¶ Modie Joseph Spiegel Jr., 53, moved up from the presidency to the long-vacant (since the death of his father in 1943) job of board chairman of Spiegel, Inc., the nation's No. 3 mail-order and retail house. Spiegel, still the chief executive officer, took over the family business in 1932, when sales were only $7,000,000 and the company was losing money, got it back on a profitable basis the following year and by last year had boosted sales to $134 million. Replacing him as president: Robert S. Engelman, 41, who, like Spiegel, graduated from...
To continue reading:
or
Log-In