Word: planted
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Dates: during 1960-1969
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...secrets. Ford shuffled able but colorless President Arjay Miller, 51, to the new post of vice chairman. As such, Miller will run Ford's finances, legal department, public relations, Washington staff and long-range planning. Knudsen, as chief operating officer, will not only control sales, product development and plant operations, but will also assume full command of the company when Chairman and Chief Executive Ford is absent...
Upsetting though the importation of an outsider was to other Ford executives, Vice Chairman Miller seemed almost relieved. No engineer, Miller has never worked on an assembly line or run an auto plant. In his five years as president, he found it difficult to keep some underlings under firm control, notably the brilliant but impulsive Lee lacocca, 43, who heads Ford's North American automotive operations. lacocca (TIME cover, April 17, 1964) had been widely regarded as a candidate for the Ford presidency. Now, he presumably faces a decade of waiting under Knudsen-and one of Detroit...
...this business, the competition will bite you if you keep running; if you stand still, they will swallow you." Bunkie Knudsen has been mostly running ever since the day in 1927 when his father announced that he could have a new Chevrolet if he would stop by the plant. Bunkie, 14, found the car waiting-in several thousand pieces. "It took me a couple of months to put it together," he recalls, "but I finally got it running...
After a year at Dartmouth and an engineering degree from M.I.T. ('36), Bunkie went to work for a Detroit machine shop. He reached Pontiac in 1939 as a menial "tool chaser." Then, for a decade, he tried out anything that might broaden his experience from defense-plant inspector to car-assembly superintendent...
Arriving in Keene this afternoon, McCarthy visited two insurance companies and one plant. A planned tour of another manufacturing company was cut short because of what the management called "labor difficulties." The senator departed for New York this evening...