Changes of the Week

P: James P. Falvey, 49, an expert on law and labor relations, was elected president and chief executive officer of Electric Auto-Lite Co., the world's biggest independent manufacturer of automobile electrical equipment (30 plants in the U.S. and Canada). Falvey is the complete opposite of his rugged, swashbuckling predecessor, Royce G. Martin (onetime paymaster for Pancho Villa), who died minutes after his horse Goyamo ran in the 1954 Kentucky Derby (TIME, May 10). Falvey joined Auto-Lite in 1934, when it bought out Moto-Meter Gauge and Equipment Corp., for which he was patent attorney. He built up Auto-Lite's legal and patent division, rose to vice president for industrial relations.

P: Bennett Archambault, 44, moved over from the M. W. Kellogg Co. (a Pullman Inc. subsidiary that builds equipment for oil refineries) to become president and chief executive officer of Stewart-Warner Corp. (lubricating equipment, television, electronic products, auto parts, heating plants, etc.). A Californian, Archambault grew up in Montana, attended Georgia Tech, graduated from M.I.T., joined Kellogg in 1935 and worked his way up to vice president and general manager. During World War II, he headed the European division of the U.S. Office of Scientific Research and Development, won U.S. and British decorations for pioneering new weapons and equipment. At Stewart-Warner, Archambault succeeds James S. Knowlson, 70, who continues as board chairman.

P: Barnum L. Colton, banker and longtime close friend of Labor Leader John L. Lewis and Financier Cyrus Eaton, was elected president of Washington's Hamilton National Bank. Hand-picked by Lewis (whose United Mine Workers just bought control of Hamilton), Colton's election paves the way for the merger of Hamilton and the National Bank of Washington (controlled by Lewis since 1949). The merger would make it the No. 2 Washington bank (after the Riggs National Bank) and provide investment outlets for U.M.W.'s $140 million in reserves, welfare and retirement funds.

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