Foote, Cone & Belding Communications, Inc.

his son] had made it clear that he did not wish to succeed his father in the business, and would not return to advertising after the war. Moreover, Albert Lasker had made more money in advertising than any other man in history. He liquidated his stock for $10 million and handed the agency over to Emerson Foote, Fairfax Cone and Don Belding. They raised $100,000 to get the operation under way. The billings at the time were in the neighborhood of $22.5 million. On the 30th of December 1942, Lord and Thomas was dissolved. Lasker was Lord and Thomas, if he went, so did the name. On Monday, the 4th of January 1943, the offices opened up with the same employees and the same clients but with a different name: FOOTE, CONE & BELDING. Related Collections