Word: revamped
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...full line of products. At the same time, Arnold Maremont cast about into nonautomotive fields, picked up several basically sound companies in trouble and set them right. One problem acquisition: the Gabriel Co., a producer of auto shock absorbers and electronic gear, which took longer than expected to revamp, was largely responsible for slicing Maremont's 1963 earnings in half...
...case of technological indigestion. Concerned by the loose management and by the 1961 loss, Walkowicz, with the 20% Rockefeller interest to protect, called for reinforcements. He prevailed on Frank Lindsay, a member of the management consultant firm of McKinsey & Co., to become executive vice president and help Leghorn revamp the company. Lindsay was a longtime friend of both Walkowicz and Leghorn, and as a former member of the Central Intelligence Agency was closely familiar with aerial reconnaissance and the idea behind Itek. A bitter power struggle broke out; Leghorn lost, quit the company, and Lindsay took charge...
Polish or not, Gronouski performed ably as Wisconsin's tax commissioner for the past four years, helped revamp the state's whole revenue system. A Ph.D. in economics from the University of Wisconsin, he is an affable, pipe-smoking ex-college professor whose air of rumpled relaxation is deceiving. He is a driving administrator, has worked twelve to 16 hours a day himself, and expects his staff to do the same. He is a militant Democrat who drew constant fire from Wisconsin papers for his partisanship while tax commissioner-a nonelective office. But even state Republicans have grudging...
Where all this may lead depends largely on whether the union works with and not against Superintendent Gross, who saw clearly that the union's demand for a voice in policy could be turned into a constructive force. Gross hopes now to revamp New York's school system drastically, using such sharp tools as team teaching, programmed learning, a crash program for slow readers. To give teachers a genuine feeling of "getting results," Gross may well reshape administration from stem to stern. Calmly taking the measure of his task, he says: "I don't think the school...
Died. Mark Winfield Cresap Jr., 53, who until July 15 was president of Westinghouse Electric Corp., a Harvard Business School graduate who in 1951 left the industrial consultant firm he helped found (Cresap, McCormick & Paget) to revamp the Westinghouse management structure, and in his five years as president brought the company into the forefront of nuclear development; following surgery for a gastric hemorrhage; in Pittsburgh...