Monday, Feb. 12, 1951
New Faces
New faces at the top of U.S. industry last week:
P: CLIFFORD FRED RASSWEILER, 51, research scientist, who became vice chairman of Johns-Manville Corp., biggest U.S. maker of asbestos insulation materials. Son of a Methodist minister, Rassweiler worked his way through the University of Denver, got his Ph.D. in organic chemistry at the University of Illinois, worked for Du Pont, went to Johns-Manville as research director in 1941, where he developed numerous new products, including the insulating pad used on bazookas to protect the firer's face from burns. As vice chairman, Rassweiler skipped right over Johns-Manville's presidency, which became vacant last week with the retirement of Robert W. Lea. J-M's new president: Leslie M. Cassidy, 46, formerly vice president in charge of sales. Rass-weiler's chief job will be to organize and direct a new planning board (under J-M's longtime Chief Executive Lewis H. Brown). Says Rassweiler: "We intend to let the military know what Johns-Manville can make with the tools it has, instead of waiting for them to come to us with orders that we cannot fill." P: MALTBYSTEVENS, 55, president of International Silver Co., succeeding his brother, Evarts C. Stevens, 65, who was named chairman.
P: General Electric Co. named three executive vice presidents,* in a move to decentralize authority. The three: HENRV V. ERBEN, 52, formerly general manager of the apparatus division, who will have charge of heavy industrial equipment HARDAGE L. ANDREWS, 61, formerly vice president in charge of G.E.'s appliance and merchandise department, who wil supervise small industrial equipment; anc ROY W. JOHNSON, 45, formerly boss of G.E.'s affiliated manufacturing companies who will boss appliances and electronics
*Former Executive Vice President Ralph J. Cordiner became president when Charles Wilson left G.E. to boss U.S. mobilization.
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