Monday, Feb. 06, 1956

Changes of the Week

P: Clarence B. Randall, 64, who helped build Inland Steel (5,000,000 tons annually), steps down April 1 as chief executive. Randall has been devoting his great gifts to a crusade for freer international trade. He was head of President Eisenhower's 17-man Commission on Foreign Economic Policy, which in 1954 got Congress to take a few steps forward. Randall's latest job: a flying trip to Turkey as the President's special consultant to help a stout ally make economic sense. Inland's new boss: President Joseph L. Block, the founder's grandson, who has been running the company since 1953.

P:Kaufman Thuma ("K.T.") Keller, 70, will retire April 17 as board chairman of Chrysler Corp. after 30 years of service, half of it as president. In 1950 Keller turned over the operating job to President Lester Lum ("Tex") Colbert, since then has devoted much of his time to activities such as getting the U.S. guided-missile program off the ground (TIME, Jan. 30). Another change at Chrysler: F. W. Misch, 50, vice president, will move up to corporation finance officer, succeeding Financial Wizard George W. Troost, 53, Chrysler's No. 2 man, who died last week after a brain operation.

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