So, while agreeing to serve as a consultant to the company he joined in 1981, he is giving up full-time employment for the time being.
Mr. Ovitz, 49, will serve as an adviser and consultant to the company and the board, the announcement said.
He said he will continue to serve as a board member and adviser to the company.
Indeed, the whole production serves similar testimony to the company as a whole.
Bonwit agreed to let Odlum's wife Hortense serve as a consultant to the company in 1932.
Mr. Kissinger will remain a director and serve as a consultant to the company.
Thirty of the most highly born young women, daughters of chiefs every one, were to serve the mead and ale to the company.
He also will serve as an adviser to the company.
Since then he has served as a consultant to the company and continued to own all the corporation's common stock.
Last September, he received 2.5 million options exercisable at $12.59 a share to serve as an adviser and consultant to the company on television matters.