Word: du
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Dates: during 1960-1969
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...1920s the company moved to less martial fields by buying the French-owned rights to a transparent cellulose thought to be of small value because it broke up in water; Du Pont found a way to waterproof it, called it Cellophane and revolutionized packaging. Du Font's growing group of scientists followed up with a series of breakthroughs: the first commercial U.S. synthetic rubber, the first nitrogen synthetic fertilizer, and the first synthetic fiber -nylon, which now comes in 450 varieties and rings up some $500 million in yearly sales for the company...
...Skin a Rabbit. Almost alone among the chiefs of billion-dollar corporations, most of whom come from middle-class backgrounds, the man who has inherited this tradition was born to great wealth. Mother Copeland was a millionairess, father was a high officer of Du Pont for 40 years, and Lammot Copeland's playmates were mostly his moneyed cousins. From the start, he showed a flair for discovering short cuts. At ten, he entered a family contest in biology in which the little Du Ponts competed to be the first to find and assemble from the Delaware countryside the bones...
...orders, but was laid off when the Depression struck. Back in the company after only four months, he began to rise with predictable speed: board member at the age of 37, then corporate secretary, chairman of the finance committee, vice president. In 1962 Crawford Greenewalt-whose wife is a Du Pont and a first cousin of Copeland's-moved to the chairmanship after 14 years as president. He advised the board that the best man to succeed him would be Copeland. Somewhat like Britain's Conservative Party, Du Pont's 30 directors seek instinctively to pick...
...meets customers or suppliers, has little contact with the chiefs of other big companies, has never spoken with President Johnson or any Administration officials. He spends full time on top policy, helping to decide which men to promote to high jobs, figuring how much to spend on each of Du Pont's major products and keeping a hard watch on the finances...
...society devoted to fine wines, and he employs a French chef who came to him from Lord Astor. He and his wife Pamela-their three children are grown-live in a 20-room, antique-filled Georgian mansion whose 300 acres are tended by 14 gardeners and protected, naturally, by Du Pont fungicide...