Once a corporation has selected a new chief in the privacy of its boardrooms, any earlier disagreements are usually muffled in a routinely unanimous public announcement. But when the Great Atlantic & Pacific Tea Co. last week announced a successor to Chairman-President Ralph W. Burger, who resigned as president because of age, the reaction in public of A. & P.'s board was neither unanimous nor routine. Burger proposed that Vice President and Treasurer John D. Ehrgott succeed him. All 14 inside directors, officers of A. & P. or its operating divisions, voted yes. Surprisingly, six outside directors* elected...
Management: Revolt Against Age
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