For the peculiar plight he was in last week, Ralph Evinrude had only one explanation: "The boom was lowered." Evinrude, president of Outboard, Marine & Mfg. Co. (Evinrude, Johnson & Elto motors), had gone to what seemed a routine directors' meeting to elect four new members to the board, increasing it to nine. "That's all I thought we were going to do," he said. But, no sooner were the new members elected with the help of Evinrude's votes, than the board, by a vote of 6-3, fired President Evinrude. Installed in his place was J. G. Rayniak, executive vice...
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