WHEN R. Lee Waterman joined the Corning Glass Works nine years ago as general manager of the consumer-products division, it hardly seemed a promising post. Consumer products were only a small sideline in a company that concentrated on industrial and scientific products, and the top managerial posts were usually occupied by members of the Houghton family, which founded and still controls the company. But Waterman made Corning Ware a household word by developing kitchen products and selling them aggressively. Last week, at 57, he was rewarded for the transformation: he was elected...
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