Word: lachner
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Dates: during 1960-1969
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...Marshall S. Lachner, 46, resigned as president and chief executive officer of B. T. Babbitt, Inc, a leading maker of household cleaning products. He switched from beer to Babbitt 30 months ago. after squabbling forced him out of Pabst. "We have no pride." he announced. "We'll do anything that's legal to make a profit.'' He ran gimmicky promotions, even gave away subway tokens for Bab-O coupons. For a while Babbitt cleaned up. earned 42? per share in 1958 (v. $1.15 per share loss the year before), but last year it was back...