Executives: New Turns

Among U.S. companies undergoing turn-of-the-year management changes:

¶ Dictaphone Corp., pretty much of a stand-pat company from its birth in 1923 until it finally began diversifying in the early 1960s, reached outside the ranks to name Honeywell, Inc. Vice President and Dictaphone Director Walter W. Finke, 59, as president. Under outgoing President Lloyd M. Powell, 66, who now moves up to chairman, Dictaphone opened new overseas markets, branched into the temporary-office-help field (DOT Services) and, through acquisition of two smaller companies, grabbed 7% of the office-furniture market. The arrival of Finke, who...

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