In 1954 the brash Patrick B. McGinnis led a proxy fight against incumbent president Frederic C. "Buck" Dumaine Jr., vowing to return more of the company's profit to shareholders. McGinnis won control of the railroad and appointed Arthur V. McGowan, a longtime acquaintance, Vice President. McGinnis attempted to accomplish many of his financial goals by deferring all but the most essential maintenance. McGinnis also spent lavishly on a new visual identity for the company: green and gold trim was replaced by black, red-orange and white, accompanied by a stylized “NH” emblem. McGinnis and McGowan had Chrysler Imperial automobiles custom made so that they could travel along the railroad's tracks to their country estates in Litchfield County, Connecticut. When McGinnis departed 22 months later he left the company financially wrecked, a situation exacerbated by hurricane damage in 1955.