Business: Bendix Battle

Mary Cunningham's farewell

It was a success story whose ending pleased no one. Three weeks ago, Bendix Chairman William Agee publicly denied that the promotion of attractive Mary E. Cunningham, 29, to vice president for corporate strategy had anything to do with "a personal relationship that we have." Far from scotching rumors that they were romantically involved, the announcement only put the spotlight on the two executives. Cunningham at first offered to take a leave of absence until the controversy cooled, but a committee consisting of six of Bendix's 15-member board of directors refused...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

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