Word: menke
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Dates: during 1960-1969
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...expanded freight facilities in Spokane and Seattle. As projected, the management lineup-which could stand some streamlining-would have Great Northern President John M. Budd as chairman and chief executive of the new company, Burlington President William J. Quinn as vice chairman, and Northern Pacific President Louis W. Menk as president...
...Menk says railroads should get out of the railroad business," cried an ad in the Wall Street Journal and other newspapers this week. "Who does he think he is?" Who, indeed, but the president of the 14,000-mile Chicago, Burlington & Quincy Railroad. Louis Wilson Menk obviously had more on his mind than his catchy headlines seemed to say. "We're not in the railroad business," continued the ad. "We're in the distribution business. Mere semantics...
...sure is. In the eight months since Menk, 48, took over the 117-year-old Burlington, he has even shifted advertising agencies for the first time in 40 years, redesigned timetables (the covers now show a comely girl with an above-the-knee hem line), and started redecorating the line's 54-year-old headquarters in Chicago to discard what he calls the creaky "railroad look." Lou Menk has also reshuffled management, introduced a human-relations course that executives call "the charm school," figures that by emphasizing such small changes, he will get his employees to think seriously about...
...Chase Hobos. Menk is a railroader's son who began 30 years ago as a telegrapher, rose to head the Frisco line and become the most sought-after executive in the industry. He was recruited for the Burlington with a bigger job in mind: the railroad's stock is 97% owned by the Northern Pacific and the Great Northern and, in a merger that the ICC unexpectedly turned down last month, he was slated to become operating head of the three roads. With the merger outlook now cloudy, he is concentrating on bettering the Burlington. Among the measures...
...Menk ordered the Burlington's railroad police to forget about chasing hobos, concentrate instead on reducing freight damage; monthly damage claims have since dropped...