Word: chapin
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Dates: during 1960-1969
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...board. But there was no evidence that Kaiser intends to add the auto company to its empire of steel, cement, aluminum and chemical companies (total assets: $624 million). The suspicion in Detroit was that two old friends, Edgar Kaiser and American's Chairman Roy Chapin Jr., have a secret signed agreement to assure that Kaiser will not take over control...
...Jeep deal was typical of American's growth-minded aggressiveness since Chairman Chapin and President William V. Luneburg took over in 1967. At that time, AMC's future seemed so shaky that its creditors, a consortium of 24 banks headed by Chase Manhattan, examined the books every ten days. The new chiefs sold AMC's finance subsidiary and Kelvinator Appliance to pay some of the debts, trimmed costs by $20 million annually to cut the breakeven point from 343,000 to 250,000 cars a year, and last year turned a profit...
Company chiefs like to test the thunks themselves. Chrysler Chairman Lynn Townsend sometimes drives subordinates to distraction by slamming doors repeatedly in the ear-splitting confines of a testing garage. American Motors Chairman Roy Chapin likes to go into his company's executive parking area to try out the thunk. Ford has a jury of product-development specialists to pass judgment on thunks...
...California's junior Senator, Alan Cranston. On the other hand, Republican Barry Goldwater turned up with his son Barry Jr., 31, newly elected to Congress, who wanted to collect autographs from the astronauts at the head table during dinner. "It's all right," Presidential Special Assistant Dwight Chapin told him coldly. "But if you do, you'll never be invited to another White House function." Young Goldwater desisted...
Peter E. Gilbert '69, veteran of two past shows, proposed the reforms which were formally approved by Theatricals producer Paul J. Zofnass '69, graduate president Richard Chapin '45, and informally by "general consent" of the membership...