Word: smileyness
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...Straus in command for the first time in 80 years. Acting out of a conviction that "any organization has to make room for younger men," he passed most of his duties to a pair of carefully groomed, if nonfamily, successors. Macy's new chairman is Donald B. Smiley, 53, a lawyer and finance expert who has been vice chairman since 1966. The current president, Ernest L. Molloy, 62, succeeds Straus as chief executive...
...Archetype. As befits the familial heir,* Straus is not about to assume "a pensioner's schedule." He will head Macy's six-member executive committee, act as third man with Smiley and Molloy in a policy-making triumvirate...
...Strains. Macy's new top executives are more in the organization-man mold than Mr. Jack. Like Straus, President Molloy joined Macy's training squad right after Harvard ('29), later became boss of Macy's fast-growing California division. Macy's new chairman, Donald Smiley, has the salesman's open manner, yet is first to admit that he is "a nonmerchant." Macy's general attorney and then treasurer before he became vice chairman, Smiley will pursue the company's already sizable expansion program, which has added 13 new stores at a cost...
...Rockefeller represents a synthesis of liberalism and conservatism," said Jack Smiley, the first affirmative speaker for Pinceton. "His virtues are as innumerable as his dollar bills...
Princeton based its case on Rockefeller's achievements in state legislature and his commitment to the rights of the individual. "He has made major strides forward in civil rights, labor relations, aid to education, and low income housing," said Smiley...