Word: chairman
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Dates: during 1940-1949
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...known that he had decided on the successor to retiring Army Secretary Kenneth Royall -though it is the President's prerogative to name his own official family. Johnson's choice was 58-year-old Curtis Ernest Calder, the $75,000-a-year board chairman of Manhattan's Electric Bond and Share Co. As soon as Calder could tidy up his affairs, probably within 60 days, he would move into the Pentagon. So said Louis Johnson...
Georgia's crafty Carl Vinson hit the roof. As chairman of the House Armed Services Committee he had been getting hotter & hotter at Johnson's methods. After a hurried visit to Johnson's office, he came back to Capitol Hill with Johnson's abject surrender in writing-and to be sure about it, read it into the record on the House floor...
...Hotchkiss the precocious editor found a rival to test his hotly competitive nature; in print, he was soon pummeling the writings of Henry Robinson Luce, editor of the Hotchkiss Literary Monthly. Their friendly competition turned to collaboration on the Yale Daily News, where Hadden was chairman and Luce managing editor. On graduation their classmates picked Hadden as "most likely to succeed" and Luce as "most brilliant" of their class...
Young bought control of I.D.S. from a group of associates headed by Bert C. Gamble, chairman of Minneapolis' Gamble-Skogmo retail chain (519 stores). Gamble had bought his own holdings in I.D.S. as a personal investment for less than $500,000 in 1945 and, in the resale to Young, made a tidy profit of more than $800,000 (less the 25% capital-gains tax). Even so, he thought Young had bought control "very cheap...
...financing, was invited in by the directors last December to reorganize the management. President William C. Jordan disagreed with Shields's plan to go outside the aeronautical field to get new business; the company had not done too well making non-aeronautical products. Last week both Jordan and Chairman Guy W. Vaughan, who had stepped out of the presidency when Jordan stepped in, left the company. Shields began shopping for a new president-and new business...