Word: townsendized
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Dates: during 1960-1969
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...Elis broke pool records in five events following the dive. Townsend won the individual medley in 2:03.3. In this same event two men were disqualified: Pringle, for an illegal kick, and Kelfer, for missing his backstroke-breaststroke turn. The versatile Clark came back to win the 200-yard butterfly in 2:02.8; Austin won the 100-yard freestyle in 48.4; Goettache easily won the 200-yard backstroke with a time of 2:01.2; and the free relay team of Galton, Mussman, Lyons and Austin won the event with ease...
...based on more than fond hopes. January's auto sales totaled 543,601, a 12% increase over January 1962, and a record for any January. The biggest sales rise was made by Chrysler, which is recuperating vigorously under the cost-cutting, fat-trimming prescription of President Lynn Townsend. Chrysler took 11.8% of the market in January, almost 2% better than its showing last year. General Motors, as usual, had the biggest share (55.6%), and its Chevrolet, Pontiac and Cadillac divisions all made records...
Exotic Gardener. Despite all the energy he gives to Chrysler, Townsend gets home to his unpretentious ranch house in suburban Bloomfield Township almost every night for dinner and seldom brings work with him. "I've never been one who measures the quality of a job by the length of time applied thereto," he says. With his wife Ruth, whom he met at the University of Michigan, he is an avid indoor gardener, raising such exotic plants as orchids and sea grapes. Summer weekends they spend at their cabin on Byram Lake, 45 miles from home, where Townsend water-skis, boats...
...office Townsend is a brusque, blunt executive who would rather duck into a man's office for a talk than use the telephone. With Townsend, says one hardworking Chrysler official, "the needle is always out?but always in good humor." Says Chairman George Love: "He has the rare capacity to persuade his associates to express opinions contrary to his own." Adds Love of his own relationship with Townsend: "Let's say Townsend has an uncle?an uncle with some experience m managing a pretty tough coal business. This uncle is looking over his nephew's shoulder because the uncle...
About Time. Despite his drastic clampdown on Chrysler's spending, Lynn Townsend has not mortgaged future growth for the sake of current profit. Next year the company will put 50 to 75 gas-turbine Chryslers into the hands of specially selected customers for testing?a step that Townsend hopes will give Chrysler a commanding lead in development of what may prove the auto engine of the future. But the impact of Townsend's turnaround is already apparent among those shrewdest of critics, the dealers. Says Sacramento Dealer Dalton Feldstein: "It's a new spirit, a new era?...