Luke Family’s Reign Is Extended at Westvaco

Selected Excerpts

  • The Luke family has run the Westvaco Corporation since the large paper and specialty chemicals company was founded in 1888.
  • And yesterday the New York-based company continued that tradition by announcing that it had named John A. Luke Jr., executive vice president, to be the company’s president and chief executive.
  • Mr. Luke, the great-great-grandson of the company’s founder, will assume his duties Nov. 1. The 43-year-old Mr. Luke will replace his father, John A. Luke, who turned 65 last November. The board had asked the elder Mr. Luke to stay through this year; his brother, David L. Luke 3d, will remain as chairman.

Source: The New York Times