Word: semon
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...also announced the resignation of Executive Vice President Semon E. ("Bunky") Knudsen, 55, the man credited with reviving Pontiac's fortunes when he headed that division from 1956 to 1961. Though the official line was that Knudsen wanted "to pursue personal interests," he was known to be disappointed by G.M.'s decision last fall to give the corporate presidency to Edward N. Cole...
Roles for Rivals. As president, Cole stands to earn about $600,000 a year in salary and bonuses; yet he will not have all of Roche's former responsibilities. He will concentrate primarily on the U.S. automobile business; Executive Vice President Semon E. ("Bunky") Knudsen, 55, who heads G.M.'s growing international operations and was considered Cole's chief rival, will also take charge of defense and nonauto business in the U.S. and report directly to Roche...
Odds are that the new president will be one of G.M.'s five present executive vice presidents: George Russell, 62, Roger M. Kyes, 61, Edward N. Cole, 58, Semon E. ("Bunky") Knudsen, 55, and Edward D. Rollert, 55. On the basis of seniority, Russell, who has long been Donner's top financial aide, stands first in line. But since G.M.'s presidency ordinarily leads to the chairmanship, with at least three or four years in each post, Russell's age is counted against him. The same applies to Kyes, who served in the Eisenhower Administration...
...largest division is the most competitive of all. Though its sales are already greater than those of the entire Ford Motor Co., Chevrolet has prepared for 1964 a whole new line of intermediate models in an effort to win even more sales. Last week Chevrolet General Manager Semon ("Bunky") Knudsen showed to the press the auto that is expected to do the job: the new Chevelle. Impressed by its clean and handsome styling, Detroit's normally undemonstrative auto reporters broke into spontaneous applause...
...market. Says Los Angeles Oldsmobile Salesman Ed Sarafian: "Nobody asks how many miles to the gallon any more." The buyers are also showing a price-swelling preference for such extras as air conditioning and adjustable steering wheels. "People want luxury cars, not basic transportation," says Chevrolet Chief Semon Knudsen, who recently reported that only three of Chevy's 6,800 dealers failed to make money last year. So far this year, more than half of Chevy's sales are top-of-the-line Impalas (average price delivered: $2,850), and almost half of Cadillac's buyers...