PERSONNEL: Changes of the Week, Jul. 16, 1956

¶ Lieut. General (U.S.A.F., ret.) Elwood R. (“Pete”) Quesada, 52, was named chairman of Los Angeles’ Topp Industries, Inc. (estimated annual sales: $5,000,000), which specializes in research-manufacture of electronic and automated devices for aerial navigation, fire control and missiles. Quesada said: “We will accent reliability of performance—a characteristic woefully lacking in all our military weapons today.” ¶J W. Eric Phillips, 63, became chairman and chief executive officer of Canada’s Massey-Harris-Ferguson Ltd., largest farm-implement maker in the British Empire (1955 world sales: $368 million). He replaced James Stuart Duncan, a company hand for 46 years, who resigned as president and board chairman. The post of president remains vacant. Toronto-born and educated (University of Toronto ’14), Phillips won a colonelcy in the British army in World War I, returned home and went into glass manufacture, did so well that in World War II he headed up the 55-acre, Government-operated Research Enterprises (radar and optical firing equipment). Tall, balding, an unbending pillar of Toronto society, Phillips is already president of two corporations (Duplate Canada, Fiberglas Canada), board chairman of another two (Canadian Pittsburgh Industries, Argus Corp.), chairman of the board of governors, University of Toronto. C| Carlos E. Allen Jr., 51, was appointed $50,000 a year president of the Chicago Federal Reserve Bank, succeeding Clifford Young, who retired earlier this year. His selection ended months of joint search by FRB Chairman William McChesney Martin and the Chicago district for a strong president capable of commanding the respect of affiliated bankers, yet not so independent-minded as to cause the Washington FRB difficulties. Illinois-born and Dartmouth-educated, Allen was president of Campbell, Wyant & Cannon Foundry Co. of Muskegon, Mich, which was acquired by Textron, Inc. this year.

¶ Raymond Edgar Rowland, 53, was elected president of Ralston Purina Co., succeeding Donald Danforth, who remains board chairman and chief executive officer of the world’s largest feed manufacturer (annual sales: $400 million). Born in Illinois, educated at the University of Wisconsin, Rowland is the first nonmember of the Danforth family to head the firm in its 62 years. He joined Ralston as a salesman in 1926, by 1940 was special assistant to the production vice president, three years later himself became production vice president. Retiring President Danforth, son of the company founder, told employees that addition of new members to the board and election of new President Rowland was necessary because “we were in danger of becoming inbred.”