Monday, Aug. 03, 1953
Changes of the Week
$#182;Frank Kiggins White, 53, president of the National Broadcasting Co., who succeeded Joseph McConnell only six months ago, resigned "for reasons of health," and his duties were temporarily taken over by RCA-NBC Chairman David Sarnoff. White has been in ill health almost from the time he took over NBC, was forced to relinquish more and more of his duties.
P:George Friedland, 51, co-founder (with his elder brother, Board Chairman Samuel Friedland) of Food Fair Stores, seventh largest* retail food chain (1952 sales: $292.6 million), stepped down from the presidency and into the newly created post of vice chairman "for one fundamental reason: I have long felt that younger men should be given the opportunity to carry forward the aggressive policy of our company." The policy calls for construction of 35 to 40 new supermarkets by the end of 1954. His successor: Vice President and General Counsel Louis Stein (Friedland's nephew), 47, who joined Food Fair in 1929 as general counsel, was named a director in 1937, vice president in 1940.
P:Glenn O. Kidd, 37, vice President of Lehigh Navigation Coal Co., largest subsidiary of Lehigh Coal & Navigation Co., was appointed president, replacing Evan Evans, who moved up to the board chairmanship. A former Interstate Commerce Commission attorney, Kidd joined Lehigh Navigation in 1941, came up through the ranks to become supervisor of sales activities three years ago.
*First six: A & P, Safeway, Kroger, American Stores, First National', National Tea.
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