Monday, Aug. 01, 1960
Changes of the Week
P:Daniel Parker, 35, became president and chief executive officer of Parker Pen Co., replacing Bruce M. Jeffris, the only non-Parker to hold the job, who becomes board chairman. Dan Parker is the grandson of George Parker, who founded the firm in 1888, and son of Kenneth Parker, who was board chairman until last month. Daniel Parker has been groomed for the top spot at Parker since boyhood. A Marine 2nd lieutenant in World War II. he attended Harvard Business School, joined the company in 1949 and was put in charge of foreign operations. Handsome and hardworking, he often arrives at the office at 6:30 a.m., likes to skip lunch and work until evening. He pilots his own helicopter, is a sports-car buff. Last year he built his own car, raced it in the Elkhart Lake, Wis. races (it broke down after 30 miles of the 100-mile race). P:Edward H. Heinemann, 52, quit as vice-president in charge of Douglas Aircraft's European Division to become executive vice president at Summers Gyroscope, a major maker of guidance systems for missiles. As chief engineer at Douglas' giant El Segundo plant from 1936 to 1958, Heinemann won fame as the exponent of clean, uncluttered aircraft, designed such famous Navy aircraft as the Skyraider attack bombers and the Dauntless dive bombers. P:E. Clinton Towl, 54, succeeded the late Leon A. Swirbul as president of Grumman Aircraft Engineering Corp. Towl was one of the founders of the company in 1929, along with Board Chairman Leroy Grumman and Swirbul. His specialty is administration and finance.
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