Feature

Third Century Fund Leaders ...

OCTOBER 1967
Feature
Third Century Fund Leaders ...
OCTOBER 1967

Elected a Life Trustee of the College in June, as successor to Harvey P. Hood '18, Mr. Thompson takes on the top leadership of the Third Century Fund after other major services to the College and the Class of 1928.

He is one of the outstanding figures in American industry, as board chairman and chief executive officer of Textron, Inc., a diversified manufacturing corporation with annual sales of more than $1 billion by 28 separate divisions. Mr. Thompson, a Tuck graduate, began his career in banking, and was president of the Providence (R. I.) National Bank and executive vice president of Industrial National Bank of Providence before joining Textron in 1956 as vice chairman of the executive committee. He became president in 1957 and chairman in 1960. Transformation of the company from a textile firm to a giant corporation embracing dozens of products from helicopters to eyeglasses has been achieved under his dynamic leadership.

Mr. Thompson is a trustee of the National Industrial Conference Board and a director of the National Association of Manufacturers. He is a director of Sperry Rand, General Telephone and Electronics, and other companies, and is active in civic and charitable affairs in Providence.

Mr. Thompson, who has been treasurer and president of the Class of 1928, has served on the Board of Overseers of Tuck School for the past six years. He was elected to the Alumni Council in 1963 and served as Alumni Fund chairman for 1965 and 1966, two years in which the Fund raised a record total of $3.8 million. Chairmanship of the $51-million Third Century Fund is one of the largest responsibilities ever given a Dartmouth man.

The man who headed the successful effort to give the Third Century Fund a challenging start, with a Trustees nucleus fund of over $5 million, was described by President Dickey as "a major servant of the College for the past quarter century when he retired last June as senior member of the Dartmouth Board of Trustees.

Mr. Hood is board chairman of H. P. Hood & Sons of Boston, New England's largest dairy products firm. Editor of The Dartmouth, president of Palaeopitus, winner of the Barrett Cup, he demonstrated his qualities at an early age. After Navy service and Harvard Business School, he joined the Hood company and was elected treasurer in 1922. He became president in 1936 and chairman in 1962.

In the long list of services to Dartmouth, Mr. Hood has been president of the Boston Alumni Association, Alumni Council member, chairman of the Alumni Fund, first chairman of the Board of Overseers of Tuck School, and Trustee of the College for 25 years. In addition to heading the executive committee, he also served on the Trustee committees on investments and physical plant development.

Mr. Hood was the first chairman of the Trustees Planning Committee, established in 1954 to review every facet of the College as it approached the Bicentennial. On many fronts the developments recommended by TPC have been carried out, and others are in the process of being realized. Most recently Mr. Hood has been chairman of the Bicentennial Executive Committee, responsible for overall planning for the observance of Dartmouth's 200th anniversary; and upon retirement in June he was named honorary chairman of the Dartmouth Bicentennial.

As president and chief executive officer of Scott Paper Company, with headquarters in Philadelphia, Mr. Dunning heads one of the country's top-ranking companies. He joined the firm 32 years ago as a salesman, after answering a "blind ad" in the Philadelphia Inquirer and then selling himself to the marketing vice president. Since then Scott has grown from a one-plant company making paper towels and bathroom tissue (the phrase the company prefers) to an international operation with 21 U. S. plants and affiliates in 13 foreign countries.

After various assignments in sales and plant management, Mr. Dunning became manager of paper mills, then general operating manager, and in 1951 vice president for production. His steady rise continued with election as director in 1955, vice president for retail marketing in 1957, executive vice president in 1960, and president of the company in 1962. Last year he was named chief executive officer as well as president. He is director of the National Biscuit Company and Bell Telephone Company of Pennsylvania and a member of the Committee for Economic Development, and has also been active with the National Industrial Conference Board and the Greater Philadelphia Movement.

Tuck School has been one of Mr. Dunning's principal Dartmouth interests. He has served on the Board of Overseers, lectures there frequently, and was a member of the TPC subcommittee which made a study of the School. He served as vice president of Dartmouth's General Alumni Association in 1964-65, and is now chairman of the Association's executive committee, in which capacity he is an ex-officio member of the Dartmouth Alumni Council.

To write of "Bus" Mosbacher in other than yachting terms is not customary, especially after his successful defense of the America's Cup as skipper of the Weatherly in 1962 and his even more authoritative demonstration of sailing genius last month when he again won the America's Cup series for this country as skipper of Intrepid. But he does have a dry-land career in New York, and that is also highly successful in the fields of real estate, oil, and natural gas. The firm, Emil Mosbacher Jr., 515 Madison Avenue, is a continuation of the investment business founded by his father.

