PERSONNEL: Up the Ladder

Some new faces in old jobs last week: James E. Day, 40, well-tailored, Illinois-born investment broker, became president of the Chicago Stock Exchange. To get ready for the job, Jim Day helped build a dam in Arizona, made and lost a fortune in real estate, took a law degree, was vice president of the Exchange for two years. His plan for La Salle Street: get more Midwestern stocks.

Arthur W. McCain, 52, for 32 years a commercial and foreign banker (chiefly financing commercial-aviation manufacturing and transport), became president of Chase National Bank, succeeding H. Donald Campbell, who became vice chairman of...

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!