CORPORATIONS: Moving Down at Du Pont
The monthly meetings of the E.I. du Pont de Nemours & Co. board, nine of whose 24 members reside in the House of Du Pont through bloodline or marriage, tend to be family as well as corporate councils. At last week's session, family scandal and a series of reverses in the company's fortunes combined to cause change at the top of the world's largest chemical manufacturer. At the ever-so-gentle hinting of other Du Fonts, Chairman Lammot du Pont Copeland Sr., 65, declined to stand for re-election and also stepped down from the...
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