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- Carl_Kotchian abstract "Archibald Carl Kotchian (July 17, 1914 – December 14, 2008), known as Carl or A.C., was an American business executive who served as the president of Lockheed Corporation. His admission of paying millions of dollars in bribes to foreign government officials led to the jailing of Japan's prime minister and political upheaval in several countries in the 1970s.Kotchian was born on July 17, 1914 in Kermit, Divide County, North Dakota and grew up in Long Beach, California, attending Long Beach Junior College (now known as Long Beach City College). He later attended Stanford University, where he received an undergraduate degree and a Master of Business Administration.Kotchian, a Certified Public Accountant worked for Price Waterhouse in Los Angeles. He was hired in 1941 by Vega Airplane Company, a subsidiary of Lockheed Aircraft. At Lockheed, he supervised the firm's surge in aircraft production during World War II. He established the firm's manufacturing site in Marietta, Georgia, which became the primary production location for the C-130 Hercules cargo plane and later for the F-22 Raptor fighter. He became president of Lockheed in 1967, a period in which the firm produced the C-5 Galaxy cargo plane and the SR-71 Blackbird spy plane for the U.S. military and the L-1011 TriStar jet for the commercial market.Development of the L-1011 began in the late 1960s, during Kotchian's presidency, and was started without any firm orders. In 1971, the United States government provided a $250 million loan to help bail the firm out of mounting development costs for military programs and for the L-1011. In testimony before the United States Senate in 1976, Kotchian described how he had met with government officials in Japan and made payoff of 500 million yen, the equivalent of US$1.7 million, part of a total of US$12 million in payments to Japanese politicians and businessmen that led to the sale of 21 L-1011 aircraft by Lockheed, then worth US$430 million. Prime Minister of Japan Kakuei Tanaka was ultimately convicted of accepting a bribe, one of many notable Japanese politicians who were involved in the scandal.In his Senate testimony, Kotchian disclosed that Lockheed paid $1.1 million in the early 1960s to a Dutch official later identified as Prince Bernhard, husband of Queen Juliana of the Netherlands in his role as inspector general of the Military of the Netherlands. After the revelations, the prince stepped down from his military position.In a 1977 profile in The New York Times, Kotchian reflected his bitterness at the Lockheed directors who ousted hims as chief operating officer and vice chairman in March 1976 based on his $38 million of what the board called \"questionable payments\". Kotchian described that he felt thatLockheed has become the scapegoat for 300 companies that the S.E.C. said were doing the same thing, and Haughton and I are the scapegoats for the scapegoat.... Some call it gratuities. Some call them questionable payments. Some call it extortion. Some call it grease. Some call it bribery. I look at these payments as necessary to sell a product. I never felt I was doing anything wrong.A resident of Palo Alto, California, Kotchian died at age 94 on December 14, 2008. He had been married to the former Lucy Elizabeth Carr who had died in 2002.".
- Carl_Kotchian birthDate "1914-07-17".
- Carl_Kotchian birthYear "1914".
- Carl_Kotchian deathDate "2008-12-14".
- Carl_Kotchian deathYear "2008".
- Carl_Kotchian thumbnail Archibald_Carl_Kotchian_(1967).jpg?width=300.
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- Carl_Kotchian wikiPageRevisionID "621543675".
- Carl_Kotchian wikiPageWikiLink Armed_forces_of_the_Netherlands.
- Carl_Kotchian wikiPageWikiLink Category:1914_births.
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- Carl_Kotchian wikiPageWikiLink Category:American_accountants.
- Carl_Kotchian wikiPageWikiLink Category:American_businesspeople.
- Carl_Kotchian wikiPageWikiLink Category:American_people_of_Armenian_descent.
- Carl_Kotchian wikiPageWikiLink Category:Lockheed_people.
- Carl_Kotchian wikiPageWikiLink Category:People_associated_with_the_Lockheed_bribery_scandals.
- Carl_Kotchian wikiPageWikiLink Category:People_from_Divide_County,_North_Dakota.
- Carl_Kotchian wikiPageWikiLink Category:People_from_Long_Beach,_California.
- Carl_Kotchian wikiPageWikiLink Category:People_from_Palo_Alto,_California.
