Tyco's current management, led by Edward D. Breen, said it would pursue separate civil actions against the former executives.

So he won the hearts of the new management led by Louis Benzing with a tale of love.

The ports' current management, led by its chairman, Michael Seymour, will remain.

Its management, led by Mr. Esrey, the company's chairman, seems stable.

However, Vojvodina's management, led by Milutin Popivoda, succeeded to assemble a new team.

The new management, led by the team president, Jerome Grossman, had planned to distribute megaphones to fans and to announce itself in advertising.

Already there were pockets of smart management, led by men who resisted the urge to push on and decided instead to regroup.

Centel's management, led by its chairman, John P. Frazee Jr., believes the company cannot continue going it alone and requires a major partner.

Chateau's management, led by the chairman, John A. Boll, owns 59 percent of the company through operating partnership units.

He added that new management led by Mr. Reins had improved operations since taking over last fall.