Thomas Mellon Evans had a reputation as a tough bossbut hardly anyone realized quite how tough. When he took over Chicago's 104-year-old Crane Co., the nation's largest maker of valves, pipes and pipe fittings, last spring (TIME, May 11), employees braced for a shakeup. They were hardly prepared for what followed. Last week Crane announced the resignation of Norman F. Garrett, the fourth of its six vice presidents to go in three months. Five directors have resigned since Evans took over as board chairman, paring the board down to six men. Burly, rough-talking...
To continue reading:
or
Log-In
