Word: justin
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...guests at the private party in Perino's restaurant (menu: roast beef and apple cake à la mode) represented a well-heeled selection of the Southern California Establishment, including onetime Haldeman associates former Communications Director Herbert G. Klein and former HEW Secretary Robert H. Finch, Nixon Contributors Justin Dart and Holmes Tuttle, U.C.L.A. Chancellor Charles E. Young and Los Angeles Herald-Examiner publisher George Hearst Jr. Explained Klein: "Finch and I had our differences with Bob. But this isn't a time to ignore a man who is down...
...chairman to be 14% higher than the record 1972 earnings of $53 million registered on sales of $888 million. Main reason: high earnings in the Tupperware plastic-container division and the chemicals division. In fact, in an era during which "conglomerate" has become a dirty word on Wall Street, Justin Dart has put together one of the few conglomerates that are continuing to post steady growth in sales and profits...
...factor in Dart Industries' success has been Tupperware, acquired in 1958 by Justin Dart over the initial opposition of his own board of directors. Since then, Tupperware sales of plastic food containers have multiplied 18 times to $187 million in 1972; its earnings currently contribute 50% of Dart Industries' net profits. Tupperware products are sold by self-employed dealers, mostly housewives, who peddle the plastic food containers at home demonstration "parties." In order to maintain the evangelical zeal of the distributors, Dart regularly holds sales jubilees at which the most successful of the housewife-saleswomen are awarded such...
...through other executive posts in the drug business and wound up as chairman of the Rexall drug chain, which he turned into the foundation of Dart Industries. That did not prevent him from selling off the Rexall stores piecemeal, until today there are only a dozen left. In 1947, Justin Dart advanced $7,000 out of his own pocket to a doctor who was working on a preparation to suppress high blood pressure; the drug turned into a steady though small seller and started Dart Industries' Riker Laboratories ethical-drug operation. But in 1970, he sold Riker Laboratories...
...Profile. Even now Justin Dart, a ruggedly handsome, 66-year-old, former All-Big Ten football guard from Northwestern, maintains that any of Dart Industries' divisions are for sale "if the price is right." Conversely, he is looking for profitable acquisitions but pledges that they will be "low profile" so as not to rile the Justice Department. In the interim he has designed an unusual management structure: Chairman Dart declines to appoint a president, holding that position himself and relying on seven group presidents who enjoy great autonomy. Says the blunt-spoken Justin Dart: "I don't have...