PERSONNEL: The Top Drawer

There were new faces in new places last week:

¶ Lucius DuBignon Clay, 53, General, U.S.A. (ret.), onetime commander of U.S. forces in Europe and military governor of the U.S. zone in Germany, took over the $96,000-a-year chairmanship of the $250 million Continental Can Co. General Clay resigned last November as president of the Ecusta Paper Corp. after seven weeks' service, when the company was acquired by Olin Industries, whose principal business is the manufacture of cartridges and small arms. Old Soldier Clay thought he should stay out of the munitions business.

¶ Donald Kirk David, 54, dean of Harvard's Graduate...

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