The Careful Navigator Who'll Soon Be At The Helm

Bill Ferguson wasn't surprised back in 1986 when Walter Shipley called to ask him to head up the New York Blood Center's cor-porate-donor program. After all,corporate chieftains tap one another for charity work all the time. But Ferguson, then president of New York Telephone, had plenty of reasons ready for why he couldn't spare the time. Then, he says, Shipley surprised him: By the way, Bill, he said, your term would be in 1990 and 1991. With no detailed plans for his free timefour years hence, Ferguson agreed.

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