Word: hughston
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...James L. Palmer, 59, president of Chicago's Marshall Field & Co. since 1949, was named chief executive officer to succeed Hughston McBain, 56, who retired as chairman and chief executive after 15 years. Palmer has worked hand in hand with McBain in guiding Marshall Field through a postwar expansion period that saw the opening of three suburban stores, doubled total store space, pushed sales up some 35% (fiscal 1957: $219,011,532). A onetime professor of marketing at the University of Chicago, Palmer joined Field's in 1936, became president after he turned down an offer to become...
Over the years many similar though smaller plans for Chicago have died through lack of interest. What inspires Chicagoans about the Rubloff-Owings concept is the fact that influential businessmen are behind the project. Among them: Hughston M. McBain, chairman of Marshall Field & Co., Willis D. Gale, chairman of Commonwealth Edison, and Arthur T. Leonard, president, Chicago Association of Commerce and Industry. The sponsors feel that financing will not be a major problem. One suggested plan: establishment of a nonprofit corporate body eligible for city, state and federal land-clearance grants, plus "interested" Eastern insurance money...
Field's seemed happy too. Said short, tough, beefy Field President Hughston M. McBain: the Mart put the company into real-estate operation to a degree that was not contemplated when the Mart was built. Now that Field's has dropped its wholesale business, the Mart is just a side show. So we're selling...
Among those who will thus seek enlightenment from Plato to Marx are Packer Harold Higgins Swift, Department-Storekeeper Hughston Maynard McBain (Marshall Field & Co.), Publisher Marshall Field, Lawyer Clay Judson, Chicago Daily Timesman Richard James Finnegan...
Marshall Field & Co. had a total 1938 net of $3,492,238, which President Corley happily declared was "entirely the result of a change of policy." It was only a coincidence that the report was issued for publication on Hughston McBain's 37th birthday...