Word: goldvogel
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Dates: during 1949-1949
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When Schulte turned in a $93,091 loss for the first six months of 1949, the directors eased President Louis Goldvogel up to chairman of the board and brought in 50-year-old H. Cornell Smith, onetime merchandising manager of Manhattan's Gimbel Bros, department store. Smith has tackled some big jobs in his time. As a World War II colonel on General Somervell's staff, he helped organize the billion-dollar Wartime Post Exchange system, and the Pacific supply centers for the never-launched invasion of Japan...
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