Word: ince
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Dates: during 1960-1969
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Married. Mary Wells, 39, comely maverick of Madison Avenue, boss of fast-rising Wells, Rich, Greene, Inc., who painted Braniff Airways planes in pastels; and Harding Lawrence, 47, president of Braniff; both for the second time; in Paris...
...Though he is also controlling stockholder, he draws no salary, receives no dividends, pockets no expense money. Instead, he plows every cent of profit, which he prefers to call "operating surplus," back into his business-aviation. In the space of 13 years, Rachal's little known Mooney Aircraft Inc. has gone from the brink of bankruptcy to become, after Cessna, Piper and Beech, the nation's fourth biggest private-aircraft maker...
...strength of three models, all of them relatively low-cost ($18,430 to $23,345) offshoots of the Mark 21. Encouraged by the company's rapid growth-over the past five years, annual sales have almost tripled, to $15.2 million-Rachal merged last month with Alon, Inc., a Kansas manufacturer of training aircraft. Moving into the twin-engine field, he has contracted to build a 300-m.p.h. turboprop executive plane designed by Japan's Mitsubishi Heavy Industries Ltd. And next year, in his most ambitious undertaking, Rachal will introduce the Mooney Mustang; a pressurized, single-engine private plane...
...choose to be a common company," says Ewing Marion Kauffman, 51, founder, president and principal stockholder of Kansas City-based Marion Laboratories, Inc. "It is our right to be uncommon if we can." Uncommon is hardly the word for Kauffman's pharmaceutical firm, which was founded on poker winnings, grew by selling ground oyster shells, and has made wealthy people out of typists and maintenance men who bought stock for around 66? a share when the company was young. They have since seen their shares increase...
Chairman, Motorola Inc...