as the future replacement for Chairman and Chief Executive Robert E. Allen, is intended to revitalize core businesses, cut costs and make management more accountable to Walter.
October 24, 1996 |
Tapping a relative unknown to solve its high-profile problems, AT&T Corp. surprised the business world Wednesday by naming John R. Walter, 49-year-old chairman of commercial printer R.R. Donnelley & Sons Co., as the telephone giant's new president, chief operating officer and heir to Chairman and Chief Executive Robert E. Allen.
October 9, 2010 |
Jurors in the fraud trial of former Countrywide Financial Corp. executives will be allowed to see e-mails and a handwritten note from the lender's former chief financial officer, who said he feared becoming a "magnet [for] prosecution" and told his father, "I can lose my net worth or go to jail for things I don't even know," a judge ruled Friday. The documents "go to the heart of the issues in this case" by shedding light on the thinking of former CFO Eric P. Sieracki, U.S. District Judge John J. Walter said in making his decision.
December 10, 2006 |
The top U.S. anti-drug official said Afghan poppies would be sprayed with herbicide to combat an opium trade that produced a record heroin haul this year. The Afghan government has not publicly said it will spray, but John Walters, the director of the U.S. Office of National Drug Control Policy, said President Hamid Karzai and other officials had agreed to ground spraying.
May 9, 1995 |
If employees at Ventura's Doubletree Hotel have appeared laid back recently, it's because they have bought into so-called casual days to aid victims of the Oklahoma City bombing. On the past two Fridays, most staff members who donated $3 were allowed to dress casually. Managers had to pay $5 for the privilege. John Walters, the hotel's general manager, said donation cans have been placed throughout the facility so guests and others can also take part in the drive.