PERSONNEL: Changes of the Week, Aug. 17, 1953

¶ Edward Vernon ("Eddie") Rickenbacker, 62, president of Eastern Air Lines Inc. since 1938, moved up to board chairman in order "to get young men on jobs where they can carry responsibility and to give me more time for policy matters and long-range planning." Eastern's new president is Thomas F. Armstrong, 51, treasurer and secretary since 1938, who joined the airline as an apprentice bookkeeper in 1928. But as chief executive officer, iron-fisted Rickenbacker is still the real boss.

¶ Charles S. Bridges, 50, vice president in charge of sales and advertising...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!