In the upper reaches of U.S. business last week, it seemed to be moving day. All told, seven major corporations named new senior executives. Most drastic shift was the appointment of Robert E. Brooker, 56, as president of Montgomery Ward—a company whose top executives have been more mobile than most. In 24 years Ward has run through eight presidents; the last, Paul M. Hammaker, went out only four months ago amid stockholder yelps over poor earnings.
Brooker may prove just what Ward needs. At least, he was trained in the right place: Sears,...
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