Word: romneys
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Dates: during 1950-1959
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...director of the Automotive Council for War Production during World War II, Romney worked up a cooperative system that enabled companies to share one another's production advances. At war's end he performed one of his biggest services by persuading Government officials to cut short cumbersome contract-termination procedures that might have tied up auto plants for months. Instead, automakers began rolling out new cars almost immediately after war's end, thus averting heavy unemployment...
...After the war, Romney went to work for Nash-Kelvinator as assistant to President George Mason. The company, which had started in 1902 with Founder Thomas Jeffrey's Rambler, a one-cylinder runabout, was bought in 1916 by Charles Nash, president of General Motors, who introduced the first Nash in 1917. As solid and conservative as its uninspiring cars, Nash had for years been a profitable but never a spectacular company...
...Romney picked Nash over other jobs because George Mason, like Romney, believed in the future of the smaller car. The company had started developing one before World War II, was ready to introduce a new, compact Rambler. Also in the works: the Nash Metropolitan (wheelbase...
...Ghost. Never has Detroit seen an auto executive like Romney. In an industry noted for hard drinking and tough talk, Romney does not drink (not even tea or coffee), or smoke or swear. He is the president (i.e., bishop) of the Detroit stake of twelve Mormon churches, was the leader in building a new $750,000 Mormon tabernacle in suburban Bloomfield Hills. He gives 10% of his $100,000 salary, and sometimes more, to the church. He reserves his Sundays exclusively for church activities, often travels to other Mormon churches to set up conferences or deliver sermons...
...religion," says Romney, "is my most precious possession. Except for it, I could easily have become excessively occupied with industry. Sharing responsibility for church work has been a vital counterbalance in my life...