Word: romney
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Dates: during 1950-1959
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...even more profitable, possibly merge American Motors with some of the firms controlled by Wolfson's Merritt-Chapman & Scott or his Universal Corp. Wolfson was mum on his plans, beyond saying ominously that "certainly some overhauling of American Motors is indicated," intends to meet with A.M.C. President George Romney this week in Miami...
...overhauling, said Wolfson, "might call for a trimming, paring and pruning of certain unprofitable operations and possibly an expansion of others." He denied that he plans a proxy fight: "We are backing management." From Detroit, harried George Romney answered in kind: "I really believe that Wolfson will help the company...
...prefer that she not use a toothpick, but beyond that she's his problem, not ours." Most corporations hope for some social relationships among executives, but do not try to forge them by selecting wives to fit into a pattern. "I doubt very much," says Mrs. George Romney, wife of the president of American Motors, "if anything very important is ever accomplished at parties...
Joan Bennett plays the leading lady with a brassy verve that is matched by Donald Cook as her husband. Romney Brent plays Miss Bennett's collaborator with a limpid little-boy charm. Edith Meiser carries a spinster character role with enough energy to compensate for the poor lines she was given, and Jerome Cowan plays an amorous Internal Revenue agent. The play is held together by a succession of hilarious stage business, a routine with Mr. Cook drinking coffee, and other bits which are marvelously performed...
Sales Increase Ahead. On the whole, the news was not all black. Kelvinator refrigerator sales rose 8.5% in 1956 v. an all-industry slide of 11%. The Rambler, on which Romney is betting heavily, has sold well through the first four months of fiscal 1957, when sales rose 40.8% to a record 23,183. To turn a profit, said Vice President Roy D. Chapin Jr., "a reasonable increase in sales is all we need. We believe we can see that increase coming if we hold fast to our objectives...