TO ATTRACTIVE TO PASS UP - INDUSTRY LURED CIA BOSS

Document Type: 
Collection: 
Document Number (FOIA) /ESDN (CREST): 
CIA-RDP75-00001R000100130024-7
Release Decision: 
RIPPUB
Original Classification: 
K
Document Page Count: 
1
Document Creation Date: 
November 16, 2016
Document Release Date: 
October 2, 1998
Sequence Number: 
24
Case Number: 
Publication Date: 
June 24, 1966
Content Type: 
NSPR
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PDF icon CIA-RDP75-00001R000100130024-7.pdf100.15 KB
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FOIAb3 Approved For Release 2000/05/05 : CIA-RDP75-00001 THE LEDGER-STAR, Norfolk, Va. Friday, June 24, 1966 CPYRGHT Too Attractive To Pass Up CPYRGHT CPYRGHT Fe A e4 The Ledger-Star, Friday,. June 24, 1966 By JIM STIFF 1.7 FOLIC ? W*11..t1i Y. Ra- born Jr., who resigned last Sat- urday as director of the Central Intelligence Agency, said he left the agency because "the lure of industry" was too attractive to. pass up. The retired vice admiraal, ad- dressing the "39th graduation class of officers at the Armed Forces Staff College, did not say which industry he would be join- ing. Before his appointment as di- rector of the CIA 14 months ago,' Reborn was a vice president in charge of management for the Aerojet-General Corp., a subsidi- ary of General Tire and Rubber Co., in El Monte, Calif. Raborn has announced that fie plans to return to California. . Raborn's 'announced intention CPYRGHT RABORN tu return to industry- came at the beginning of his talk at' the, Staff college when he departed from his text. He was greeted by 'thunderous biPplamp AO-thci.- approval 111?t:d1IS Raborn Is Facluating class. "By the warm applause," Ra-' horn said with a smile, "I can ee Fve been in the 'wrong place' The last ,14 months. You hardly et \ any of these up in Washing.. Son." Raborn added that he did ot know he would be ending his career with the CIA "so soon." "'The lure of industry was such hat I couldn't pass it up. I went -,ere with the thought I could go when I wanted to." ? The announcement of Ra-. torn's resignation was made list Saturday at a press confer- ence by' President Johnson, who sandwiched it between a couple jroutine announcements. The President 'named Richard I- elms,' deputy director of CIA, to succeed Raborn. Helms' tiom. intim is still awaiting Senate 11111111111111111111111111111111111111linii technically still the director. ? , Raborn said the .fact he is - leaving the government ? service does not affect the high esteem 'he holds for President Johnson. "I am proud to have gone out and campaigned for him and to ' have voted for Wm." ? ? As to the status of the CIA as he leaves it, Reborn said it is. "now in a present state of excel-. lence." - "1 .doubt there's any. depart- ment or agency in the world 'that can match it," he added. He said the agency is now en- gaged in a long-range planning' scheme 'which will encompass IS years. He pointed out that plan- ning, ahead is an important lune- .tion that not enough people are aware of. OMMWIPMMMMMMMMMMWIMMMilIMMOIMMMMMIMMMWMOIMMWOOMMWMMiliMWMMMMWMWMWW""!IMM.0111i Approved For Release 2000/05/05 : CIA-RDP75-00001R000100130024-7