Management
Principal Corporate Governance of the Illinois Watch Company: 1. Jacob Bunn (1814–1897): President, reorganizer, Director, Chairman. 2. John Whitfield Bunn (1831–1920): Vice-President, Director. 3. Charles Smorowski: Secretary of the corporation. 4. Jacob Bunn, Jr. (1864–1926): Vice-President, President, Director, Chairman. 5. Henry Bunn: Vice President, President, Director, Chairman. 6. Benjamin Hamilton Feguson: Director, Vice-Chairman, Chairman. 7. Frederic W. Morgan: General Cashier, Credit Manager. 8. Julius Armbruster: General Salesman.
The passing of Jacob Bunn, Jr. threw Illinois Watch into disarray. In 1928, for a sum in excess of $5,000,000.00, the Illinois Watch Company was purchased by the Hamilton Watch Company of Lancaster, Pennsylvania, which continued to operate the factory under the Illinois name and shifted the emphasis from pocket to wrist watch production. By 1932, the Great Depression forced Hamilton to close the Illinois factory, though they retained possession of the brand name.
Read more about this topic: Illinois Watch Company
Famous quotes containing the word management:
“This we take it is the grand characteristic of our age. By our skill in Mechanism, it has come to pass, that in the management of external things we excel all other ages; while in whatever respects the pure moral nature, in true dignity of soul and character, we are perhaps inferior to most civilised ages.”
—Thomas Carlyle (1795–1881)
“The management of fertility is one of the most important functions of adulthood.”
—Germaine Greer (b. 1939)
“Why not draft executive and management brains to prepare and produce the equipment the $21-a-month draftee must use and forget this dollar-a-year tommyrot? Would we send an army into the field under a dollar-a-year General who had to be home Mondays, Wednesdays and Fridays?”
—Lyndon Baines Johnson (1908–1973)