Word: greenebaum
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Dates: during 1960-1969
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...furrier, Julius Jennings Hoffman grew up in Chicago, graduated from Northwestern University Law School and went into corporate practice. At 33, he married Eleanor H. Greenebaum, whose family controlled what became the Brunswick Corp., which makes bowling alleys and other products. He served as the company's counsel until he was elected a state circuit-court judge in 1947. A generous supporter of the Republican Party, he became the first Jew on the federal bench in the Northern Illinois district when President Eisenhower appointed...
Mary deZ. Greenebaum of New York (History and Literature); Martha L. Halpin of Waterbury. Conn. (English); Ellen G. Hawkes of Saratoga. Calif. (English); Louis E. Hertzmark of Milton (Mathematics) and Amy E. Johnson of Worcester (English...
...last week Hertz itself agreed to become a No. 2 of a sort. The rental firm's chairman, Leon C. Greenebaum, and Radio Corp. of America's chief executive, Elmer W. Engstrom, jointly announced that after an exchange of stock valued at $185 million, Hertz will become a wholly owned RCA subsidiary...
...sudden, it was not exactly surprising. Hertz constantly needs vast amounts of money to purchase new vehicles and open new locations, particularly in foreign nations, where the idea of car rentals has caught on fast. The tight money market has put a damper on the company, forced it, in Greenebaum's words, to "pull back on some experimental work we've been doing in developing new markets." One pullback, for the time being: a market test in which Hertz had been making extra sports cars available to see how eagerly drivers with more funds and free time would...
...Hertz-RCA fusion will mean benefits for both companies. Hertz, with Greenebaum still in the driver's seat, will have more money to expand and keep its lead in the business. Meanwhile, having branched out from automobiles to leasing everything from construction cranes to hospital beds, Hertz may be able to help its new parent. RCA is coming on fast as a manufacturer of computers. But most customers are anxious to lease such equipment rather than to buy it. Hertz's longtime leasing experience will be handy...