I think (Quaker Chief Executive Robert) Morrison did the best job he could for Quaker Oats shareholders. It took a while, but you can't blame him for courting Coca-Cola.

Don't blame the marketing department. The buck stops with the chief executive.

The chief executive is doing an excellent job and the board are extraordinarily supportive of him.

When a company seeks a new chief executive officer, or a university a new vice-chancellor, enormous trouble is taken to find the best person.

It is by these, the people, that I have been clothed with the high powers which they have seen fit to confide to their Chief Executive, and been charged with the solemn responsibility under which those powers are to be exercised.

I was the chief executive once, I've been there. My recommendation to anybody is don't go backwards.