¶ Last February Moto Meter Gauge & Equipment Corp. (instrument boards, auto gadgets) was gobbled up by its Toledo neighbor Electric Auto-Lite, presumably to edge into Moto Meter's lucrative business with Walter P. Chrysler. Last week Moto Meter's brusque, efficient President Royce G. Martin was made head of Auto-Lite, succeeding Clement O. Miniger, ignition tycoon, onetime drug salesman, who became board chairman.
¶ Many a corporate chief executive is annoyed by too many vice presidents—but not President Seton Porter of National Distillers. Indeed,...
To continue reading:
or
Log-In
