Executive View by Marshall Loeb: Looking for Longer Horizons

Executive View

His name is up in lights over the company that he heads, and nobody has held the title of chief of a big U.S. firm longer than he. Since 1945, J. Peter Grace has been boss of W.R. Grace & Co., the $5 billion-a-year conglomerate that was founded by his grandfather. Rather daringly, he has taken it completely out of Latin American shipping, airlines and banking, where it once prospered. He has steered it into chemicals, retailing, energy and restaurants, mostly in the U.S. and Western Europe. He is 66, and he will not slow down or let go....

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