Quiet Graham Bethune Grosvenor was president of wide-flung Aviation Corp. for two years when he was succeeded by hardbitten Frederic Gallup Coburn. President Coburn had served approximately two years last week when suddenly he relinquished the executive office on the 47th floor of Manhattan's Chanin Building to a broad-framed young man with a grin and a pipe. It was not surprising that the name of the president-elect, La Motte Turck Cohu, should be better known in Wall Street than in airway operations. Avco, which has yet to show black ink on a profit &...
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