Buried in the financial pages last week was an item that would have been bigger news in the sports section. Colgate-Palmolive's chairman and chief executive officer, David R. Foster, 58, has resigned because of failing health.
Foster, English by birth and persuasion, though his parents were American, introduced Colgate to sports and in doing so made his and Colgate's names synonymous with big money in golf and tennis.
According to a Colgate spokesperson. "All of our sports events are continuing; there are no changes in the works. The tournaments have always been good business, and as long as they continue to be, we all expect them to continue."
But corporate turnovers often mean policy turnovers, and it will be a long time before the powers in golf and tennis stop listening for the other shoe to drop.
A TOUCH OF THE POET
The University of San Francisco basketball team was crushed by Notre Dame, 88-69, one night last week. Doug Jemison, a USF forward, explained it this way to Frank Cooney of the San Francisco Examiner.
"We had to take a bus from Chicago to South Bend because no planes were landing, but the bus broke down halfway and we had to hitch a ride on another bus, standing all the way while Notre Dame students sat down. We got to the Quality Inn six hours late without luggage and found the hotel didn't have any heat. It was 17 below zero outside, and I swear it was colder inside. We slept in our clothes. I put on two sets of sweat suits over my clothes. I put myself to sleep counting the little puffs of steam coming out of my mouth. The maintenance man told me this was the reason Notre Dame wins all its games at home. He said teams freeze at the Quality Inn and then go out on the court and play like frozen robots. He said he thought it was a conspiracy, and I'm not sure he's not right."
When press releases reached newspapers across the country announcing that Cadwallader University in Bunkerville, Nev. was conferring honorary degrees on Henry Ford II, David Hartman, Vice-President Mondale, Robert Merrill, Dolly Parton and basketball player Bernard King, reporters who had never heard of either Cadwallader or Bunkerville took to their phones. They discovered that though Bunkerville is real, Cadwallader is not, and the whole thing was invented by Columbia Pictures publicity people to stir up a commotion over a movie called Fast Break.