¶Thomas J. Watson Jr., 42, was elected chief executive officer of International Business Machines Corp., taking over from his 82-year-old father, IBM Founder Thomas J. Watson Sr., who remains as board chairman. Young Tom Watson, "Mr. THINK Jr." (TIME, March 28,1955), will continue as IBM president. A supersalesman who is fond of saying that he takes "real pride in being a great man's son." Tom Jr. has been with IBM since he graduated from Brown University in 1937. As chief executive officer, Tom Jr. will officially become top boss, although unofficially he...
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