Long Expected Action Officially Announcd, [sic] but Will Not Go Into Effect
Until June 30 Next
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London, Dec. 31---The long expected resignation of J. Bruce Ismay from his
place as chairman and managing director of the White Star Line was announced
tonight. It will take effect on June 30. Harold A. Sanderson, first
vice-president of the International Mercantile Marine Company and a director
of the White Star Line, will succeed Mr. Ismay.
A statement by the company says that it was arranged last February that Mr.
Ismay should retire on June 30, 1913, and that nothing had occurred to make
it necessary to depart from that understanding. The statement added that
the company had decided that Mr. Sanderson might take a vacation during the
first half of the year.
Although Mr. Ismay resigns as chairman of the White Star, he continues as a
director of the International Mercantile Marine and a member of the British
committee, and retains the chairmanship of the Asiatic Steamship Company and
the Liverpool and London Steamship Protective Association.
Comment and discuss