Word: mckesson
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Dates: during 1950-1959
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...began to take over directorships held by Goldman, Sachs, he learned another lesson. He was on the board of McKesson & Robbins when President F. Donald Coster defrauded the firm of millions, and killed himself. After that, Weinberg kept close tabs on every corporation for which he was a board member, built a reputation as an invaluable addition to any board. In 1946, General Electric had mapped an expansion program of several hundred million dollars, and President Charles E. Wilson was not sure how his board would react. His worries vanished when Weinberg supported the plans with hard facts and figures...
...Herman C. (for Christian) Nolen, 54, was elected president of McKesson & Robbins. Inc., world's largest wholesaler of drugs and liquors (Martin's V.V.O., Highland Queen), to succeed George Van Gorder, 60, who remains board chairman and chief executive. Nolen, son of a Muskegon, Mich, physician, was a Phi Beta Kappa at the University of Wisconsin (class of '22), worked his way up to production superintendent of Continental Motors Corp., then left business to take a Ph.D. in 1937 at Ohio State University. His doctoral thesis (Study of Chain Store Merchandising Methods and Selling) established...
...original $2 billion estimate, and the actual cost to businessmen will be a lot less. Reason: unpublicized gestures by a large segment of U.S. business to replace or repair flood-ruined merchandise free of charge or at big discounts. Among the firms helping out: drugmakers Eli Lilly, McKesson & Robbins, Bristol-Myers, Johnson & Johnson, food processors Birds-Eye, National Biscuit Co., Pepsi-Cola, cameramakers Eastman Kodak, Agfa, Bell & Howell...
...Charles Thomas Lipscomb Jr., 46, was elected president of the J. B. Williams Co. (shaving creams). After graduating from the University of North Carolina ('28), Lipscomb spent his first ten years in business with Vick Chemical Co., the next ten with Coca-Cola and McKesson & Robbins, where he became general sales manager. In 1950 he was elected president of Unilever's Pepsodent division, where he was responsible for bringing out the first chlorophyll toothpaste (Chlorodent...
...Lewis J. McKesson, a former Voice engineer, testified that two 1,000,000-watt transmitters the agency was building in the U.S. were "not properly located." Both sites, he said, lie within the earth-girdling magnetic-storm belt; if located outside the belt, the transmitters would cost $18 million less to build, and require 90% less power. A Voice official named Frederick Freeman added that the contract for building one of the two transmitters had been awarded to "the least eligible of 14 bidders." Soon after Freeman testified, Voice Boss Wilson M.Compton ordered work on both projects halted...