Word: du
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Only three years ago, the biggest and oldest family-led company in America, E.I. du Pont de Nemours of Wilmington, Del., was hip-deep in family troubles. Chairman Lammot du Pont Copeland was bogged down in his son's spectacular personal bankruptcy and other problems, and Du Font's industrial stature was sliding. So "Mots" Copeland was eased aside for Charles
Brelsford McCoy, the first chief executive in the chemical giant's 171-year history to have no direct Du Pont family ties. Under "Brel" McCoy, profits rose smartly, from $334 million on sales of $3.6 billion in 1970 to $414 million on sales of $4.4 billion last year...
Last week McCoy, with the approval of Du Font's board (only a third of its present 27 members have family connections), promoted two nonfamily executives to positions that put them in line to take over when the chairman reaches the mandatory retirement age of 65 next April. Senior Vice President Irving S. Shapiro, who moved up to the new position of vice chairman of the board, is now officially No. 2 in the Du Pont hierarchy, and heir to the chief executive's job. Edward R. Kane, another senior vice president, was appointed president, and will provide...
...full-bodied Rhone vintages-Châteauneuf-du-Pape, Hermitage, Côte Rôtie-are $5.45-$6 and are good substitutes for Burgundies...
When Ralph Nader released The Company State (1971), a report attacking Du Pont influence in Delaware, the papers gave the document heavy play. More recently, Reporter David Warsh, 28, was sent to Washington to cover Securities and Exchange Commission hearings on the proposed merger between Du Pont and Christiana Securities, the holding company through which the family owns the papers. Warsh's coverage was so acerbic that, as one Du Pont man bitterly put it, the reporter became an instant "folk hero...