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Frank StantonFrank Stanton
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Session:         Page of 755

END TAPE ONE, SIDE TWO. BEGIN TAPE TWO, SIDE ONE.

Q:

Okay.

Stanton:

The senior officers of CBS and some of the major department heads gave a reception for Paley when he returned early September of '45, I guess.

Q:

And Paul Kesten at that point had been running the company while he was away?

Stanton:

All the time. There were four of us who ran the company while Paley was in Europe, or while Paley was in the military. Kesten was Executive Vice President. I don't believe he even had the title of Acting President. But no problem -- he was the number one person. There was a man by the name of Joe [Joseph] Ream -- R.e.a.m. --who was the general counsel, but a general executive had several operating departments reporting to him. He was a key person. The chief financial officer and treasurer and also had the record company reporting to him -- his name was Frank W. White. And I was the third, or I was the fourth, because there were three general executives and Paul Kesten running the country.

We each had our own areas of responsibility. Kesten kept close to sales. Kesten was close to everything that was going on through us. His health wasn't the greatest. The four of us had lunch at least once a week, and would share what any one of us was up to, because we were losing people right and left to the military at that time. I was working three days a week in Washington so that I couldn't participate full-time at CBS. And White as I say, he was





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