Word: kanes
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...chain's chiefs, Chairman William J. Kane and President Robert F. Longacre, had little to fear from shareholders. Two-thirds of the 24.8 million shares outstanding are held by members of the founding Hartford family and the John A. Hartford Foundation, headed by sympathetic former A. & P. executives. Thus there was little opposition when the company trimmed its prices so low at the outset of the WEO campaign that its gross profit margin slid to an estimated 12%, v. 18% for most discount food chains and 21% for conventional supermarkets. By last spring, the company's costly gamble...
...Kane, who was 73 years old, was a prominent New York lawyer who served on the Corporation, Harvard's foremost governing body, from 1950 until 1970. He was appointed by President James Bryant Conant...
...Keith Kane '22, a member of the Harvard Corporation for 20 years, died of a stroke Thursday at his retirement home in Charlottesville...
Prior to his appointment to the Corporation, Kane advised Conant on educational policy issues. On the Corporation, he was known for his fundraising and his special concern for Harvard's non-Cambridge outposts, like the Byzantine Studies Center at Dumbarton Oaks in Washington and Renaissance research center at Villa I Tatti, near Florence, Italy...
Before coming to work for Harvard, Kane held several governmental posts in Washington. In 1940, he was special assistant to the U.S. Attorney General for the enforcement of foreign registration laws...