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Continuity Still Rules At Summa After Hughes Death
Howard Hughes is dead six months but his influence remains at Summa Corp. Arelo Sederberg says the 1972 management team keeps day to day control as William Lummis becomes chairman and custodian of Summa stock. Taxes and probate could force asset sales while new plans emerge for diverse holdings including hotel casinos a helicopter firm an airline and more.
MENTIONED IN THIS ARTICLE
Carson City
Nev
Howard Hughes
Summa Corp
Summa
Hughes
Arelo Sederberg
Texas
William Lummis
Lummis
Summa Managers
Hughes’ Estate
Sederberg
IRS
Hughes’ Heirs
Nevada
California