Personnel

Last week the following were news:

P: Though William Chapman Potter has been a banker since 1912. he started out as a mining engineer, ran Guggenheim affairs in Mexico for two years. He was elected president of Guaranty Trust Co. in 1921, chairman of the board in 1934. Last week the Federal Reserve Bank of New York announced that he had been elected a director, succeeding George W. Davison, chairman of Central Hanover Bank & Trust Co.

P: When James Joseph ("Gene") Tunney fought William Harrison ("Jack") Dempsey to defend his world's heavyweight championship in 1927, he got $990,000, Dempsey $425,000. Dempsey now prospers as the head of a big, bustling restaurant on Manhattan's Eighth Avenue. Tunney prospers in a different way. In 1928 he married Polly Lauder, a Greenwich, Conn, steel heiress, took up Shakespeare, began making friends with businessmen and bankers. Soon he was a corporation director sitting on the boards of companies like New York Shipbuilding Corp. Last week he was elected director of another--Morris Plan Industrial Bank of New York.

P: The Board of Directors of Standard Brands, Inc. has never had a chairman. When the office was created last week everyone knew who would fill it: Joseph Wilshire, president since 1929 when Fleischmann Co. was merged with E. W. Gillett Co., Ltd. and Royal Baking Powder Co. Upped to the presidency was Thomas L. Smith.

P: Up to last week there had been three presidents of Swift & Co., all Swifts. Up to 1928 not even a vice president had come from outside the family. But by that time the country's biggest packer had so many top offices that there were not enough Swifts to go round, and three non-Swift vice presidents were elected. Last week Vice President John Holmes, 46, was upped to the presidency, succeeding Gustavus F. Swift, who moved into one of two new vice-chairmanships.

John Holmes would insist that he is an outsider only genealogically, for he has worked for Swift & Co. since he was 15. And the Swifts would insist that Swift & Co. is not being run by an outsider by a long shot. Charles H. Swift stays as chair-man of the board. Gustavus F. Swift and Harold H. Swift, as vice chairmen, intend to let Mr. Holmes take care of the routine matters involved in managing a business which sells nearly a billion dollars worth of meat and provisions annually and is expected to make as much money this year as last when it reported profits of $8,990,822.

This file is automatically generated by a robot program, so reader's discretion is required.