PERSONNEL: Changes of the Week, may 5, 1958

¶Donald Slichter, 57, was elected president and chief executive officer of Milwaukee's Northwestern Mutual Life Insurance Co., eighth largest life insurance company in the U.S. (insurance in force: $9 billion). A graduate engineer (University of Wisconsin, '22) and amateur gardener (roses), Slichter, brother of Harvard Economist Sumner Slichter, has been a vice president in charge of Northwestern Mutual's investment portfolio since 1949¶Emerson Foote, 51, a founder and onetime president of Foote, Cone & Belding, who once shocked Madison Avenue by voluntarily giving up the $12 million American Tobacco account, again caught fellow admen flat-footed by rejoining McCann-Erickson, from which he...

Want the full story?

Subscribe Now


Learn more about the benefits of being a TIME subscriber

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