Executives: The Corporate Marine

At 46, Alleghany Corp. President Charles Thomas Ireland Jr. is a veteran of more corporate combat than most businessmen could expect to see, or survive, in a lifetime. In 17 years with the huge holding company, which controls railroad, mutual funds, real estate and other interests worth more than $7 billion, Ireland has been a top tactician, first for the late Robert Young, more recently for Financier Allan P. Kirby, in seemingly endless court squabbles with stockholders, in bitter battles for the control of railroads (the New...

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