Word: sunderland
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
Solid & Durable. The traffic moves in both directions; big-time lawyers shift readily into high posts in business and government. The late John W. Davis of Davis Polk Wardwell Sunderland & Kiendl left Wall Street in 1924 to be come the Democratic candidate for President; he lost and went back to lawyering. Several Cabinet officers, Henry L. Stimson and John Foster Dulles among them, have been Wall Street lawyers. Defense Secretary McNamara's newest deputy, Cyrus Vance, came from Simpson Thacher & Bartlett. The big outfits, sometimes referred to as "factories" (the term makes the lawyers wince), also supply a sizable...
Reaching Out. As United Fruit's fortunes darkened, the company's directors, led by their newly elected chairman, Boston Investment Banker George Peabody Gardner Jr., 44, desperately reached outside the banana business to find a president who would remake the company. Their choice: Thomas Elbert Sunderland, 54, previously vice president and general counsel of Standard Oil of Indiana...
...Sunderland found himself at the head of an empire which, besides banana lands in eight tropical American countries, included cattle ranches, thousands of acres in sugar cane, cacao and oil palm, 1,380 miles of railroads, 55 ships, a sugar refinery and a communications network (Tropical Radio Telegraph Co.). He also found himself saddled with a chaotic organization in which three men might be working on the same project without being aware of each other's existence. The company also suffered from memories of the freewheeling days when it was run by the late Sam ("The Banana Man") Zemurray...
...Manhattan's Boyden Associates claims the highest ($50,000) average salary for the executives it places. Among its recent recruits: United Fruit President Thomas Sunderland and Studebaker-Packard Pres ident Sherwood Egbert...
...recruiters offer that captures so many executives? Not salary, most executives agree-though the promise of fat stock options in the new job often helps. The real clincher, however, is most often the prospect of greater challenge. "I was delighted with my old job," says United Fruit President Sunderland, who was en ticed away from a vice-presidency at Standard Oil of Indiana. United Fruit's difficulties were what excited him. "I knew there would be great personal satisfaction in straightening those problems...