When the president of a $10,000,000 concern resigns it is usually for one of these reasons: 1) he is old, stockholders demand younger blood; 2) he is inefficient, stockholders demand bigger returns; 3) he is dishonest, stockholders demand integrity; 4) he is unwanted, there has been a merger. But when Fred W. Ramsey, president of the Cleveland Metal Products Co. resigned six years ago he was neither 1) old, his age was 42; 2) inefficient, he had helped his concern to succeed; 3) dishonest, nor 4) unwanted. Having succeeded in business, during a...
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