Word: du
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...meets customers or suppliers, has little contact with the chiefs of other big companies, has never spoken with President Johnson or any Administration officials. He spends full time on top policy, helping to decide which men to promote to high jobs, figuring how much to spend on each of Du Pont's major products and keeping a hard watch on the finances...
...society devoted to fine wines, and he employs a French chef who came to him from Lord Astor. He and his wife Pamela-their three children are grown-live in a 20-room, antique-filled Georgian mansion whose 300 acres are tended by 14 gardeners and protected, naturally, by Du Pont fungicide...
Copeland's hilltop estate is only one of the largest in the woodland Delaware area known as the "Du Pont Chateau Country," where the family's estates lock one into another to form a magnificent preserve for shooting and fox hunting. Proud of their French Huguenot ancestry, the Du Fonts have given their places such names as Montchanin, Granogue, Chevannes, Nemours, Louviers and Bois des Fosses. The houses contain the big-game trophies bagged by the family on African safaris, the pictures of such Du Pont yachts as the American Eagle (a 1964 America's Cup contender...
...these distractions, the family's control of the business has been remarkably enlightened. Even the critics of its nepotism concede that the family shunts its mediocre members into powerless "drag" jobs. The Du Ponts motivate their hired managers to fierce loyalty by giving them uncommon amounts of power and money. To achieve the outlook and flexibility of a small company, they have broken up their firm into a dozen operating departments that are only loosely supervised from above. A department general manager is like a captain on a ship, free to chart his own course so long...
...lower executive echelons, Du Pont also offers fairly handsome salaries, bonuses, and such benefits as the company-run country club for all employees (highest fee: $125 a year). By the time he is 40, the rising Du Pont executive may earn well over $25,000, enough to move to the farther-out suburbs, where the pond in the backyard is preferred to the swimming pool. To those at home base, in fact, Du Pont is more than a place of work; it is a way of life in the most thoroughgoing company town in the U.S. The Du Ponts...