Word: loudon
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Dates: during 1960-1969
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...result of this is a hard-fought contest with its chief rival, massive Jersey Standard. John Loudon diplomatically insists that "this is not a horse race" - but every oilman knows that it is. The Group still lags behind Jersey Standard (1959 sales: $8.7 billion), but it is fast closing the gap. Its annual report, issued this week, shows that its sales climbed to $7.2 billion from last year's $6.5 billion and its net profits from $444 million to $491 million. While Jersey Standard's sales grew 5½%, the Group's sales grew...
Primus Inter Pares. Today the Group's destinies are controlled by Loudon and six other managing directors, who seem for all the world like members of an exclusive club - and so consider themselves. Of a far different stripe than the rough and ready tycoons of the past, they are subdued, cautious, and vastly competent in the modern committee manner. All had to pass one prime admission test: they must have compatibility as well as ability. The man who raises his voice or loses his temper is frowned on, the lone wolf considered a troublemaker. This collective leadership, says...
...this clubby atmosphere, John Loudon employs the same diplomatic skills to make things run smoothly as he does in the international world of oil. He is no desk pounder, has been known to lose his temper only once. Since the Group has an unwritten rule that decisions are never forced to a vote, Loudon, as the primus inter pares, tactfully arbitrates differences, suggests lines of agreement, sounds out his fellow directors. Four are Dutch: Lykle Schepers, 56, in charge of manufacturing, research, chemicals; Luitzen Brouwer. 49, exploration and production; Arnold Hofland, 59, marketing, personnel and Western Europe; and Loudon. Three...
...elegant, wood-paneled office in the Shell building on London's St. Helen's Court (Shell is building an unspectacular-looking 26-story headquarters on the banks of the Thames), Loudon receives a steady flow of international visitors. "This seems to be my American season," said he last week, after conferring with a stream of U.S. bankers and executives. He logs well over 150 hours of air travel a year, on a recent visit to the Middle East dined with Qatar's Sheik Ahmed (he thoughtfully brought along a rocking horse for the sheik...
Accent on Comedy (CBS, 10-11 p.m.). That rare TV hour - a live comedy show. Working for the laughs: Herb Shriner, Dorothy Loudon, Smith & Dale...