Some new faces appeared at the top of the managerial ladder last week:
PERCY J. EBBOTT, 61, became president of Manhattan's Chase National Bank, third largest in the U.S.* He will share the chief executive duties with Board Chairman Winthrop W. Aldrich. Ebbott's predecessor, Arthur W. McCain, became vice chairman. A ruddy-faced, friendly Midwesterner, born in Fort Atkinson, Wis., Ebbott worked at sales and manufacturing before entering banking, has been a Chase vice president since 1930.
PERCY CRAIG SPENCER, 55, a lawyer turned oil executive, took over the presidency of Sinclair Oil Corp., succeeding aging (72) Founder Harry F. Sinclair, who was...