Word: regan
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Dates: during 1960-1969
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...Bruce Regan led the Harvard attack with one goal and three assists while Jamie Kilbreth and John Ince knocked in two goals apiece...
...move, President James E. Thomson, 63, became vice chairman of the board, chairman of the policy committee and chief planning officer. Following Thomson as president will be Donald T. Regan, 49, a Massachusetts Irishman from Harvard who was a 1940 classmate of John F. Kennedy. Chairman George J. Leness remains as chief executive. But since Merrill Lynch has a mandatory retirement age of 65, Chairman Leness will step out late this year and turn his title over to Thomson. When Thomson retires a year after that, Regan will step in to run the world's largest investment house...
...Goofed." After joining Merrill Lynch in 1946, fresh from South Pacific service with the Marines, he went through the firm's sales training program and caught the eye of the then sales-promotion chief, Robert Magowan. While other graduates were sent out to run branch offices, Regan remained behind at the 70 Pine Street headquarters for increasingly responsible administrative jobs...
...Regan's blend of Irish charm and office skill made him a natural for special assignments. In 1962, after the company discovered that some of its salesmen were misrepresenting a small cigarette-filter company in order to sell its stock, Regan was dispatched to an SEC public hearing in Washington to explain. Said he simply: "Let's face it. This is one in which we goofed." He went on to explain that Merrill Lynch had already fined the salesmen involved and repaid $116,000 in losses suffered by customers. In recent years, Regan has also been...
...orderly transition from executive vice-president to his new job, Regan expects the routine to remain largely the same. But there will be one major change. In 1955, to round out his experience, Regan took charge of Merrill Lynch's Philadelphia office for a five-year period; when he returned to Pine Street he continued living in Bryn Mawr to let his four children grow up in accustomed surroundings. That decision has meant a two-hour commute twice a day ever since. Now, with the children grown, Regan's first presidential decision will be a family move...