Mr. Mosbacher is a director of the Lily-Tulip Cup Corporation, a trustee of the Dollar Savings Bank, and a' trustee of Lenox Hill Hospital, on whose conference and building committees he has served.

After winning junior sailing honors galore on Long Island Sound and leading Dartmouth's Corinthian Yacht Club to intercollegiate victories as an undergraduate skipper, he served in the Navy from 1943 to 1946, one year on a minesweeper in the Pacific, and reached the rank of lieutenant. He did not return to sailing immediately after the war, but from 1950 on he won the International Class championship for eight years in a row and then established the reputation of being in a class by himself as a helmsman.

In Dartmouth affairs, Mr. Mosbacher was president of the Class of 1943 for five years (1959-64) and in 1962 he was elected to the Alumni Council, representing the Class Presidents Association. He has served on the Board of Overseers of the Hanover Inn and as a committee member for the 1960 Dartmouth Medical School campaign. Dartmouth conferred the honorary Master of Arts degree upon him in 1963.

A Trustee of the College since 1961, Mr. Oelman is now serving a second term on the Board until 1971. As chairman of the corporations committee he is a member of the Third Century Fund's executive committee and he also is serving on the Bicentennial executive committee.

Mr. Oelman is board chairman and chief executive officer of the National Cash Register Company in Dayton, Ohio. He joined that company in 1933, after studying economics and international law at the University of Vienna, and rose up the executive ladder as assistant to the president in 1942, vice president in 1946, executive vice president in 1950, and president in 1957. He was named chief executive officer as well in 1961 and retained that responsibility upon becoming chairman three years ago. His work has required world-wide travel and he is one of the most internationally minded of America's business leaders.

Mr. Oelman, who was a Senior Fellow and summa cumlaude graduate at Dartmouth, is a past president of the Alumni Council and of the Dartmouth Alumni Association of Dayton. In 1957 he was honorary vice-chairman of Dartmouth's Convocation on Great Issues in the Anglo-CanadianAmerican Community.

Among many cultural, civic, and educational interests, he has played violin in the Dayton Symphony Orchestra, been president of the University of Dayton's board of lay trustees, president of his local board of education, president of the Red Cross, and a national director of United Community Funds and Councils of America. He holds honorary degrees from University of Dayton, Miami University (Ohio), and Wilmington College. Among his directorships are those with Koppers Company, Bell Telephone of Ohio, Procter and Gamble, and First National City Bank of New York.

Professor Kemeny has recently taken on the responsibilities of Coordinator of Educational Plans and Development in addition to being Professor of Mathematics at Dartmouth. He has had close relations with foundations and other private and government agencies in developing new mathematics programs both at the College and widely in the fields of secondary and university education.

Professor Kemeny came to Dartmouth in 1954 as full professor at the age of 28 after making a brilliant reputation as research assistant to Albert Einstein at the Institute for Advanced Study at Princeton and as Fine Instructor in Mathematics and Assistant Professor of Philosophy at Princeton University. He undertook far-reaching changes in Dartmouth's mathematics curriculum and was the key man in developing the department into one of the most distinguished in the country. Honors course for gifted students and a Ph.D. program were two of the innovations.

During World War 11, Professor Kemeny served as a mathematician for the government's Los Alamos atomic bomb project. He is the author or co-author of a dozen books, among which are Introduction to Finite Mathematics (1957), A Philosopher Looks at Science (1959), Mathematical Models in the Social Sciences (1962), Random Essays (1964), and Denumerable Markov Chains (1966). He is a member of the National Research Council and has held both regional and national offices in the Mathematical Association of America.

More recently Professor Kemeny has had a leading role in developing Dartmouth's celebrated Computation Center and time-sharing system making the computer part of the education of nearly all Dartmouth students.

RUPERT C. THOMPSON JR. '28 Chairman, National Executive Committee

HARVEY P. HOOD '18 Chairman, Trustees Nucleus Fund

HARRISON F. DUNNING '30 Chairman, Major Gifts Committee

EMIL MOSBACHER JR. '43 Chairman, National Alumni Committee

ROBERT S. OELMAN '31 Chairman, Corporations Committee

PROF. JOHN G. KEMENY '56h Chairman, Foundations Committee