Word: abenius
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Dates: during 1960-1969
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Lean at the Top. Under Managing Director Hakan Abenius, 60, a grave and quiet Swede who took over in 1948, the company is steadily branching out, has three plants abroad, and is now part of a consortium developing molybdenum deposits in Greenland. Last year Stora's sales were about $153 million, are expected to rise slightly this year. Despite its advanced age, Stora has avoided hardening of the arteries by keeping its upper echelon lean (only 16% of its staff are salaried white-collar workers v. 25% for the average Swedish firm) and its plants remarkably efficient...
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