January 3, 2001
* Black & Decker Corp., for the first time in its 90 years, is without a Decker. Former Chairman and Chief Executive Alonzo G. Decker Jr., son of the co-founder and a director for 60 years, retired, the company said. Decker, who turns 93 on Jan. 18, started working at the world's biggest power-tool maker at 14. He started his full-time job in 1930 after earning an electrical-engineering degree from Cornell University.
February 21, 1989
William E. Butler, 57, has been named president and chief operating officer of Eaton Corp., Cleveland, following the resignation of Vice Chairman Alfred M. Rankin. Butler has been president of Eaton's automotive components group since 1979. Rankin quit to become president and chief operating officer of Nacco Industries Inc.
August 28, 2007 |
Nacco Industries Inc. won't pursue a spinoff of its Hamilton Beach/Proctor-Silex unit because of volatility and uncertainty in the capital markets. Hamilton Beach, a maker of toasters and coffee makers, will remain an operating subsidiary, Cleveland-based Nacco said.
December 2, 2006 |
In the 14 years since he left government, former CIA director Robert M. Gates has jetted cross-country to advise 10 different companies, assessing issues as varied as Saudi oil drilling, mutual fund performance and restaurant sales at Romano's Macaroni Grill. "I first sought him out because I considered him to be of exceptional good judgment and intelligence," said Rodney B. Mitchell, president of the Mitchell Group, a Houston investment firm that used Gates as a senior advisor.