Due to rapid consolidation in the media and telecommunications industries, GM is now considering alternative strategic transactions involving Hughes and other participants in those industries, ... Any such transaction might involve the separation of Hughes from General Motors.
More Quotes from Harry Pearce:
We needed stability, to be very transparent in our commitment to the future of the company. It was very important in my judgment that we not prolong the process. It had to be a high-quality search but we had to move quickly.Harry Pearce
We would like to take cars out of the environmental debate.
Harry Pearce
Nortel had misrepresented results over several years, possibly in an effort to trigger bonus payments, sparking regulatory and criminal investigations in the U.S. and Canada. The company was forced to restate a half-decade's results, diverting management's resources and spooking some customers (see BW Online, 032205, More of Nortel's Slip Is Showing ... absolute crisis.
Harry Pearce
Quite frankly, but for Bill Owens' efforts in this regard, I'm not sure we'd be sitting here today,
Harry Pearce
We worked in good faith to resolve this issue with Motorola and we are very pleased with the successful outcome, ... The Board selected Mike as we believe he is the best candidate to assume the role of president and CEO and we have every confidence in him. We look forward to a great future together.
Harry Pearce
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An unexpected benefit of my career in biochemistry has been travel.
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And it wasn't until '84 when I was first asked to come to Sweden and do an album and concert tour.
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