Walker, then president and chairman of the board of American Tobacco and presently board chairman and chief executive officer of American Brands, delivered, before a meeting of merchandisers called the Fourteenth Annual Marketing Conference, an oration entitled What the Chief Executive Expects from His Top Marketing Man, in which he told his audience: And now American Tobacco is part of American Brands, and the company, with Walker still at the dual controls, is deep in the fruit-juice business as well as the tobacco business, and is planning to enter the soap and hand-lotion business
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