Word: heineman
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...mooning over Roseline, twirled around in his cape like a little girl in a new party dress. Juliet on her first entrance seemed like the dark-haired ghost of Sandra Dee. Pristine unreality continued during their tete-a-tete at the Capulet's party. Warren Motley (Romeo) and Lori Heineman (Juliet) tossed out half sonnets as though they were inviting each other to milk and cookies. Not that they should have been bawdy. But they should have acted as if they were irresistably drawn to each other--otherwise there isn't much reason to get married after a little balcony...
Since Ben W. Heineman, 53, took control of the Chicago & North Western Railway eleven years ago, he has injected a youthful zip into the once floundering company. Last week he gave a further injection, naming 40-year-old Larry S. Provo to the company's No. 2 spot and making him just about the youngest president of a major U.S. railroad. Heineman has shifted some of his previous duties to the new man, but is not exactly ready for a golden-years club. He continues as chief executive officer as well as chairman...
...Neither Heineman nor Provo could be called a typical railroad man. Heineman is a lawyer who got into the railroad business after a 1954 proxy fight, when he took control of the smallish Minneapolis & St. Louis Railway. A 27-year-old accountant named Provo was brought in to help straighten out the corporate mess. Heineman liked Provo, and soon after hired him away from Arthur Andersen & Co., the accounting firm, and gave him a vice-presidency. Two years later, Heineman moved to the C. & N.W. and took Provo along...
Energetic Ben Heineman is not turning over the whole railroad to his protege. The new president is expected to devote much of his time to organizing North Western Industries, a holding company that will place the C. & N.W.'s diversified industrial operations under the same roof with the railroad...
Hathaway's rising profits will continue to drop into the C. & N.W. pocket, where Heineman will undoubtedly put them to further use. "I have every expectation," says he, "that we will expand." Not the least promising expansion area is that old cyclical railroad business itself. The C. & N.W. already has ICC permission to merge with the smaller Chicago Great Western, and Heineman is dickering to include the Milwaukee Road and the Rock Island in his increasingly profitable network...