Philip Morris
'executive Suite: Michael Miles - Unemployed and Loving It'
Fields
- Author
- Zinn, L.
- Type
- NEWS, NEWS ARTICLE
- Area
- CORREA,EDELIA/OFFICE
- Attachment
- 2050910329/2050910415
- Site
- R523
- Request
- Stmn/R1-093
- Named Person
- Maxwell, H.
- Miles, M.A.
- Document File
- 2050910163/2050910524/Missing
- Named Organization
- General Motors
- H J Heinz
- Pepsico
- Pet
- Procter Gamble
- H J Heinz
- Author (Organization)
- Business Week
- Litigation
- Stmn/Produced
- Master ID
- 2050910385/0400
Related Documents:- 2050910385 PM - U.S.A. Morning Newsbriefs
- 2050910385A-0386 'philip Morris Posts Income Gain in Quarter'
- 2050910386A-0387 'philip Morris Reports Higher Earnings for Second Quarter, But Its Stock Falls'
- 2050910387A 'u.K. Clears B.A.T.'s Acquisition of American Tobacco'
- 2050910387B 'john J. Tucker to Retire From Senior Vp Position at PM'
- 2050910387C 'universal Corp. Plans Restructuring'
- 2050910388 'suing Tobacco Firms Said to Be Not Worth the Trouble ( Study)'
- 2050910388A 'more States Plan to Sue for Costs of Smoking'
- 2050910388B-0389 'editorial: Tobacco 'criminals''
- 2050910389A 'business Roundup: Food Lion Irks Cigarette Makers with Employee Smoking Ban'
- 2050910389B 'company News: American Brands to Sell Dollon & Aitchison'
- 2050910390 'b.A.T. Plc Up on Philip Morris Q2 Figures'
- 2050910390A 'croatia Produces Marlboro Cigs Under License'
- 2050910390B 'marion Merrill Dow Launches Nicorette in Japan'
- 2050910390C-0391 'cigarette Companies Try to Strike A Match in Asia'
- 2050910392 PM - U.S.A. Morning Newsbriefs
- 2050910392A-0395 'philip Morris Reports Second Quarter Results' Highlights of Philip Morris Press Release (940712) and 940000
- 2050910395A 'weld Signs Cigarette Law Authorizing Massachusetts to Sue Cigarette Makers for Smoking-Related Medicaid Costs'
- 2050910395B-0396 'teamsters Say They Won't Attend Philip Morris Meeting'
- 2050910396A 'florida Judge Refuses to Delay or Dismiss Suit by Smokers'
- 2050910396B 'joe Camel on Trial'
- 2050910397 'two B.A.T. Affiliates Have Ratings Lowered'
- 2050910397A 's&P Affirms Dibrell Brothers Ratings'
- 2050910397B 'standard Commercial Cut to Hold by Prudential'
- 2050910397C-0398 'unlucky Strikes'
- 2050910398A 'baseball - Dental Group Urges Tobacco Ban by Players'
- 2050910399A 'letters to the Editor: Insidious Smoke'
- 2050910399B 'obituary - Reynolds'
- 2050910399C-0400 'u.K. Eyes Tv Ban on Tobacco-Sponsored Sports'
- Date Loaded
- 05 Jun 1998
- UCSF Legacy ID
- gci93e00
Document Images
them. Boston's Fenway Park will post no tobacco ads after 1995,
and Colorado's new Coors Field will also ban the ads.
"Baseball-Dental Group Urges Tobacco Ban by Players"
Reuters (07/11/94)
The American Dental Association on Monday called for a ban on the
use of chewing tobacco and snuff by Major League Baseball players
during games. "Without a doubt studies show that snuff and chewing
tobacco are culprits in a variety of serious health conditions, including
oral, pharyngeal, oesophageal cancer, and periodontal diseases,"
said John Greene, dean of the University of California School of
Dentistry. Greene was the chief researcher in a new study released
by the Chicago-based association involving professional baseball
players. Many of the players partaking in the study were found to
have lesions and other problems during the oral examination, and
made serious efforts to quit using tobacco, according to the study
results.
