T.R | Title | User | Personal Name | Date | Lines |
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2013.1 | | SDSVAX::SWEENEY | Rum, Romanism, Rebellion | Thu Jul 23 1992 08:35 | 15 |
| Not having heard the Ch. 7 (I presume this is Boston's Ch. 7)
I can't comment on it.
But what's missing from you account of it, is precisely, _who_ in a
position to know, "confirmed" it. It would, of course, need to be one
of the directors, or a spokesperson for the directors. Since it's a
good bet that such a story would be on the newswires, and it hasn't, I
suspect something else.
Ch 7. may have confirmed something else: that Ken Olsen _told_ employees
that the BOD "fired him" by contacting an employee who heard it from
Olsen, or heard it from someone who heard it from Olsen.
Ken Olsen may have felt as if he were fired, but we haven't heard yet
from the BOD.
|
2013.2 | And you won't | VERGA::FACHON | | Thu Jul 23 1992 12:23 | 29 |
|
Digital - Bob Palmer elected president, CEO and Board member
{Livewire, Worldwide News, 22-Jul-92}
Digital announced today, as expected, that the Board of Directors has
elected Bob Palmer president, chief executive officer and a member of the
Board of Directors. Bob's membership on the Board is effective immediately. He
will assume the positions of president and CEO effective Oct. 1, 1992, when
President Ken Olsen retires.
In connection with Ken's plan to retire, the Board released the following
statement:
Ken Olsen is a computing pioneer and has made unprecedented
contributions to the industry. Throughout his long and
distinguished career he has won the respect and admiration of
employees, customers and business partners.
When he started Digital, he took on the enormous challenge of
converting the world to a revolutionary style of interactive
computing. His creativity and success in doing this and
building Digital are unparalleled achievements. Ken's leadership
has made computing approachable and affordable. This vision is
the foundation of Digital.
Ken's vision attracted and challenged some of the most talented
people in the industry. One of them, Bob Palmer, will succeed
Ken. We have observed Bob for many years. We are confident
that he and his management team will build aggressively and
creatively on the Ken Olsen legacy.
|
2013.3 | From today's Computergram | ROM01::CIPOLLA | Bruno Cipolla Alpha team, take no prisoners! | Thu Jul 23 1992 13:10 | 9 |
| - o -
It's (more or less) official: Ken Olsen, as we suggested at the
time, was pushed into resigning by the board: the Wall Street
Journal hears of a meeting with employees this week at which
Olsen discussed how he was unable to make the necessary
organisational changes at Digital Equipment Corp, in particular
failing to get engineering groups to report to marketing, and
then said "that's why I was fired."
- o -
|
2013.4 | | NOTIME::SACKS | Gerald Sacks ZKO2-3/N30 DTN:381-2085 | Thu Jul 23 1992 14:58 | 5 |
| There's no great mystery. Ken spoke to 100 or so engineers at PKO.
He made the remark about being fired (which you could read about in
this conference within hours). From there it spread outside, was
picked up by the NY Times or Wall Street Journal, and was then picked
by other media outlets.
|
2013.5 | It was said | SMAUG::GARROD | Floating on a wooden DECk chair | Thu Jul 23 1992 18:35 | 11 |
| Re .1
Are you calling all of us who wrote in this notesfile that we heard Ken
speak the words that he was fired liers? Also to imply that Ken would
say he was fired when he wasn't is very disrespectful of him. He is
far too great of a man to make up a story like that. I have nothing but
admiration for his courage to stand up in front of 400 people and tell
it how it is rather than the horsepuckey that's come out of the
propaganda ministry.
Dave
|
2013.6 | I didn't WRITE the news, just reported it.... | QETOO::MCCARTHY | | Thu Jul 23 1992 19:18 | 29 |
|
Re: .1
I thought the entry was clear and nearly a quote of the Boston Ch 7
news account." Ken Olsen confirmed that he was indeed fired by the BOD."
I can only comment on what I heard and believe they confirm their
sources. The message 'appeared' that they witnessed the comment by
their choice of wording instead of "it has been rumored" or "an
unnamed source stated" or other types of phrases. They showed a
picture of KO walking only (no voice).
I do not know 'for sure' if he said it. Specifically, I've been hearing
of the accounts that he said it at the PKO address and I must admit, I
listened to his address VERY closely and did NOT hear him use the words
or phrase "they fired me". He 'may' have but I don't believe I would
have missed THAT especially with the RESPONSE T H A T would have
generated... He DID say "He failed" WRT (With Respect To) being unable
to get his managers to follow the New Management System.
Re: .5
I agree that 'if' KO said it, it would be true and not some simile,
exageration, or other type of reference.
