Crane Co. Names Evans Chairman, Top Officer As President Resigns
Changes Disclosed by Board After Annual Meeting; New Stress on Marketing Expected
By By a WALL STREET JOURNAL Staff Reporter,
The Wall Street Journal,
Apr 29, 1959
CHICAGO--Thomas M. Evans, 48-yearPittsburgh industrialist, was named chairman and chief executive officer of Crane Co. and Neele E. Stearns, president for the past two years, resigned in a major management shakeup of the plumbingware maker.
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