![]() It was about this time last year that the small staff at Intertect Relief and Reconstruction Corp. But experts say smaller firms are particularly vulnerable to an untimely death, not only because they don't prepare for it but because top executives are involved in giving broad strategic direction and conduct lots of hands-on, day-to-day management. Most large corporations now have elaborate succession plans for all their top executives that must be revised each year and approved by the board of directors. Pieroni, a man once described by a local magazine as the "sort of guy who seemed to know the names of everyone from the highest vice president to the lowest clerk." of Branchburg, N.J., announced that two executives of its French parent company will take over temporarily for chief executive Claudio Elia, who was killed in the fatal crash of the government jet.Īt Parsons Corp., the giant, employee-owned engineering firm based in Pasadena, Calif., there was a tearful moment of silence for Chairman Leonard J. "If there's a partnership, and you lose one of the partners, it's tough."Īir & Water Technologies Corp. "Barry was our spiritual leader, our business leader in our entire South American program," said Hazard, who also was a friend of Conrad's. said that while he would like to push forward with the ambitious expansion, it would be difficult without Conrad. Conrad had struck a deal with Silver Spring-based Choice Hotels International to be the chief franchiser of more than 200 inns Choice was to build in Argentina, Brazil, Paraguay and Uruguay. A spokesman said the company wanted to signal to its employees and customers that there would be no interruption in its work.īut at the Barrington Group in Miami, a small hotel development firm with some very big clients, an answering service continued to take calls through much of the day. Whittaker, who had headed its international energy division until the Wednesday crash. in Clinton, N.J., the company's directors held a telephone conference call and appointed a replacement for Robert A. In other cases, co-workers and partners say they are at a loss to figure out how the enterprise will survive.Īt Foster Wheeler Corp. In some cases, companies moved swiftly yesterday to name replacements for those killed when the plane carrying the business executives and Commerce Secretary Ron Brown slammed into a mountain several miles from the airport in Dubrovnik. The reality of "life after Barry" - and Bob and Paul and Len and John - began to sink in yesterday as a dozen companies across the country began the painful process of adjusting to the sudden death of a key executive in the plane crash on the coast of Croatia.
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