Word: chairmanship
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Dates: during 1930-1939
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...Edward Wilson, 65, and Edward Foss Wilson, 29, both made news when Father Thomas was moved from president to board chairman and Son Edward from vice president to president. Wilson & Co.'s 9,000-odd stockholders had no good ground lo fear nepotism. For Father Thomas the board chairmanship was created, and from that eminence he announced he would continue to run the company. No matter how much Father Thomas might wish to see his red-haired boy get along, he could not have wangled the presidency for Son Edward against the will of a directorate which includes...
...have no warmer friend than Mr. Cummings. The statement in your issue is absolutely incorrect. Mr. Cummings and I got along together without the slightest misunderstanding in the handling of very difficult problems. In fact, I protested against his leaving the chairmanship of the Federal Deposit Insurance Corp. It will interest you to know that when I first suggested to Mr. Cummings that he accept the chairmanship, he declined and said that he was anxious to get back to his business...
...first vice president when Thomas George Lee was made president of Armour & Co. in 1931. Vice President Armour thought he deserved the topnotch job. When the directors offered him an impotent vice-chairmanship, "P. D." III resigned in a huff. And for the first time since the Founding "P. D." went to Chicago shortly after the Civil War, Armour had no Armour executives. Two second cousins of "P. D." III and Lester stayed on as directors (and were re-elected last week) but the grandsons of "P. D.'' were...
Last week after the second gymnasium meeting the Armour directors, new and old, lunched in the stockyards. Then they adjourned to Armour's downtown office to elect the real rulers of Armour's destinies -the finance committee. Banker Prince, as every one expected, got the chairmanship and two of the other six places. Also made a member was Philip Danforth Armour...
...fund-collecting job. Much criticism has been directed at "General" Farley for holding not only these offices but also the post of New York State Democratic Chairman. A long morning visit to the White House by Mr. Farley resulted in the news that he would retire from his state chairmanship when his term expires in September, from the national chairmanship after the November elections. To newshawks a broad hint was dropped that Postmaster General Farley would like to run for Governor of New York...