MANAGEMENT: Titan's Troubles

Chairman George M. Bunker of the Martin Co. announced last week that he would take personal charge of the company's Titan ICBM program and revamp the whole operation. All missile production, testing and launching will be brought into a new division, with headquarters shifted from Baltimore to Denver, where Martin produces the Titan. Denver's current boss, Howard W. ("Bucky") Merrill, will stay on as a Martin vice president, but relinquish top operational control of the Titan program to Bunker, who is moving to Denver.

On the Pad. Bunker's action came none too...