RCA's Whirling Merry-Go-Round

A corporate imbroglio of four chairmen in six years

Office politics is a way of life at most American companies, but few firms manage to make more of a spectacle of on-the-job intrigues than the RCA Corp. In the past six years, the diversified broadcasting and electronics giant (1980 sales: $8 billion) has stumbled from one management fiasco to the next. These included: the awkward ousting of the son of the company's founder from his job as chairman; the dumping of his successor for failing to file his income taxes; the dismissal of a company president after only six months on the...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!