Summary
Thomas Gilmore Pownall, former chairman and chief executive officer of Martin Marietta Corp., died June 24 at ManorCare in Potomac. He was 83.
Mr. Pownall gained corporate celebrity in 1982 for his leadership during Martin Marietta's successful defense of an unfriendly takeover attempt. He and his board of directors repelled the attack of Bendix Corp. in a 33-day fight that made corporate business history.See the full content of this document
Extract
Thomas G. Pownall, 83, Martin Marietta Ceo
Martin Marietta survived, and Mr. Pownall was credited with the rapid eradication of the company's debt and reshaping of the conglomerate into the defense and aerospace firm that...
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