TIME Magazine masthead JULY 6, 1987 Vol. 130 No. 1 Founders: BRITON HADDEN 1898-1929 HENRY R. LUCE 1898-1967 Editor-in-Chief: Henry Anatole Grunwald Chairman and Chief Executive Officer: J. Richard Munro President and Chief Operating Officer: N.J. Nicholas Jr. Chairman of the Executive Committee: Ralph P. Davidson Corporate Editor: Ray Cave
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