Western Europe: A Rare Kind of Import

American businessmen are somewhat less than welcome in many parts of Europe these days, chiefly because research-minded U.S. companies are proving such formidable competition that they are eating away at the markets of many European firms. Last week, nonetheless, Europe's biggest industrial company put talented performance before touchy national pride and tapped for its inner circle of top command an American whose career is built on research. The man: Monroe E. Spaght (pronounced spate), president and chief executive of Shell Oil Co., who was picked as a managing director of Shell's huge European parent, Royal Dutch/Shell.

A Useful Talent. Spaght,...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!