Monday, Feb. 13, 1933
Personnel
Last week the following were news: Arthur Reynolds, 64, longtime chairman of Chicago's Continental Illinois National Bank & Trust Co. who resigned last May because "the dampness of the climate here affects my ears," was elected vice chairman of foggy San Francisco's Bank of America N. T. & S. A., fifth largest U. S. bank. His friends hoped he was slated for the chairmanship now held by Amadeo Peter Giannini. As vice chairman he will be the bank's chief executive officer.
Said Banker Reynolds in Chicago last week: "I'm going to San Francisco to help develop the town into a still greater money center, just as I have done in Chicago. I'm tired of loafing. After seven months of it I have decided that I can't stand it any longer. It isn't any loafing job or honorary title that I am taking. It is one of the big jobs in the country, no doubt about it! . . ."
Chicago wondered last week whether Banker Giannini would also find a place for Banker Reynolds' rotund older brother George McClelland, 68, who has been unemployed since he quit Continental Illinois at the year end.
Curtis Bean Dall, son-in-law of President-elect Roosevelt, applied for membership on the New York Cotton Exchange. At the year end he retired as a partner of Goodbody & Co., has since operated independently with a desk at E. F. Hutton & Co.
Frank Clifford Lowry, sugar tycoon who stepped down one notch to a vice-presidency of National Biscuit Co. last fortnight, resigned to devote full time to his sugar-broking firm of Lowry & Co.
David Oliver Selznick, executive vice president in charge of stricken Radio~Keith-Orpheum's film production, resigned after prolonged wrangling with President Benjamin Bertram Kahane of the producing subsidiary.
Robert Emmet Dowling, Manhattan financier, was elected a director of New York Life Insurance Co., filling the vacancy left by the late Darwin Pearl Kingsley. President Buckner revealed that Calvin Coolidge's last official letter to the company was one dated Dec. 28, expressing satisfaction at Director Dowling's acceptance of the invitation.
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