PERSONAL FILE

sbAmong the many skills that Chairman George Maverick Bunker, 53, brought to Martin Co. nine years ago, none was more valuable than his ability to read the times. He saw no future in planemaking, remade Martin into the first aerospace-age missile and electronics company, turned losses into profits. Next his teacup told him that changeable cold-war winds made even Martin's position as the largest missilemaker precarious. So he set out to diversify, this week in one king-sized jump moved Martin into chemicals, cement, paints, furniture polish, powdered metals and adhesives. His method: merging with Chicago's highly diversified American-Marietta Co. (1960 sales: $368 million) to form a $1.2 billion giant to be called Martin-Marietta Corp.

sbA man who believes that if you can't join them, fight them is Richard S. Reynolds Jr., 53, president of the Reynolds Metals Co. To put its product to new uses, Reynolds sold sheet aluminum to U.S. canmakers for their products, but soon found them underselling aluminum cans with new "thin" tin-plate containers. Last week Dick Reynolds touched off a major battle of kick the can, announced that his company is entering the canmaking business to manufacture finished aluminum frozen-juice cans on location in Florida next season at a rate of 30 million a month. Reynolds estimates that packers in three Florida counties alone will save $897,000 in freight charges each year by using aluminum cans.

sbIn his new post as managing director of Britain's Monsanto Chemicals, Ltd., handsome, hard-working John C. Garrels Jr., 47, found himself the only Yank executive among 4,000 employees--and a pretty obvious one. After nine months spent boning up on Monsanto's British subsidiary, Garrels arrives in his paneled London office at a tradition-shattering 9 a.m. (at least an hour before most Britons), keeps his office door ajar (to "see who goes to the bathroom"), first-names his protocol-conscious associates. One of Garrels' big problems will be matching last year's record turnover of $60 million in the face of government belt tightening. Garrels feels that the British economy "lacks fat." Says he: "Whenever it gets rolling, the government steps in to control it. It's just like pushing a pendulum at the wrong time."

This file is automatically generated by a robot program, so reader's discretion is required.