Word: chief
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Dates: during 1950-1959
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JOHN ANDREW BARR, 51, handsome Hoosier, is the best proof in U.S. business that ugly ducklings do indeed turn into swans. As a vice president, secretary and legal counsel for Montgomery Ward & Co. under depression-minded, penny-pinching Chairman Sewell Avery, Barr was as undistinguished as a duckling; his chief claim to fame was that he showed a rare ability to survive the purges and resignations that cost Ward's five presidents and 30 vice presidents in 23 years. Barr managed to stay by avoiding open conflict with Avery, kept quiet about things that he knew he could...
...Bowman Gray, 52, was named chairman and chief executive of the R. J. Reynolds Tobacco Co. (Camels, Winston Salem), largest U.S. tobacco manufacturer (1958 sales: $1,146,559,000). He succeeds John Clarke Whitaker, 68, who was named to the newly created post of honorary chairman. Gray started as a salesman in 1930, became sales manager in 1952, executive vice president in 1955 and president in 1957. It was during Gray's presidency that Reynolds wrested the lead in U.S. tobacco sales from American Tobacco Co. Succeeding Gray as president is F. G. ("Bill") Carter, 47, former vice president...
...Charles Greenough Mortimer, 59, was elected chairman of General Foods Corp. He will continue as chief executive officer, a post he has held since 1954, when he was named president of the nation's largest packaged-food processor (Jell-0, Maxwell House coffee, Birds Eye frozen foods). As chairman, a previously vacant post, Mortimer will concentrate on the company's future growth and development. Succeeding Mortimer as president is Wayne C. Marks, 55, who will also be chief operating officer. Marks joined General Foods in the position of clerk in 1926, was appointed executive vice president...
...chairman by a group of investors-headed by Lawyer Roy Cohn-which got control of more than 200,000 of Lionel's 720,000 outstanding shares. Ailing Lionel (1958 loss: $469,057), a leading toy-train maker, also produces baseball gloves, fishing gear and electronic devices. Cohn, once chief counsel of the late Senator Joseph McCarthy's Senate investigating subcommittee, said his group will name a new president in the near future and adopt "drastic marketing changes...
...nation's No. 1 seedbed for future corporation presidents has long been Harvard's Graduate School of Business Administration. Last week European leaders gathered at Fontainebleau Palace, south of Paris, to inaugurate a Harvard-style Institut Européen d'Administration des Affaires. Chief purpose of the new Institut will be to train a whole new generation of European businessmen capable of operating the expanded businesses made possible by the European Common Market...