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...auto-parts company, Midas-International used to be a remarkable place to work. At its Chicago headquarters, Bach chamber music wafted from hidden loudspeakers, while Technicolor-plumed finches twittered in a giant cage. The boss, bumper-bald Gordon Sherman, 43, was in the office round the clock some days-and other days scarcely at all. A man of intense energy and occasional brilliance, he often worked at home, where he also liked to tend his orchids and hummingbirds or tootle his oboe and English horn. Occasionally he held executive meetings at a zoo, or in the office by candlelight...

Author: /time Magazine | Title: PROXY FIGHTS: Ambush at Generation Gap | 5/3/1971 | See Source »

...whole stress in the company, as one former executive put it, was not so much on working hard and filling up time as on working smart and solving problems. Some of Sherman's executives were psychologists and sociologists, whom he had recruited with want ads in the Saturday Review and Psychology Today. "You can take a so-called good businessman, but you can't necessarily teach him to communicate," he said. "But if you take a man who somehow has learned to excel in the skills of communication, put him in a business suit...

Author: /time Magazine | Title: PROXY FIGHTS: Ambush at Generation Gap | 5/3/1971 | See Source »

Barrage from the Board. This unstructured management approach did not go over well with the company's founder and major stockholder, 72-year-old Nate Sherman, who is Gordon Sherman's father. Nate had started the firm in 1938, become known for dependable wholesale distribution in a generally haphazard field, and prospered in the postwar auto boom. He built the business into a $3.5-million-a-year operation by the time Son Gordon joined the organization in 1950. Gordon promoted the idea of starting Midas Muffler Shops -franchised retail outlets with specialists in trim uniforms. The Midas idea...

Author: /time Magazine | Title: PROXY FIGHTS: Ambush at Generation Gap | 5/3/1971 | See Source »

...other Crimson scores-the ones which didn't count in the five-man total-were registered by the returning Cooch Owen (83) and captain Fred Sherman...

Author: NO WRITER ATTRIBUTED | Title: Golfers Win Two in Rain; Beat Indians, Crusaders | 4/30/1971 | See Source »

...Sherman, obviously pleased with the Crimson's performance, said. "We were 3-3 before today. We're encouraged by the improving scores. I guess you could say our second season began this afternoon...

Author: NO WRITER ATTRIBUTED | Title: Golf Team Breezes to Win In Greater Boston Tourney | 4/27/1971 | See Source »

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