MANAGING-VALUE A PERSPECTIVE

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BROOKS McCORMICK

Abstract

Apair of major decisions announced by International Harvester in 1975 are particularly noteworthy because they involve the end of our tenure in two businesses in which we have been engaged for well over half a century. In moving out of a major part of the light-truck business, we ended a 68-year activity. And when the sale of our Wisconsin Steel Division is consummated, an IH activity of nearly 75 years will have been terminated.

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Author Biography

BROOKS McCORMICK, Universidad Yal, New Haven, Connecticut, Estados Unidos

is president and chief executive officer of International Harvester Company. With International Harvester since his graduation from Yale University in 1940, Mr. McCormick was named director of manufacturing in 1954, executive vice-president in 1957, president and chief operating officer in 1968, and chief executive officer in 1971.

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