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Abstract:
Don S. Holt was reelected president of Cannon Mills and named Chairman of the Board, following the death of Charles A. Cannon in April 1971. He is only the third leader of the company in its eighty-four-year history and the first who does not bear the Cannon name. Cannon Mills is the world's largest manufacturer of household textiles. Holt is featured in this month's WE THE PEOPLE MAGAZINE'S North Carolina Businessman in the News.