Word: lazaris
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Dates: during 1965-1965
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Though Ralph Lazarus, 51, was assured a job with Cincinnati-based Federated Department Stores because he was the fourth generation of what Cincinnatians call "the Lazari," it was talent and hard work that made him rise to the presidency, where he is coequal with Father Fred Jr., 80, Federated's chairman. Ralph now does most of the traveling, makes most of the decisions, and is chiefly responsible for the first $1 billion sales year in Federated's history. Since his father died in 1959, Motorola Chairman Robert W. Galvin, 42, has increased sales 43%, introduced such profitable lines...
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