Business: Other Changes

¶Ernest Sterling Marsh, 54, was elected president of the century-old Atchison, Topeka & Santa Fe Railway Co., longest U.S. railroad (13,076 miles) and fourth largest in operating revenue ($590 million in 1956), succeeding Fred G. Gurley, 68, Santa Fe president since 1944, who becomes board chairman. Marsh left the eleventh grade in 1918 to join the Santa Fe as a clerk in Clovis, N. Mex., went to Chicago as chief clerk in the president's office in 1942. Two years later, he was made assistant to the president, and in 1948 became vice president in charge of finance. To put Marsh in...

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!