OTHER NEWS - March 3, 1995
Ex-Airline Exec Named Chairman of Greyhound: Thomas Plaskett, 51, former chairman of Pan Am Corp., had served as interim president and chief financial officer for several months after the board of Dallas-based Greyhound Lines Inc. ousted its former president, Frank Schmieder. Under Plaskett’s leadership, the bus company weathered investor criticism over Greyhound’s disastrous attempt to install a computerized reservation system. He also helped with negotiations with company bondholders, which led to a restructuring last year, keeping the company out of bankruptcy.
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