Article

Tuck School

OCTOBER 1966 JOHN ALLBEE T'61
Article
Tuck School
OCTOBER 1966 JOHN ALLBEE T'61

As this issue of the Magazine goes to press, we regret to report the sudden death of Herluf V. Olsen '22, former Dean of Tuck School and Professor of Managerial Economics and Finance Emeritus. Additional comments regarding this tragic event will appear in the November issue.

As the new Admissions Officer, it will be my pleasant duty to write this article monthly and try to keep you all up-to-date on the activities of our faculty and alumni. As you may know, Bill Barnet, my predecessor, has heeded the loud, clear voice of Uncle Sam and is now a 2nd Lieutenant in the Army. I am enthused about returning to Hanover but there are, of course, the typical problems of getting resettled. For example, if anyone would like a good house in Moorestown, New Jersey. . . .

The Dartmouth Trustees have elected two new Overseers of Tuck School and reelected four others. The new Overseers are Alexander Calder Jr. '38 of Upper Montclair, N. J., and Bradford Smith Jr. '25 of Bryn Mawr, Pa. Reelected for second terms were John K. Benson T'32 of Needham, Mass., Frank S. Capon of Montreal, Earl C. Daum T'25 of New York City, and John B. Dodd '22 of Hampton, N. J. All six men will serve three year terms.

Dean Hennessey has been traveling extensively, doing research on his three-year curriculum study. He is now starting the last year of this research and the final results should prove to be invaluable to the School.

Mr. Morrissey will teach at I.M.E.D.E. in Lausanne, Switzerland, and Mr. Mayer will be with A.G.B. Research, Limited in Middlesex, England, during 1966-67. Mr. Elbing participated in a program in Sweden entitled "Meet Modern Sweden" sponsored partially by the Swedish Government during September.

Mr. Davis conducted a Conference for Marketing Executives in the Pharmaceutical Industry at the Tuck School from July 24-30. Dean Hennessey, Messrs. Mayer andWebster also participated in this program. Mr. Webster attended the Conference on Application of the Sciences in Marketing at Purdue University in July. Mr. Guest conducted a seminar on "A Climate for Organizational Change" at the University of Michigan during the first part of August.

Mr. Quinn has been quite active this summer. On June 17, Bill Barnet T'65 read a paper by Mr. Quinn entitled Comparison of U.S. and European Research Development Practices before the directors of Industrial Research at the Century Club in New York City. On July 26, Mr. Quinn gave a talk before the Engineering Research Foundation Conference on "The Social Implications of Technological Change." His article, "Technological Competition: U.S. vs. Europe," appeared in the July-August issue of the Harvard Business Review.

Mr. Bower presented a paper, Cost of Capital-Concepts and Principles of Measurement, at the American Conference of the National Association of Accountants in June. Messrs. Nugent, Bower and Williamson gave a presentation entitled "The Computer and Its Uses in Financial Management" at the Vermont-New Hampshire School of Banking in Hanover during September.

Albert W. Frey T'21, former Tuck professor and noted authority on advertising, has recently been named Dean of the Graduate School of Business at the University of Pittsburgh.

Richard Brierley T'37, a director and executive vice president of the Drackett Company in Cincinnati, was elected to succeed Mr. Schjeldahl as chairman. The Hartford Electric Light Company has appointed John Hopkinson T'41 to the position of director of administrative services. LaneDwinell T'29 of Lebanon is now an active candidate for the Republican nomination for U.S. Senate. Lawrence Kugelman T'25 has been elected president of the American Pulpwood Association. John Moxon T'30, president and director of Carpenter Steel of New England, Inc. in Bridgeport, Conn., a director of American Bank and Trust Company of Pennsylvania, and Textile Machine Works, and a director of the American Iron and Steel Institute, has recently been awarded an honorary degree of Doctor of Laws by Albright College. MaxwellField T'34 has been appointed executive vice president of the National Footwear Manufacturing Association and will also serve as executive vice president of the New England Shoe and Leather Association. James Hamilton T'23 has announced his retirement from the Minneapolis firm which he founded, James A. Hamilton Associates, hospital consultants.

Howard Schneider T'46 has been appointed a director of the Depositors Trust Company in Augusta, Maine. Charles BrownT'42, vice president of United States Machinery Corporation in North Billerica, Mass., is now a candidate for the office of selectman in the town of Carlisle. RichardBowser T'48 has been elected president of the Boston Security Analysts Society. He is also a vice president of the State Street Investment Corporation. Four divisional vice presidents were named in the reorganization of the International Paper Company's marketing division. Among them are two Tuck graduates. They are Russell ChaseT'47, fine papers division, and Lloyd KrummT'50 in packaging materials. Gil ShattuckT'50 of Woodbridge, Conn., has been named assistant comptroller for Warner Slimwear-Lingerie, a division of the Warner Brothers Company. Don MacLeod T'53 was recently promoted to vice president and now heads the national retail sales for the Lee Higginson Corporation Investment House.

Bob Lambert T'54 has been appointed head of the personal checking account division of the Northern Trust Company Bank of Chicago. Dick Perkins T'58 of Stow, Mass., has been named to the newly created position of product manager for sealants and adhesives by the construction material division of W. R. Grace & Company's Dewey and Almy Chemical Division, Cambridge, Mass. Jim Graham T'61 has just been named personnel director for the Paul Revere Life Insurance Company in Worcester, Mass. Marsh Belding T'50, a chartered life underwriter in Grand Rapids and an associate of the Kenneth A. Mouw General Agency of National Life Insurance of Vermont, was one of twelve selected company representatives at a one-week seminar on insured employee benefit plans at the firm's home office in Montpelier. Hugh FergusonT'54 has been elected vice president and director in charge of the Boston office of Stone & Webster's Security Corporation. Dan Donovan T'44 has recently been elected a vice president for Government Securities by the First Boston Corporation.