Word: warded
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Despite the score, the many cold weather fans were not disappointed. In the absence of Ohiri, who had to be satisfied with signing autographs from the bench, Billy Ward was the center of attraction. The versatile Jamaican thrilled the crowd as he outmaneuvered the Tigers with expert ball control and accurate passes...
...upper reaches of U.S. business last week, it seemed to be moving day. All told, seven major corporations named new senior executives. Most drastic shift was the appointment of Robert E. Brooker, 56, as president of Montgomery Ward-a company whose top executives have been more mobile than most. In 24 years Ward has run through eight presidents; the last, Paul M. Hammaker, went out only four months ago amid stockholder yelps over poor earnings...
Brooker may prove just what Ward needs. At least, he was trained in the right place: Sears, Roebuck & Co., where he rose to a vice-presidency for manufacturing before leaving in 1958 to head the Sears-affiliated Whirlpool Corp. But his appointment helped kill the enthusiasm of Sol Cantor, president of New York's discount-minded Interstate Department Stores, for a previously planned merger with Ward. Cantor and other Interstate brass were miffed when Ward's Chairman John Barr did not check the selection of Brooker with them...
...lure Brooker away from Whirlpool, Barr realigned Ward's pecking order, abolishing the title of chief executive officer, which Barr himself had held, and establishing a new title-chief administrative officer-which went to Brooker. This, said Barr, means that "chairman and president are now on a par." Ward, which still suffers from the aftereffects of longtime (1935-55) Chairman Sewell Avery's ironhanded management, is as yet reaping no profit from Barr's costly drive to open new stores. Last year the company earned only $15 million-a 50% drop from the previous year. Brooker...
...John Harris Ward, 53, moves in as chairman and chief executive officer of Chicago's Commonwealth Edison Co., the nation's third largest public utility. He succeeds Willis D. Gale, 62, who becomes chairman of the executive committee. Harvard-educated (class of '30), Ward intends to push Commonwealth Edison further into household electric heating and the uses of automated machinery. His reasoning: "The more industry uses these wonderful gadgets, the more electricity is consumed...