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Richard Brinkman

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BUSINESS
September 28, 1988 | VICTOR F. ZONANA, Times Staff Writer
IBM's fourth-highest-ranking official, Executive Vice President Allen J. Krowe, said Tuesday that he is taking early retirement at age 56 to become senior vice president and chief financial officer of Texaco Inc. The giant computer company also announced that it authorized repurchasing of up to $2 billion of its common stock.
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BUSINESS
September 28, 1988 | VICTOR F. ZONANA, Times Staff Writer
IBM's fourth-highest-ranking official, Executive Vice President Allen J. Krowe, said Tuesday that he is taking early retirement at age 56 to become senior vice president and chief financial officer of Texaco Inc. The giant computer company also announced that it authorized repurchasing of up to $2 billion of its common stock.
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BUSINESS
April 10, 1987 | MICHAEL A. HILTZIK, Times Staff Writer
Texaco may file for bankruptcy protection by Monday if it is unable to reach an agreement on how much of its assets it must pledge as security to Pennzoil while the companies' acrimonious legal dispute moves through Texas state courts, it was learned Thursday. Sources close to meetings between the two oil companies said Pennzoil so far has been "unsympathetic" to Texaco's contention that it is unable to put up security valued anywhere near the $12 billion that Pennzoil has asked.
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