Word: kraftman
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Dates: during 1936-1936
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Lately International's directors have been tightening up on budgets, paring personnel. An executive shake-up occurred last spring when E. A. Charlton resigned, to be succeeded as active boss of the paper mills by Kraftman Cullen. At a board meeting last month it was decided that Mr. Graustein should resign as president of International Paper Co., remain as head of International Paper & Power, the top holding company. Presumably Mr. Cullen was to have a free hand in paper, Mr. Graustein in power...
...vote of no confidence, sat down forthwith and wrote a three-page resignation. Having by repute no love at all for Chase National Bank, Mr. Graustein is supposed to have spied that institution's long hand behind the directors' attitude. Elected to succeed him was Kraftman Cullen. Even Mr. Graustein does not know where Mr. Cullen was born...
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