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Nattily dressed, a junior accountant named Robert Philip Adler reported to his new job at the ailing Waterman Pen Co. one August day in 1955. He was no sooner in the office than he found him self in hip boots, helping to shovel up the muddy debris of a flood that had immersed the plant. Adler, now 33, has since cleaned up at pen making in an even bigger way. As president of the renamed and revivified Waterman-Bic Pen Corp., he has expanded the Milford, Conn., firm into the nation's leading manufacturer of ballpoint pens, with...

Author: /time Magazine | Title: Corporations: Mightier than the Pencil | 3/17/1967 | See Source »

...Haven-born Adler joined Waterman soon after graduating from the University of Pennsylvania's Wharton School of Finance, moved up quickly, became company controller at 24, treasurer at 26. He caught the eye of Chairman Marcel Bich, Europe's foremost ballpoint-pen maker, when Bich bought Waterman in 1958. "I told him, 'You've cut expenses as much as you can,' " says Adler. " 'What you need is sales.' " Bich immediately made Adler executive vice president, and after sales pushed the company into the black, Adler became president at 31. Today Waterman...

Author: /time Magazine | Title: Corporations: Mightier than the Pencil | 3/17/1967 | See Source »

...RICHARD WATERMAN Independence...

Author: /time Magazine | Title: Letters: Jan. 6, 1967 | 1/6/1967 | See Source »

...necessity, Catholics and Protestants have shared worship facilities on military bases and college campuses, but St. Mark's seems to be the first brand-new city parish that the two faiths have ever jointly sponsored. The moving spirit behind the venture is Waterman, who two years ago helped arrange a merger of his own First Presbyterian Church with a nearby United Church parish. Both churches had rundown plants and declining congregations; even together, they could barely afford the new church that Waterman felt was needed. Scouting around to see if other religious groups might be interested, Waterman eventually persuaded...

Author: /time Magazine | Title: Ecumenism: Four for St. Mark's | 7/22/1966 | See Source »

...Waterman is careful to explain that St. Mark's does not aim to syncretize the doctrines and rites of the four churches. Each denomination will hold separate religious services for its own members, although the ministers have not yet figured out precisely how to divide up Sunday morning. As members of a single Christian community, St. Mark's parishioners will be invited to join regular ecumenical prayer service. And the four ministers will work togther in providing spiritual counseling for the parish, religious education and social-action projects aimed at combatting crime and juvenile delinquency in the neighborhood...

Author: /time Magazine | Title: Ecumenism: Four for St. Mark's | 7/22/1966 | See Source »

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