Word: mellons
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Dates: during 1950-1959
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...Thomas Mellon Evans had a reputation as a tough boss-but hardly anyone realized quite how tough. When he took over Chicago's 104-year-old Crane Co., the nation's largest maker of valves, pipes and pipe fittings, last spring (TIME, May 11), employees braced for a shakeup. They were hardly prepared for what followed. Last week Crane announced the resignation of Norman F. Garrett, the fourth of its six vice presidents to go in three months. Five directors have resigned since Evans took over as board chairman, paring the board down to six men. Burly, rough...
...work done before most of his executives come in, sometimes embarrasses them by assuming that everyone keeps his hours and calling their offices before they arrive. He divides his time between his Park Avenue apartment in Manhattan and Pittsburgh (where his living quarters are right in the Mellon-U.S. Steel Building...
Smith College Chien-Shiung Wu, physicist, co-disprover of the famed law of the conservation of parity Sc.D. Gwendolyn Grant Mellon, philanthropist, nurse, founder with her husband of Haiti's Albert Schweitzer Hospital L.H.D...
...Pittsburgh, where he spends a third of his working time at the operating headquarters, his home is a suite of rooms atop the Mellon-U.S. Steel Building; in Manhattan, his home is a Park Avenue apartment minutes away from the corporate policymaking headquarters. He often starts his day at 4 a.m. or 5 a.m. sitting quietly in his den or kitchen working out corporate problems on a yellow pad of legal paper, and his workday rarely ends before 7 or 8. His free time is generally spent with his wife in a sprawling Victorian house in Hawley...
...ranking heirloom collector of U.S. business is a Pittsburgh millionaire named Thomas Mellon Evans. His heirlooms are old, family-owned business enterprises that have fallen on hard times, and his specialty is modernizing them. Last week Tom Evans, chairman of Pittsburgh's H. K. Porter Co., Inc., an industrial combine with assets of $57 million, added another heirloom. He took over as board chairman and chief executive officer of Chicago's Crane Co., the nation's largest manufacturer of valves, fittings and pipes, in a shake-up of 104-year-old Crane's management...