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...During his 37-year rise from traveling geologist for Aluminum Co. of America, scholarly Lawrence Litchfield Jr., 61, learned to eat monkey meat and acquired a command of the Dutch Guiana pidgin known as Takki-Takki. But since he was named Alcoa's president two years ago, Litchfield's studies have been less exotic: under the tutelage of Chairman Frank Magee, 66, he has been mastering the art of managing a major corporation under tough competitive pressure. Last week, Magee turned over to Annapolis Graduate Litchfield ('20) the duties of chief executive of the world...

Author: /time Magazine | Title: Business: Personal File: May 4, 1962 | 5/4/1962 | See Source »

Smith-Corona's turn-around year of 1956 got under way when the University of Pittsburgh's Chancellor Edward H. Litchfield joined the board, and Smith-Corona acquired the Kleinschmidt Laboratories, a small, hustling outfit specializing in communications systems and related research. Bud Mead, who was executive vice president of Kleinschmidt, became vice president for operations for Smith-Corona and began to shake up the company. He mechanized assembly lines, closed antiquated production facilities, and built a new $2,000,000 factory in South Cortland, N.Y. Mead estimates that the company's typewriter-production capacity...

Author: /time Magazine | Title: Corporations: Turn Around at Smith-Corona | 4/21/1961 | See Source »

...merger with E. A. Pierce, its 1941 merger with Fenner & Beane, and in 1958 finally got his own name on the door of the world's largest international investment house as the directing partner, becoming board chairman a year later; of Parkinson's disease; in Litchfield, Conn. Modest but shrewd, Smith brought Main Street to Wall Street by directing a massive advertising drive aimed at turning middle-income families into a mass mar ket for securities, boosted Merrill Lynch, Pierce, Fenner & Smith's customers to 450,000 and its gross annual income to more than $136 million...

Author: /time Magazine | Title: Milestones: Jan. 20, 1961 | 1/20/1961 | See Source »

Careful Planning. Masterminded by Pitt's dynamic Chancellor Edward H. Litchfield, the trimester system was started last fall for the freshman and sophomore classes. Juniors and seniors will be included in the program in the fall...

Author: /time Magazine | Title: Education: Speedup at Pittsburgh | 7/11/1960 | See Source »

...Board of Bar Examiners has required three years of law school up to now. Intercollegiate sports are another problem. Some first-year graduate students at Pitt will be the equivalent of fourth-year undergraduates elsewhere, but as matters now stand, N.C.A.A. rules bar all graduate students from competition. Says Litchfield, who hopes to persuade the N.C.A.A. to waive its requirements: "You shouldn't penalize institutions willing to experiment...

Author: /time Magazine | Title: Education: Speedup at Pittsburgh | 7/11/1960 | See Source »

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