Word: canaday
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Sorensen had wrangled with Ward Murphey Canaday, board chairman of Willys and owner of 52% of its stock, over policy and production. On top of this; their personalities had clashed. That was natural. Canaday is primarily a salesman. He started his business life selling stoves, joined Willys in 1916 as advertising director. With old Automan John North Willys, he helped start the first company to sell cars on the installment plan. On the side he found time to run his own ad agency (U.S. Advertising Corp.). When Willys was reorganized in 1936, Canaday came...
...contrast, Production Man Sorensen, who bossed Ford's car-making for years, thinks most anyone can sell a car if it is made right. He wanted to spend millions to modernize Willys' production lines. Canaday balked, insisted the job could be done with present equipment, and shrewd selling...
...FRANK H. CANADAY...
...automobile makers, Willys-Overland is least worried about reconverting. Willys' chairman, shrewd Ward Murphey Canaday, will switch production to a slightly modified version of the wartime jeep. Canaday is enthusiastic about the market for jeeps on the 6 million U.S. farms. The export markets look good, too. Canaday has signed one contract with a South American importer for 5,000 postwar jeeps. He has letters from 6,000 U.S. servicemen who have fervently announced they want to become jeep distributors when they get home...
Because of his option, Frazer has an incentive to build greater future value into Graham-Paige. But he also has a more personal urge to succeed. Only last September, Frazer left Willys-Overland after falling out with Ward Canaday, Willys' board chairman. Into the vacated post went Charles Sorensen from Ford, at $52,000 a year (TIME, June...