Personnel

The following changes were news last week :

August Heckscher, rich real estate operator and charitarian,was made chairman of Rainbow Luminous Products, Inc., firm closely identified with Runaway Charles Victor Bob (TIME, Oct. 27). Among new Rainbow directors chosen last week were Gustave Maurice Heckscher, the chairman's son; Thomas F. Cole, sometimes associated with Promoter Bob in deals, once a mineral expert with U. S. Steel; Augustus Peabody Loring Jr., Boston banker. The company announced that Mr. Bob is no longer a stockholder or director in Rainbow.

Stetson & Blackman was formed as an investment banking house in Philadelphia last week and Partner John Batterson Stetson Jr. bought a seat on the New York Stock Exchange. From 1925 until last January, Mr. Stetson was U. S. Minister to Poland, specialized on U. S.-Polish financial relations. He is the son & namesake of the founder of John B. Stetson Co. (hats), was in that business for several years.

Rockwell Kent, cousin of Artist Rockwell Kent, was promoted from assistant vice president to full vice president of Bank of Manhattan Trust Co.

Herbert Conrad Lakin, counsel of Cuba Co. (railroads, sugar) since 1905, president since 1919, resigned the latter position to devote more time to law practice.

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