Personnel

Last week the following were news: Percy Avery Rockefeller, son of William Rockefeller, long considered a pillar of Manhattan's National City Bank (as his cousin John D. Jr. is of Chase National), was discovered to have resigned a month ago from the National City Board. Reason given: illness. Friends said he had not attended a directors' meeting for two years. But Wall Street was puzzled, not wholly convinced. Big backer of Charles E. Mitchell, Mr. Rockefeller was last week scheduled to be a witness at Mr. Mitchell's trial (see p. 46). His departure from National City board severs a bank representation which his branch of the Rockefeller family has had for more than 50 years.

Daniel Gimbel, vice president of Gimbel Bros., was discovered to have been elected chairman of the board several months ago, succeeding his brother Charles who died last September (TIME, Sept. 19, 1932).

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