Business & Finance: Personnel

The following changes were news last week :

August Heckscher, rich real estate operator and charitarian,was made chairman of Rainbow Luminous Products, Inc., firm closely identified with Runaway Charles Victor Bob (TIME, Oct. 27). Among new Rainbow directors chosen last week were Gustave Maurice Heckscher, the chairman's son; Thomas F. Cole, sometimes associated with Promoter Bob in deals, once a mineral expert with U. S. Steel; Augustus Peabody Loring Jr., Boston banker. The company announced that Mr. Bob is no longer a stockholder or director in Rainbow.

Stetson & Blackman was formed as an...

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