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...Horn & Hardart President Frederick H. Guterman Nostalgia, however, is hardly the recipe for a successful business-as no one knows better than Guterman. A year ago, he was hired to rescue the chain of 32 New York-area restaurants from a deep slump that caused it to lose $15 million in 1971 and 1972. Guterman, 52, has no background in the food business; he spent 13 years at ITT as an executive in the aerospace, electro-optical and industrial-products divisions...

Author: /time Magazine | Title: MERCHANDISING: Rescuing the Automat | 5/28/1973 | See Source »

...company's 21 barnlike Automats and cafeterias were out of step with the times (the first was opened in 1904) and had often become a refuge for derelicts seeking a cheap, hot meal and oldsters wanting to drowse away an afternoon over coffee, cake and the newspaper. Guterman has jazzed up the operation with everything from rock concerts to waitresses on roller skates, and his approach so far has worked. The company, whose annual sales in 1972 totaled $16.9 million, last week reported a first-quarter operating profit of $73,970, its first black-ink figure in five years...

Author: /time Magazine | Title: MERCHANDISING: Rescuing the Automat | 5/28/1973 | See Source »

Brown's hopes rest on three solid sophomores who have come up from last year's 10-1 freshman team. Dick Lay and Mike Powers, second-leading scorer on the hockey team, are the team's top singles players. Lay plays with co-captain Peter Guterman at first doubles, and Powers teams with sophomore Mike Kemper at second doubles...

Author: NO WRITER ATTRIBUTED | Title: Tennis Team Faces Brown | 4/15/1971 | See Source »

...Sophomore Dave Fish slashed Pete Guterman at number two 6-0, 6-1, and Chris Nielsen followed with a 6-2, 7-5 whitewashing of Bruin hockey captain Curt Bennett at three...

Author: By John L. Powers, | Title: Sweep of Singles Matches Gives Netmen 7-2 Triumph | 4/17/1970 | See Source »

...Bruins John Bennett and Bickel won in straight sets. 6-4, 6-4, at second doubles, and Guterman and Johnson swept a 6-1, 6-2 victory at number three...

Author: By John L. Powers, | Title: Sweep of Singles Matches Gives Netmen 7-2 Triumph | 4/17/1970 | See Source »

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