Capitol-EMI’s Early Management – with Comments on Moral Hazard and the Fading Diva Syndrome

COLUMN: Johnny Mercer was Capitol’s first president. Glen Wallichs succeeded Mercer in 1947. Alan Livingston succeeded Wallichs in 1961. One of Livingston’s main accomplishments was creating the cartoon character Bozo the Clown. Livingston got fired in July 1968 and was succeeded by Stanley Gortikov. Gortikov also succeeded Wallichs as president of Capitol Industries in 1969. […]