Word: herited
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Dates: during 1960-1969
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...fill a vacancy to be created by the retirement on July 1 of Senior Managing Director John H. Loudon (TIME cover, May 9, 1960). The top job, however, will remain in traditional hands: succeeding Loudon, 59, will be another Dutch oilman, Managing Director Luitzen Brouwer, 54. Spaght will in herit one of Loudon's titles: chairman of U.S. Shell. To take over the American firm as Spaght's successor, Shell named Richard C. McCurdy, 56, an Iowa-born mining engineer who worked up from oilfield roustabout to Shell boss in Venezuela and, since 1953, has been president...
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