Enough said, lets wish Ken, Bob, and the rest of us good luck as we
each "do our thing" to straighted out the Company...
Pat
|
2013.7 | the difference is... | TRLIAN::GORDON | | Thu Jul 23 1992 19:26 | 6 |
| re: .1
the difference between a person trained as an engineer(like Ken)
and other people is fairly simple....engineers deal in facts no matter
how bad they may be...others deal in fanatacies i.e. they say what
people want to hear not what the facts are...IMHO
|
2013.8 | | ECAD2::SHERMAN | ECADSR::Sherman DTN 223-3326 | Thu Jul 23 1992 19:43 | 7 |
| FWIW, Channel 7 "news coverage" tends to lean towards sensationalism, IMO.
Personally, I have very little respect for their style and tend to take
what they report with care, kind of like the Enquirer. I rather prefer
what seems to me to be more accurate news coverage from the likes of
channels 5 or 56 or 'GBH (all Boston area stations).
Steve
|
2013.9 | Dont' hold your breath for this. | SDSVAX::SWEENEY | Rum, Romanism, Rebellion | Thu Jul 23 1992 19:57 | 7 |
| No one is a "liar" here.
What is plain meaning of "confirm" when a person says the he was fired?
The person or persons who fired him say "Yes. We fired him."
Until the BOD or their spokesman speaks, it isn't confirmed.
|
2013.10 | Worm Alert! | HOCUS::OHARA | Vote for Ren and Stimpy! | Thu Jul 23 1992 22:31 | 14 |
| <<< Note 2013.7 by TRLIAN::GORDON >>>
-< the difference is... >-
re: .1
the difference between a person trained as an engineer(like Ken)
and other people is fairly simple....engineers deal in facts no matter
how bad they may be...others deal in fanatacies i.e. they say what
people want to hear not what the facts are...IMHO
Oh, so the only ones with a real grip on reality are the engineers? Do you
REALLY want to open this can of worms?
|
2013.11 | But the Chairman of the Board did speak | SMAUG::GARROD | Floating on a wooden DECk chair | Fri Jul 24 1992 02:46 | 10 |
|
Re:
> Until the BOD or their spokesman speaks, it isn't confirmed.
Correct me if I'm wrong but isn't Ken Olsen Chairman of the Board of
Directors of Digital Equipment Corporation? It was Ken Olsen that was
speaking at Parker Street.
Dave
|
2013.12 | | SDSVAX::SWEENEY | Rum, Romanism, Rebellion | Fri Jul 24 1992 08:50 | 6 |
| Ken Olsen isn't "Chairman of the Board" according to official records
filed with the SEC or the Annual Report. The COTB title is one that
floats around informally and inaccurately.
When it comes to a matter affecting a director who is also an employee
personally, that employee doesn't speak for the Board of Directors.
|
2013.13 | enough of these semantic games already | VAXRT::WILLIAMS | | Fri Jul 24 1992 09:34 | 7 |
| I was at the PKO meeting with KO. I believe I heard him say "...and
then they fire you..." in relation to his leaving DEC. I believe he
felt fired. That's good enough for me. If the board wants to call
it TFSO, SERP, canned, mutually agreed parting of the ways ..., who
cares?
/s/ Jim Williams
|
2013.14 | perhaps this is ceo assist! | TOOK::SCHUCHARD | Don't go away mad! | Fri Jul 24 1992 11:00 | 7 |
|
perhaps his saying this is a way of backing up Bob Palmer in trying
to get the message across to engineering that ultimately, customers
call the shots. I doubt the message will seep thru though.
|
2013.15 | | FDCV14::CONNELLY | Round up the usual suspects! | Fri Jul 24 1992 11:22 | 5 |
|
I took that remark to mean he fired himself (with the BOD's complicity).
paul
|
2013.16 | worm alert continued | OAXCEL::DOYLE | It's a long distance to Camino Real | Fri Jul 24 1992 11:53 | 20 |
| RE:
� <<< Note 2013.7 by TRLIAN::GORDON >>>
� -< the difference is... >-
�
� the difference between a person trained as an engineer(like Ken)
� and other people is fairly simple....engineers deal in facts no matter
� how bad they may be...others deal in fanatacies...
^^^^^^^^^^
People biased toward dealing in facts apparently don't deal with
dictionaries or other spelling/pronunciation aids.
Personally, I prefer people with some mix of belief in the value of
facts and the power of fantasy.
Popeye
|
2013.17 | | SENDAK::WELLCOME | Steve Wellcome PKO3-1/D30 | Fri Jul 24 1992 13:32 | 3 |
| re: .13
Exactly.
|
2013.18 | Fact, Fantasy & Reality | CSLALL::BRESSACK | | Fri Jul 24 1992 13:33 | 14 |
| The difference between FACT and FANTASY:
Facts are the data that you selectively choose based on the desired
results you want to achieve. For example, if you want to show things
improving, you would select data which supports this FACT. Probably
just as easy to find FACTS which would substantiate a decline (just
read The Globe).
