A Horse’s Tale

Butterworth’s tenure as CEO was brief. During 1974, he resigned and was replaced by Pierre de Lebouchere who had been head of the Middle East, Eastern Europe, and Africa. Butterworth’s wife was an equestrian and was inadvertently caught in one of those corporate incidents that happen in large organizations – one that showed that even in times of austerity, sometimes absurd situations crop up. The Butterworths’ horse was in mid-Atlantic on its way to Geneva when its master resigned. And when it arrived in Europe, the unfortunate animal had to make an immediate return trip to America.