Title and Description Page
Family Background and Early Education 1
Depression years in large family. High school career as class president and valedictorian. Decision to go to Princeton. Outbreak of World War II.
World War II 3
Fighter pilot with U.S. Army Air Force in Europe. Parachute made into bridal gown for wife-to-be.
Completion of Education; Early Career 6
Simultaneous pursuit of B.A. at Princeton University and MBA at Harvard University Business School. Decision to work with Rohm and Haas Company. First job in plant accounting supervisors group. Mr. Otto Haas' dominance of Rohm and Haas and designation of successor, F. Otto Haas.
Career in Europe 9
Transfer to France to build first Rohm and Haas plant in Europe. Managing European operations through branch in England. Promotion to directorship of European operations: growth from one to thirty percent of company's business. Market for Rohm and Haas products. Relationship with U.S. management. Competition with other U.S. firms. Joint product development work with Maag Company in Switzerland. Promotion to operations head of Latin America and the Pacific.
Rohm and Haas Presidency 19
Selection as next president and CEO by F. Otto Haas. Decision to downsize company by ten percent and bring in outside directors. Discovery of bis-chloromethyl ether's carcinogenic qualities: overall plant shutdown. Oil crisis and effect on fiber business. Decision to discard ANIM-8. Ralph Nader and TOSCA (Toxic Substance Control Act). Adoption of market share-market growth approach, matrix management system, team management, Return On Net Assets program (RONA), and phased innovation. Introduction of president-Chief Operating Officer position. Development of Vacor and Blazer. Product line focus on polymers, plastics, and agricultural chemicals. Partial acquisitions of Borg-Warner and ion exchange from Diamond Shamrock.
Views of Business Leadership 35
CEO's role in developing R&D. Development of teamwork. Enactment of Superfund with Irving S. Shapiro. Public relations development. Relationship with Haas family.
Changes in the Chemical Industry 45
Industry trends toward diversification, consolidation, and MBA leadership of chemical companies. Future of innovation in chemical industry. Significance of winning Chemical Industry Award. Involvement with Chemical Industry Institute of Toxicology (CIIT) and Center for Cancer Prevention at Harvard University.