Changes of the Week

P:James L. Palmer, 59, president of Chicago's Marshall Field & Co. since 1949, was named chief executive officer to succeed Hughston McBain, 56, who retired as chairman and chief executive after 15 years. Palmer has worked hand in hand with McBain in guiding Marshall Field through a postwar expansion period that saw the opening of three suburban stores, doubled total store space, pushed sales up some 35% (fiscal 1957: $219,011,532). A onetime professor of marketing at the University of Chicago, Palmer joined Field's in 1936, became president after he turned down an offer to become board chairman of Montgomery Ward. P: Lee Talley, 56, president of Coca-Cola Export Corp. since 1954, was elected president of the Coca-Cola Co. to succeed William E. Robinson, 57, who moved up to chairman and will remain chief executive officer. Son of a minister, Alabama-born Talley went to Coca-Cola as a salesman right after Atlanta's Emory University, won a reputation as a topnotch troubleshooter, made his mark in Coke's hierarchy by putting some fizz into the Canadian subsidiary as its president. P:Edgar A. Jones, 42, was named president of Greyhound's two-year-old Rent-A-Car subsidiary, whose success was largely responsible for a 7% increase in Greyhound's operating revenues (to $65,566,223) in 1958's first quarter. Erie-born Ed Jones, a bachelor, has been with Greyhound in several administrative capacities since 1936, was one of the chief movers in the formation and development of Rent-A-Car. He expects to have 400 communities served by Rent-A-Car within a year.

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