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Newspaper
La Crosse Tribune
Location
La Crosse, Wisconsin, United States of America
Date
May 15, 1963
Page
15
Gen Lauris Norstad, former NATO commander, has moved into business as president of Owens-Corning Fiberglas International. He notes a busy desk and a shift from military to corporate leadership in a New York office on Fifth Avenue.
Retired generals including MacArthur Nimitz McAuliffe Clay and Bradley are cited as examples of successful business leaders in industry. They argue military experience trains budgeting assessing choices and tackling unfamiliar projects. McAuliffe notes the military is big business and cites his role at American Cyanamid after running a European post exchange.
In Damascus the Baath Socialist government vows a hard crackdown if pro-Nasser rioting resumes after reshuffles. Syria and Iraq formed new Baath-led cabinets, sidelining Nasserites. Riyal power centers in both nations remain Baath-dominated amid debates over a planned United Arab Republic with Egypt.
In Europe and the United States, retired generals and admirals join corporate boards and executive teams. The piece notes crossovers at Sperry Rand, Bulova, Arthur D. Little, Pfizer, and Navy and Army veterans as directors. It argues military and corporate organizations share structure but differ in decision finality.
The United States and Britain announce a 95 million AUTEC submarine test center in the Bahamas. Britain will pay 420000 dollars yearly for 20 years and gain use and research benefits. The site lies off Andros Island east of Miami, in deep water with minimal traffic.
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