Word: direktorium
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...German army-though it still produces no weapons. There are suggestions that Krupp may change its corporate form. The present sole owner, shy, retiring Alfried Krupp, 57, merely presides over the firm, leaving the energetic, extroverted Beitz to run the company through a streamlined four-man Direktorium of his handpicked aides. Alfried shows no signs of ending Beitz's stewardship, but he may eventually vest ownership in a family foundation. Indeed, it is possible that this huge one-man company may heed the advice of many German bankers and sell its shares to the public...
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