Word: egtvedt
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...return to the Boeing factory. At present he is a partner in the potent New York Stock Exchange firm of E. A. Pierce & Co. To succeed him in Boeing, the stockholders, no one of whom now owns more than 10% of the stock, chose shy Clairmont Leroy Egtvedt, 44, who entered the plant in 1917 as a draftsman...
...Boeing tailspin was not yet over. Following the 247-D came the slick Douglas DC-1, 2 and 3 which immediately became the darlings of most major U. S. airlines. Even United "went Douglas" eventually. But undaunted Claire Egtvedt kept plugging at the military contracts Boeing and its Kansas subsidiary, Stearman Aircraft Co., have never lacked. An engineer pure and simple, President Egtvedt kept Boeing plants small, while others, like Douglas, were overexpanding. He devoted all Boeing's energies to creating a magnificent new bomber - the great 299, now called YB-17. This four-motored monoplane is the most...
...Duwamish Waterway, booming Boeing last week began adding to its 2,000 employes, secretively kept figures to itself, but delightedly announced that its unfilled contracts totted up to the biggest sum in the company's 21-year history. "Henceforth" remarked Claire Egtvedt, "Boeing will build only four-motored jobs...
Supervising designer of the new Boeing is modest Claire Egtvedt, Boeing's $20,000-a-year president. Claire Egtvedt got his taste for flying as a young ski-jumper in Wisconsin, followed it up with a course in aeronautical engineering at the University of Washington's Guggenheim School...
...vice president in charge of production, was elected president in 1930. Boeing Airplane Co., a $4,310,000 company to acquire all outstanding stock of Boeing Airplane Co. and Stearman Aircraft Co. This new western manufacturing group, with headquarters at Seattle, Wash., will have as president Claire L. Egtvedt. chief engineer of Boeing since 1918, vice president & general manager since 1926. The reorganization, already approved by the board of directors, will be effected by an exchange of stock on a pro-rata basis. That it will be approved at a special stockholders' meeting June 20 is likely because...