Word: kestnbaum
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Dates: during 1950-1959
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Support for President Pusey came from Meyer Kestnbaum '18 of Hart, Shaffner and Marx. At last Monday's meeting of the Board of Overseers, he favored the Christian tradition of the Church, and spoke strongly for the President's stand...
...economy. Administration trustbusters have vigilantly policed big business. The Administration has expanded social security, federal aid to hospitals, low-cost housing subsidies and other programs that were once anathema to the standpat conservative. The most significant contribution of Eisenhower Republicanism, argues Hart Schaffner & Marx President Meyer Kestnbaum, onetime C.E.D. chairman and Eisenhower adviser, is that it has encouraged businessmen to "face social problems rather than ignore them, to seek first for an answer in individual and com pany initiative...
...president is Daniel E. Koshland, 63, also a San Franciscan, who joined the company in 1922, has served as vice president and treasurer. ¶ James David Zellerbach, 63, president of Crown Zellerbach Corp., was elected chairman of the nonprofit, privately sponsored Committee for Economic Development. He succeeds Meyer Kestnbaum, president of Hart Schaffner & Marx, who has resigned to become special assistant to President Eisenhower. Zellerbach was born in San Francisco, got a B.S. degree from the University of California in 1913, joined the family papermaking firm a year later. In 1938 he was named its president, succeeding his father...
Last week versatile "Kesty" Kestnbaum accepted some new responsibilities. On a royalty deal, Hart Schaffner & Marx took over the Society Brand line of men's suits, thus trimming down the Big Five of the business to the Big Four.* In the men's clothing trade, it has been no secret that Society Brand is dying on the vine, has eked out a slim profit over the past four years only by virtue of tax carrybacks and rebates from more prosperous years. Kestnbaum plans to sink $2,500,-ooo into Society Brand over the next year to rebuild...
Broadway v. Ivy League. Kestnbaum started with Hart Schaffner & Marx 33 years ago as a labor supervisor, directed the company's labor relations (considered a model for the industry) for the past 30 years. He served a term as a credit man, took over the retail end of the business when H.S. & M. began buying up shaky retail outlets in 1926 (first purchase: New York's Wallach's stores). In 1933 he worked with the late Mark Winfield Cresap, then president, in overhauling the company's management and policies, has been making most of the executive...