Fantasy is the place you go when you are bombarded by a bunch of
opposing FACTS.
One last thought: You can change FACTS, but you can't change REALITY.
|
2013.19 | | ECAD2::SHERMAN | ECADSR::Sherman DTN 223-3326 | Fri Jul 24 1992 15:58 | 6 |
| I kind of like "fanatasy". That might be the fantasies of fanatics ...
Maybe I was the only one that "got it" instead of blithely dismissing
it as yet another silly example of a typical engineer's illiteracy ...
;^)
Steve
|
2013.20 | if the shoe fits...!!! | TRLIAN::GORDON | | Sat Jul 25 1992 12:34 | 5 |
| noters interested in spelling/grammar aren't usually interested in
the message...
|
2013.21 | | ROCKS::LMCDONALD | | Mon Jul 27 1992 06:38 | 8 |
|
Au contraire! The message is totally dependent on the spelling and
grammar because both can completely alter the message. (granted not in
this instance) Perhaps that is why this company seems so confused.
There are not enough people with the literacy to communicate a clear,
concise message!
|
2013.22 | | FIGS::BANKS | This was | Mon Jul 27 1992 11:04 | 14 |
| .20
I care very much about spelling and grammar, because if they're poor, I can't
understand what the message is trying to say. Or, I should say that if the
reply has poor grammar and loads of spelling errors, trying to decypher it just
gets to be more trouble than it's worth.
I try to never bother anyone about their spelling or grammar since, after all,
no one's perfect. I make lots of mistakes myself, many of which probably make
it near impossible to understand what I was trying to say. There's just no
point in bugging someone about this.
Of course, if it's bad enough, I generally just give up on the reply in the first
sentence or two, and move on to something that's in English.
|
2013.23 | | YNGSTR::BROWN | | Mon Jul 27 1992 12:36 | 4 |
| Hey, speaking of channel 7...
has anybody actually seen WHDH's eyewitness news reporter Mike Macklin
and Digital's Bob Palmer together at the same time? huh?
|
2013.24 | | POWDML::GOLDSMITH | | Mon Jul 27 1992 15:55 | 2 |
|
Isn't Macklin a WBZ reporter?
|
2013.25 | | MYOSPY::STORY | | Mon Aug 03 1992 03:04 | 4 |
| At the risk of asking a stupid question, does Ken still have
controling interest of Digital Stock?.
Paul
|
2013.26 | Never has had. | ESTASI::HARBIG | Riempendo di vuoto il nulla. | Mon Aug 03 1992 03:16 | 6 |
| As far as I know Ken never has had a controlling interest of
Digital stock.
I think his maximum share was about 2%.
Max
|
2013.27 | | SSDEVO::EGGERS | Anybody can fly with an engine. | Mon Aug 03 1992 12:52 | 3 |
| Hmmm. I think I remember doing the calculation in the late 1960s. At
that time KO owned about 8% of the stock. Still not a controlling
interest unless the other shareholders choose to lie down.
|
2013.28 | the BOD protected their jobs | SOLVIT::ALLEN_R | Proud parent of a brain dead teen | Tue Aug 04 1992 21:27 | 5 |
| over 80% of DEC stock is owned by institutional investors, who would
have taken over the board at the Nov stockholders mtg had the change
not taken place when it did.
i'm surprised they waited so patiently for so long.
|
2013.29 | The BOD can't be replaced that easily | STOAT::BARKER | Jeremy Barker - CBN - Reading, UK | Sun Aug 09 1992 12:51 | 12 |
| Re: .28
It is not as easy as you think for the board to be replaced. Only 1/3 can
be replaced in any one year. Once elected a board member serves for three
years. This is due to Digital having taken advantage of a Massachusetts
anti-takeover law a year or two back.
In addition I believe that to be elected to the board you have to be first
nominated by the nominating committee which comprises all the members of
the board. I heard a rumour that this may change soon.
jb
|
2013.30 | | SDSVAX::SWEENEY | Patrick Sweeney in New York | Sun Aug 09 1992 13:39 | 4 |
| Anyone with the votes to be elected, will be elected.
By the way, as far as I know, the promised public statement by the
board was never issued.
|
2013.31 | | YNGSTR::BROWN | | Mon Aug 10 1992 15:12 | 4 |
| re .backafew...
You're right, Mike Macklin works for WBZ (ch 4) as a weekend anchor.
During the week, he CEO's DEC under some bogus name... ;-)
|