Business: Changes of the Week
¶ Edwin J. Schwanhausser, 60, was named president of Worthington Corp., largest U.S. pump manufacturer (more than 10,000 models). Schwanhausser got a job in the shop at Worthington while working his way through Stevens Institute of Technology ('15), later shifted to the engineering and sales departments, became an executive vice president in 1949. As Worthington president, Schwanhausser hopes to push Worthington's diversification program, which has put it into air conditioning, turbines and chemicals.
¶ Norman R. Klug, 49, was promoted from vice president to president of Milwaukee's Miller Brewing Co. (Miller High Life), to succeed Frederick C. Miller, killed in a private-plane crash (TIME, Dec. 27). A Marquette University graduate ('27), Klug is a civic-minded lawyer, onetime police judge and former state assemblyman. He takes over the brewery as it is completing a $50 million expansion program.
¶ Robert A. Stranahan Jr., 39, half-brother of famed Golfer Frank Stranahan, moved up to take over from his father the presidency of Champion Spark Plug Co., the nation's largest sparkplug company. R. A. Stranahan Sr., 68, and his brother, Frank D. Stranahan, 78, millionaire founders of the company, become co-chairmen of the board. Young Bob Stranahan graduated from Toledo's Scott High School, put in seven years on the production line, in the shipping room, engineering and sales departments before getting his first executive position in 1942.
Most Popular »
- The Growing Backlash Against Overparenting
- Prehistoric Super-Crocodiles May Have Dined on Dinosaurs
- Woman Loses Benefits over Facebook Photo
- Amid Concern About India's Lost Clout, Singh Goes to Washington
- Toilets
- The Fall of Greg Craig, Obama's Top Lawyer
- Will Private Equity Be the Next Meltdown?
- Why Exercise Won't Make You Thin
- The Political Fallout of Egypt's Soccer War
- Can the A380 Bring the Party Back to the Skies?
- The Growing Backlash Against Overparenting
- Will Private Equity Be the Next Meltdown?
- Prehistoric Super-Crocodiles May Have Dined on Dinosaurs
- Toilets
- Why Exercise Won't Make You Thin
- Can the A380 Bring the Party Back to the Skies?
- Troubling Rise of Facebook's Top Game Company
- The Fall of Greg Craig, Obama's Top Lawyer
- Female Sexual Dysfunction: Myth or Malady?
- How One Army Town Copes With Post- Traumatic Stress






RSS