Amtrak, facing a critical juncture, plans to name Warrington to CEO post
Article Abstract:
Amtrak is still being allowed to make itself viable and pay its own way. Now the government subsidized and taxpayer financed railroad agency will try another president, this time, acting president George Warrington, who took over when Thomas Downs left in December 1997. Warrington, 46 years old, comes from New Jersey's commuter-rail operation where he held an executive position. The new president will have to deal with labor unions, politicians and freight railroads that allow Amtrak to use their tracks and rights of way. The agency currently loses about $500 million a year.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1998
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SmithKline's Collum to become chairman of Chiroscience Group
Article Abstract:
Hugh Collum, the chief financial officer of SmithKline Beecham PLC, has reached an agreement to become the new chairman of Chiroscience Group PLC. Mr. Collum's appointment will go into effect on October 1, 1998. He is replacing Lord Henry Chilver as the company's chairman. Mr. Chilver had previously announced that he was retiring. Analysts showed concern over the future of SmithKline as they asserted that it will not easy to find a replacement for Mr. Collum.
Comment:
Hugh Collum, chief financial officer of SmithKline Beecham PLC, to become the new chairman
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1998
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