PERSONNEL: Change of the Week, Jan. 19, 1959
Frank R. Armour Jr., 50, was elected president of H. J. Heinz Co., the first non-Heinz to hold the job since the firm started as a horse-radish distributor in 1869. He succeeds H. J. Heinz II, who became chairman of the board. Armour (no kin to Chicago's meat-packing Armours), went to work at Heinz in 1927 as a visitors' guide, held 57 varieties of jobs within the company. He worked in sales and advertising, became general manager of manufacturing in 1946, a vice president in 1949, executive vice president in 1957. Armour will be trying to widen profit margins; while fiscal 1958 sales climbed to $293,800,000 from $278,900,000, and Varieties increased to 675, net dropped from $10,600,000 to $9,300,000.
Most Popular »
- The Growing Backlash Against Overparenting
- Prehistoric Super-Crocodiles May Have Dined on Dinosaurs
- Amid Concern About India's Lost Clout, Singh Comes to Washington
- Woman Loses Benefits over Facebook Photo
- Toilets
- The Fall of Greg Craig, Obama's Top Lawyer
- Can the A380 Bring the Party Back to the Skies?
- Why Exercise Won't Make You Thin
- Man in Coma Heard Everything for 23 Years
- Troubling Rise of Facebook's Top Game Company
- The Growing Backlash Against Overparenting
- Prehistoric Super-Crocodiles May Have Dined on Dinosaurs
- How One Army Town Copes With Post- Traumatic Stress
- Beijing: 10 Things to Do in 24 Hours
- Man in Coma Heard Everything for 23 Years
- Will Private Equity Be the Next Meltdown?
- The Fall of Greg Craig, Obama's Top Lawyer
- Female Sexual Dysfunction: Myth or Malady?
- U.N.: More Children in School, Fewer Dying
- Troubling Rise of Facebook's Top Game Company
Quotes of the Day »
JOE LIEBERMAN, a Senator from Connecticut, on his refusal to support a health care reform bill that includes a public option
Quotes of the Day »
JOE LIEBERMAN, a Senator from Connecticut, on his refusal to support a health care reform bill that includes a public option
RSS