Word: kappel
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Dates: during 1950-1959
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...president, Cleo F. Craig, 63, moved out of the operating slot and up to chairman of the board well before the mandatory retirement age of 65 in order to give his successor a two-year break-in period. A.T & T.'s new chief executive: President Frederick R. Kappel (rhymes with apple), 54, a 32-year man at A.T. & T., who has been head of the company's manufacturing subsidiary, Western Electric, since...
...studious, tireless executive, Fred Kappel first went to work for the Bell System in 1924 as a $25-a-week groundman fresh out of the University of Minnesota, where he helped pay his way by drumming in a jazz band. Kappel soon ran the gamut of line-crew jobs from splicer to circuit tester, by 1934 was a full-fledged engineer in the Nebraska-South Dakota area. He did so well there that he was called into Northwestern Bell's headquarters at Omaha, where he was promoted to vice president in 1942. Seven years later he was shifted again...
...into the cotton business because it seemed as if cotton buyers had to work only a few months of the year, started with Anderson, Clayton at 18 as a stenographer, rose to salesman, branched out into foreign operations, and has been executive vice president since 1945. ¶Frederick Russell Kappel, 51, took over as president of Western Electric Co. Inc., American Telephone & Telegraph's manufacturing and supply company, replacing Stanley Bracken, 63, who stepped up to chairman. Kappel, who worked his way through the University of Minnesota ('24) waiting on tables and playing the trap drums...