"Executive Suite: Michael Miles--Unemployed and Loving It"
Business Week (7/18/94) P.32; Zinn, Laura
Michael A. Miles, late of Philip Morris, is America's most eligible
executive. Miles, PM's CEO, called it quits on June 17, facing near-
unanimous antagonism from his directors and from former Chairman
Hamish Maxwell--who had voted against splitting Philip Morris into
food and tobacco units three weeks before. it wasn't the most
graceful of exits. Miles won't talk much about Philip Morris or his
departure, except to say that "the way it's been played in the press
has been pretty accurate. I don't think anything is served by
rehashing it at this stage of the game." He has no regrets about
pushing to split the company: "I did the best I could. I don't have
any second thoughts about the decisions I made." And he denies
the rumors that his resignation was forced: "It was my decision, and
the timing was mine." Forced or not, Miles now reigns as America's
most eligible executive. Headhunters and food and tobacco industry
insiders say Miles could be a candidate for a top position at H. J.
Heinz, PepsiCo, Proctor & Gamble, and Pet Inc. Miles calls such
talk "wild rumors," and says he won't start pursuing employment until
September 1, and then feels "I think I ought to stick to something I
know something about, which is consumer packaged goods and
restaurants." Friends have suggested he put up some of this own
capital--he owns, among other assets, 86,267 shares of Philip Morris
stock, worth roughly $4.5 million--and join an investment firm. Miles
hasn't entirely ruled that out. When asked about General Motors,
which recently announced it is looking for a new marketing chief,
Miles responded, "I don't want to talk about that. That is strictly a
205091039&
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rumor, and it's very unlikely." Whatever happens, Miles insists he's
happy just hanging out. "in the news coverage of my departure,
someone said I was going to play golf and go to Italy. It never
occurred to me to go to Italy." And he doesn't know how to play golf.
But this summer, with time on his hands, he says he'll learn.
"Letters to the Editor: Insidious Smoke"
Wall Street Journal (07/12/94) P. A15
Nicole Bisagni of Pompano Beach, Fla., writes in a letter to the
editors of the Wall Street Journal about Rep. Thomas Bliley's "inane
comment, comparing smoking to skydiving, skiing, and shooting the
rapids," which appeared in the June 23 edition of the paper. Bisagni
complains that Bliley is ignoring the fact that those sports "do not
have negative health effects on innocent people." She writes her
letter from an office building that bans smoking from public places,
and claims that she will return "home tonight with smoke in my hair
and on my clothes, and the lethal mark of tar on my lungs."
Evidently, smoke drifts up from lower floors through the air vents to
her office. Bisagni closes her letter by making this point: "The
tobacco industry claims smokers have rights. Do I not have a right to
eat, work, and play without constantly being subjected to the noisome
and deadly secondhand smoke?"
"Obituary--Reyn olds"
Associated Press (07/12/94)
Richard Joshua Reynolds !l!, grandson and namesake of R.J.
Reynolds Tobacco Co.'s founder, died on June 28 in Pinehurst, N.C.,
at the age of 60. His half-brother Patrick Reynolds, an anti-smoking
activist, claims that Reynolds died of emphysema and congestive
heart failure caused by smoking, but that could not be independently
verified. Reynolds was a philanthropist, the founder of Full Sky
Publishing, a company dedicated to publishing work by young writers,
and produced the film "Siddhartha," based on the Herman Hesse
novel. He also founded the Sufi Institute in New Mexico. The Sufi
Foundation camp is located near Torreon, N.M., and is based on the
beliefs of the Muslim movement of Sufism. Reynolds' wife, Marie,
died earlier this year. The couple had no children.
"U.K. Eyes TV Ban on Tobacco-Sponsored Sports"
Advertising Age (7/'i1/94)
London--A parliamentary committee is demanding a ban on national
TV coverage of tobacco-sponsored sports events after current
contracts expire. The committee's goal would be to extend the ban to
n
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