PERSONNEL: Changes of the Week, Jun. 4, 1956

Sosthenes Behn, 74, stepped down as chairman and chief executive of International Telephone & Telegraph Corp., but will continue as a member of the board and the executive committee. Chief executive will be I.T. & T.'s new president, Edmond H. Leavey (TIME, May 7). Hawk-faced Sosthenes Behn founded I.T. & T. in 1920, when he and brother Hernand bought a struggling Puerto Rican telephone company, built it into a $687 million communications empire that operates radiotelegraph circuits from Moscow to New Zealand, owns 33 manufacturing and research affiliates throughout the world. Behn...

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!