Monday, May. 10, 1954
Changes of the Week
P: Thomas E. Millsop, 55, who entered the steel business at 14 as a 10 -c-an-hour, open-hearth laborer, was elected president of National Steel Corp., fifth largest U.S. producer of steel. Millsop left the mills before he was 19 to become a Marine pilot during World War I. After his discharge, he barnstormed the country as a stunt flyer, returned to the steel business and worked his way up from riveter to production manager at Standard Tank Car Co. He was later hired as a salesman for Weirton Steel Co. (a National subsidiary), climbed steadily until he became Weirton's president in 1936. In 1947 Mill-sop helped incorporate Weirton, W. Va., as a city (pop. 24,000), was elected the first mayor (salary: $1 for the four-year term). Under his administration the city built a hospital and a community center, extended water and sewers, to all residents, improved streets and sidewalks, without going into debt. In 1951 he won a second term without campaigning. A shirt-sleeve executive, Millsop lives in the workingman's neighborhood: his office door is open to any steelworker. He takes over as National's president from crusty, autocratic George R. Fink, 67, who founded Detroit's Great Lakes Steel Corp., now a National subsidiary. Board Chairman Ernest T. Weir, 78, one of National's founders, continues as chief executive officer.
P: Henry S. Wingate, 48, moved up to president of International Nickel Co. of Canada, Ltd. and its U.S. subsidiary, the International Nickel Co., Inc. Wingate was born in Turkey (the son of missionaries), traveled in Europe, and studied law at the University of Michigan. He joined Manhattan's famed Sullivan & Cromwell in 1929, and was assigned to the Inco account in 1930. Five years later Inco hired Wingate, elected him a director in 1942 and a vice president in 1949. He succeeds Dr. Paul D. Merica, who is retiring at 65.
This file is automatically generated by a robot program, so reader's discretion is required.