Word: strichman
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...York's Fairbanks Whitney Corp. Last week, after interviewing more than 40 senior executives from every corner of the nation, Karr ended his talent quest. In as Fairbanks Whitney's new president and chief executive officer (at $115,000 a year) goes crew-cut George A. Strichman, 46, once director of manufacturing services for Raytheon Corp. and until last week president of the Kellogg division of the International Telephone & Telegraph Corp...
Call for an Encore. Strichman seems just such a man. When he took command at Kellogg in 1959, the telephone-equipment manufacturer was losing some $4,200,000 on sales of $45 million. Strichman launched a modernization program that has already added three new plants and aims to have the existing ones made over by the end of 1963. This year Kellogg expects to show a $2,000,000 profit on sales of nearly $120 million. Strichman hopes to repeat the performance at Fairbanks, but, well briefed on the company's recent past, promises only...