Word: brinckerhoff
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Dates: during 1960-1969
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Charles M. Brinckerhoff, SC.D., chairman of the board, Anaconda...
Plainly, the copper industry can assure steady growth over the long haul only by building up production capacity. Accordingly, Anaconda has mapped a fiveyear, $600 million program to find new sources as well as improve existing facilities. At the same time, Anaconda Chairman Charles M. Brinckerhoff, 66, recently signed a 20-year agreement with the Chilean government that should help stabilize the company's operations in that country; unlike its chief U.S. competitors, Kennecott and Phelps Dodge, both of which mine most of their copper at home, 65% of Anaconda's supply comes from Chile...
Looking well into the future, Anaconda is confident that the demand will continue to be heavy-whatever happens in the Viet Nam war. In fact, says Brinckerhoff, "right now we have a pent-up demand for autos, houses and new electrification that would be released if the war ended...
...copper mines of Chile are a natural proving ground for the boss of Anaconda Co.-Charles M. Brinckerhoff, 63, who last week was promoted from president to the newly created post of vice chairman and chief executive officer. He succeeds Clyde E. Weed, 74, who stays on as chairman. A Columbia-trained mining engineer, Brinckerhoff spent 23 of his 38 years with Anaconda supervising its Chilean mines, the source of 70% of the output and 80% of the profits of the world's second largest copper producer (after Kennecott). Among his honors: the Bernardo O'Higgins Order...