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June 20, 1994 | STUART SILVERSTEIN, TIMES STAFF WRITER
The head of Philip Morris Cos. abruptly quit over the weekend in a stunning shake-up at the nation's biggest tobacco concern. Chairman and Chief Executive Michael A. Miles, a veteran of the company's food business who has been criticized by tobacco partisans for being unresponsive to attacks on the cigarette industry, is being replaced by two executives with long experience on the tobacco side of the business. The changes at the helm of New York-based Philip Morris come as the entire U.S.
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NEWS
June 20, 1994 | STUART SILVERSTEIN, TIMES STAFF WRITER
The head of Philip Morris Cos. abruptly quit over the weekend in a stunning shake-up at the nation's biggest tobacco concern. Chairman and Chief Executive Michael A. Miles, a veteran of the company's food business who has been criticized by tobacco partisans for being unresponsive to attacks on the cigarette industry, is being replaced by two executives with long experience on the tobacco side of the business. The changes at the helm of New York-based Philip Morris come as the entire U.S.
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BUSINESS
February 26, 1987
Philip Morris Cos., the New York-based tobacco and food conglomerate, announced a management restructuring involving several executives. R. William Murray, the president and chief executive of the Philip Morris International unit, will become vice chairman of the parent company. Murray will be responsible for the company's worldwide tobacco operations.
BUSINESS
December 4, 1994 | SKIP WOLLENBERG, ASSOCIATED PRESS
Richard Parsons pokes his head out of a conference room and asks if he can have a few more minutes before a scheduled interview. He's got a few loose ends to wrap up here at Dime Bancorp--a proposed merger must still be closed--before he can discuss his next career move. In nearly two dozen years of work, Parsons has already led three lives--as a government policy-maker, lawyer and bank company chairman. He starts a new one in February when he becomes second in command at Time Warner Inc.
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