- Carl_Kotchian wikiPageWikiLink Category:Stanford_University_alumni.
- Carl_Kotchian wikiPageWikiLink Certified_Public_Accountant.
- Carl_Kotchian wikiPageWikiLink Divide_County,_North_Dakota.
- Carl_Kotchian wikiPageWikiLink Japanese_yen.
- Carl_Kotchian wikiPageWikiLink Juliana_of_the_Netherlands.
- Carl_Kotchian wikiPageWikiLink Kakuei_Tanaka.
- Carl_Kotchian wikiPageWikiLink Lockheed_C-130_Hercules.
- Carl_Kotchian wikiPageWikiLink Lockheed_C-5_Galaxy.
- Carl_Kotchian wikiPageWikiLink Lockheed_Corporation.
- Carl_Kotchian wikiPageWikiLink Lockheed_L-1011_TriStar.
- Carl_Kotchian wikiPageWikiLink Lockheed_Martin_F-22_Raptor.
- Carl_Kotchian wikiPageWikiLink Lockheed_SR-71_Blackbird.
- Carl_Kotchian wikiPageWikiLink Lockheed_bribery_scandals.
- Carl_Kotchian wikiPageWikiLink Long_Beach,_California.
- Carl_Kotchian wikiPageWikiLink Long_Beach_City_College.
- Carl_Kotchian wikiPageWikiLink Marietta,_Georgia.
- Carl_Kotchian wikiPageWikiLink Master_of_Business_Administration.
- Carl_Kotchian wikiPageWikiLink Netherlands.
- Carl_Kotchian wikiPageWikiLink Palo_Alto,_California.
- Carl_Kotchian wikiPageWikiLink PricewaterhouseCoopers.
- Carl_Kotchian wikiPageWikiLink Prime_Minister_of_Japan.
- Carl_Kotchian wikiPageWikiLink Prince_Bernhard_of_Lippe-Biesterfeld.
- Carl_Kotchian wikiPageWikiLink Stanford_University.
- Carl_Kotchian wikiPageWikiLink The_New_York_Times.
- Carl_Kotchian wikiPageWikiLink United_States_Senate.
- Carl_Kotchian wikiPageWikiLink World_War_II.
- Carl_Kotchian wikiPageWikiLink File:Archibald_Carl_Kotchian_(1967).jpg.
- Carl_Kotchian wikiPageWikiLinkText "Carl Kotchian".
- Carl_Kotchian dateOfBirth "1914-07-17".
- Carl_Kotchian dateOfDeath "2008-12-14".
- Carl_Kotchian name "Kotchain, Carl".
- Carl_Kotchian shortDescription "American businessman".
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- Carl_Kotchian wikiPageUsesTemplate Template:Reflist.
- Carl_Kotchian description "American businessman".
- Carl_Kotchian description "American businessman".
- Carl_Kotchian subject Category:1914_births.
- Carl_Kotchian subject Category:2008_deaths.
- Carl_Kotchian subject Category:American_accountants.
- Carl_Kotchian subject Category:American_businesspeople.
- Carl_Kotchian subject Category:American_people_of_Armenian_descent.
- Carl_Kotchian subject Category:Lockheed_people.
- Carl_Kotchian subject Category:People_associated_with_the_Lockheed_bribery_scandals.
- Carl_Kotchian subject Category:People_from_Divide_County,_North_Dakota.
- Carl_Kotchian subject Category:People_from_Long_Beach,_California.
- Carl_Kotchian subject Category:People_from_Palo_Alto,_California.
- Carl_Kotchian subject Category:Stanford_University_alumni.
- Carl_Kotchian hypernym Executive.
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- Carl_Kotchian comment "Archibald Carl Kotchian (July 17, 1914 – December 14, 2008), known as Carl or A.C., was an American business executive who served as the president of Lockheed Corporation.".
- Carl_Kotchian label "Carl Kotchian".
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- Carl_Kotchian depiction Archibald_Carl_Kotchian_(1967).jpg.
- Carl_Kotchian givenName "Carl".
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- Carl_Kotchian name "Carl Kotchain".
- Carl_Kotchian name "Kotchain, Carl".
- Carl_Kotchian surname "Kotchain".