Articles in regional publications that pertain to a wide range of North Carolina-related topics.
for Cone, Edward
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David Stonecipher has succeeded Roger Soles as CEO of Jefferson-Pilot Corp., North Carolina's largest insurer. Stonecipher has ambitious plans to grow earnings per share by ten percent a year and to double sales in three or four years.
Biltmore Estate in Asheville celebrates its centennial in 1995. George Vanderbilt's grandson, William Cecil, after turning the estate into a tourist attraction, now has a growth strategy to increase yearly revenues from $35 million to $100 million.
The Kier brothers operate Lida Inc., a Charlotte-based maker of polyester stretch fabrics that employs about 600 people in Mecklenburg and Gaston counties. The brothers chose to take their business public, which allowed them to reap a twenty million dollar payout but caused stock shares to lose half their value.
Jim Johnston, chairman of R.J. Reynolds Tobacco Company, is one spokesman for the tobacco industry who uses a conciliatory approach when dealing with tobacco critics.