Bob Tisch

"Even before the World’s Fair opened, the Tisches enjoyed a 15 pen cent higher occupancy rate than their rivals in the city’s hotel bush ness. Why? Bob Tisch attributed it to having newer properties and bigger rooms. Also, unlike their competitors, the Tisches were pro- moting their hotels at their 74 movie theaters and were even taking hotel reservations at the theaters. One former executive pegged their success in large part to having assembled the finest hotel sales force in the world. More important, Bob suggested, was having management housed just a few blocks away. “We are sitting on top of our operations and are not absentee owners,” he said."

"A Loews source at the time said that Larry Tisch would be “an in- terested director at CBS but “is not going to tell CBS how to run its business. ^ It was true that Tisch preferred to have the right people running his business, rather than run them himself. Tisch said he liked being far enough removed from daily operations to have an overall view that comes in handy in the decision process.” He was happier managing money than managing people. Now the question was: Was Wyman the best person to run CBS? In the past, Bob Tisch would take the hands-on approach in answering such management questions, but so far, CBS’s board had made it clear they didn’t want more than one Tisch involved at CBS. At the first hoard meeting he attended, in November, Tisch posed tough ques- tions that tended to focus on Wyman’s management skills."