Word: townsend
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Candidly, Chrysler's young (42), new President Lynn Townsend explained the reasoning behind his strategy: the multiplicity of new names and models has already so confused the public that Chrysler decided to play it straight and simple. Said Townsend: "People like to feel that a Dodge is a Dodge and a Plymouth is a Plymouth. They feel slightly confused and faintly unhappy when a car they have owned for years suddenly gets itself a baby brother...
MARTIN I. TOWNSEND...
...MARY TOWNSEND...
...major change of direction for Chrysler, a five-man executive committee, composed of President Townsend and four directors from outside the ranks of Chrysler management, collectively took over the duties of Colbert's post as chief executive officer. Pittsburgh's personable, plain-spoken George H. Love, 63, who heads the new committee, agreed to resign as chairman of the M. A. Hanna Co. and as a member of the executive committee of National Steel Corp. (He will remain chairman of Pittsburgh's Consolidation Coal Co.) For Chrysler, this was clearly the beginning of the transition from...
...Even under committee rule, however, prime responsibility for Chrysler's operations will rest with Lynn Townsend, an assured, articulate man who divides his spare time between water skiing and reading history. (He prefers to read about ancient civilizations "because, after all, I'm living in this one.") Orphaned at 14, Townsend put himself through the University of Michigan washing dishes, and worked for ten years with Touche, Ross, Bailey & Smart, Chrysler's auditors. He got into the auto business formally four years ago, when he joined Chrysler as controller...