Word: latechairman
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High Voltage Gains. A.R.D. was founded in 1946 by French-born Doriot, Massachusetts Investors Trusts lateChairman Merrill Griswold and Vermont's former U.S. Senator Ralph Flanders. Doriot soon took over as president, and the company took a loss on its very first investment-a degreasing gun. It lost money consistently for the first four years. It also failed to see much future in Ampex or Varian Associates, which went on to rise high in the space...
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