Word: filbert
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Last week a remarkable old man resigned as finance committee chairman of U. S. Steel Corp. He will be succeeded in this No. 2 job in the biggest industrial enterprise in the U. S. by a remarkable young man just half his age. The old man was William J. Filbert, bald, popeyed, secretive master of Steel's endless columns of statistics. Presumably he was 70, Steel's compulsory retirement age, since it was inconceivable that Mr. Filbert would quit voluntarily. One of the few ascertainable dates in Mr. Filbert's virtually dateless career is 1881, the year...
...knack of sending them all away happy whether or not they got what they wanted. Last week U. S. Steel acquired his future services. On April 1 he will become vice chairman of Steel's Finance Committee filling the post vacated by the promotion of William J. Filbert (TIME, Dec. n). Steel permits its executives to retire at 65, pensions them off at 70. Nobody knows the exact age of bald, mysterious Mr. Filbert, master of so many columns of figures, but it is a fact of record that he got his first job with the Chicago & Northwestern Railway...
...personnel, inaugurated a retirement plan that enabled him to promote able younger executives. Last week, his financial and personnel plans completed, he resigned as chairman of Steel's Finance Committee (remaining, however, as Steel's board chairman and chief executive). New Finance Committee Chairman is William J. Filbert, a man who has spent his life mysteriously toiling over figures, taking no one into his confidence, but achieving legendary success. Of the comptroller of Steel since 1902, director since 1920, finance committeeman since 1922, the late Judge Gary once said: "I have known Filbert-I mean Mr. Filbert...
Married. Beatrice Filbert, daughter of Vice Chairman of the Finance Committee William James Filbert of U. S. Steel Corp.; and one Giovanni Tenca, M.D., of Parma, Italy; in Manhattan...
...course, know Myron Charles Taylor, the handsome Quaker whose office on the 17th floor is labeled "Chairman of the Finance Committee." They all know "Big Jim"? James Augustine Farrell?who for 20 years has occupied the 18th floor office labeled "President." And they all know "Mr. Filbert," a keen-eyed man whose bald, round head is said to contain all the Corporation's complex statistics and who was recently elevated to vice chairman of the finance committee...