Word: 27s
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Dates: during 1960-1969
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...turn his fancy into fact, Geneen chopped down a somnolent executive hierarchy and tightened Manhattan-headquarters control over I. T. & T.'s global spread (195,000 employees, 27s factories and offices in 52 countries). He also became one of the corporate world's most expansion-minded executives. He has made 35 acquisitions, including an auto-rental company (Avis) and a mutual-fund management company (Hamilton), has moved into heating and ventilating equipment, consumer finance and life insurance. One result: the doubling of both I. T. & T.'s sales and its profits ($63 million...
...with large holdings in copra, rubber, tin, banking and real estate. Currently Loke has a particularly exciting flock under observation. As a public service, he volunteered four years ago to become unpaid chairman of Malayan Airways Ltd. To revive the rundown line, Loke ordered a fleet of Fokker F-27s to replace decrepit DC-3s and leased a BOAC Comet. This week, in cooperation with Hong Kong's Cathay Pacific Airways and Thai International, Malayan will begin to offer 58 weekly flights between major Southeast Asian cities. Unlike Loke's other winged friends, Malayan has proved a profitable...