Business: Personal File: Aug. 25, 1961

∙Stepping into his 26th-floor office in the American Telephone & Telegraph Building on Manhattan's lower Broadway, Eugene Johnson McNeely, 60, was greeted by a fresh sign on the door, OFFICE OF THE PRESIDENT. For the third time in his 39-year telephone career, McNeely succeeds to a job previously held by Frederick R. Kappel, 59, who moves up to the company's long-unoccupied chairmanship and remains chief executive. McNeely, who joined the Bell System straight out of the University of Missouri Engineering School ('22), will supervise engineering operations, marketing and personnel. An energetic perfectionist, he keeps a golden telephone atop his desk, still...

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