PERSONNEL: Prince in Armour

Chicago's William Wood Prince, whose job is guiding a $100 million fortune, gets little out of it but hard work. He is chairman of five boards of directors, president of twelve companies, a director in 16 others, as well as steward for a $3,800,000 stock interest in Armour & Co. Last week Billy Prince, 43, added another chore: he was elected president and chief executive of $468.3 million Armour, world's second biggest meat packer (first: Swift), succeeding Frederick W. Specht, 67, who remains board chairman.

Billy Prince, a handsome, hustling man who hates offices, was born William Wood, the son...

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