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...around him. Even Aide Jack Clumeck says: "I cannot imagine spending seven days a week with this fellow. After a threeor four-day trip with him, I have to take a few days off. He is just that intense and probing." As a man of a reflective nature, however, Norton Simon knows that neither activity?nor acquisitiveness?are ends in themselves. "He is not interested in leaving a huge fortune," says U.C.L.A.'s Murphy. "He thinks each generation should take care of its own. He has extracted his wealth from society and he intends to give it back...

Author: /time Magazine | Title: Management: The Corporate Cezanne | 6/4/1965 | See Source »

...give back his art, Simon has established his Norton Simon Foundation, which buys works of art and lends them out for public showings without charge. Some 25% of the exhibits in the Los Angeles County Museum are from the foundation, and the museum hopes eventually to get most of Simon's collection. As for that other collection, the string of companies that Simon has bought into, there is as yet no master plan. Simon says that an objective "is being worked out. It is going to be something complex. We are struggling with the definition." Translated, that means that Hunt...

Author: /time Magazine | Title: Management: The Corporate Cezanne | 6/4/1965 | See Source »

...sale of Titus, including thousands of pleas for handouts, dozens of propositions from art pushers, and an offer from an Englishwoman to sell him a 150-year-old pub. By dint of his business acumen, his acquisition of great art and his generosity in lending that art through the Norton Simon Foundation, he has become a national figure?whether he wanted...

Author: /time Magazine | Title: Management: The Corporate Cezanne | 6/4/1965 | See Source »

...great upheaval of his early life occurred: his mother died and his father moved with him and two younger daughters to San Francisco to live with relatives. Norton enrolled in San Francisco's Lowell High, joined up with a group of boys who called themselves "The Nocturnes" and spent their spare time crapshooting. Another Nocturne was Edmund G. Brown, now Governor of California. "It was amazing," remembers Pat Brown, "how Norton could always figure out the odds. He might be playing against half a dozen others, but somehow he kept all the odds in his head...

Author: /time Magazine | Title: Management: The Corporate Cezanne | 6/4/1965 | See Source »

...unabashed raider of other companies' personnel, has already hired away 15 executives for Wheeling from other steel companies), gets so impatient that he frequently pounds the table and yells. Says Jean Fowles, whose husband sold Manhattan's Duveen Gallery to Simon for $15 million last year: "The thing about Norton is that he's terribly impatient with stupidity. When someone insists that 'this is a good way because we've always done it this way,' he simply can't stand it." Simon's public attack on Wheeling Steel President William Steele ("Not even a good vice president") was unprecedented...

Author: /time Magazine | Title: Management: The Corporate Cezanne | 6/4/1965 | See Source »

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