December 15, 1985
William G. Ylvisaker, chief executive of Gould Inc., will step down next spring, but will continue as board chairman, the company says. Ylvisaker, 61, who transformed Gould from a medium-sized battery company into a $2-billion-a-year electronics company, will also take a new position as chairman of the executive committee, with a principal focus on strategic planning as well as acquisitions and divestitures. Starting April 29, the chief executive of the company, based in Rolling Meadows, Ill.
November 13, 1985 |
Finishing a whirlwind American visit, Prince Charles scored a goal Tuesday to help his polo team win a friendly match, and the crowd of 12,000 cheered as his wife, Diana, presented the trophy to the winning team. Charles shrugged off an errant shot that hit him in the right shoulder to score a second-half goal for the Palm Beach polo team, which defeated an all-star squad, 11-10.
November 15, 1985 |
Snippets from the Palm Beach notebooks: "Smashing," said Prince Charles. He was referring to the dazzling emerald-and-diamond necklace Helen Boehm, his dancing partner, wore to the United World College International Gala at the Breakers. Mrs. Boehm's rings, an emerald and a diamond one, also caught the princely eye. Princess Diana's three strand choker of smallish pearls was more in keeping with British understatement. The princess' dancing pumps were mid-heel and silver.
December 1, 1985
ARCO To spur the growth of its solar business, the Los Angeles-based oil company spun it off as a company in its own right last year and instructed it to "think like a smaller company" instead of a big Atlantic Richfield division. It has to adhere to its parent's ethics standards but is free to set its own salary and employee benefits structure, dress code, style and staffing standards.
August 31, 1988 |
Nippon Mining of Tokyo, in what would be the fourth-largest Japanese acquisition of a U.S. company, agreed Tuesday to buy struggling Gould Inc. for $1.1 billion. Gould Chairman James F. McDonald said the decision to sell the computer and electronics concern "was based first and foremost on maximizing share value for our shareholders." Nippon, which has had a series of business partnerships with Gould dating to 1981, will offer Gould shareholders $23.25 cash per share.