Just a year after he was elected president of P. Lorillard Co. (Old Golds, Kents), Robert M. Ganger, 49, was out as suddenly as he went in. Ganger, who had spent 22 years in advertising before Lorillard hired him away from his agency (Geyer, Newell & Ganger) as executive vice president in 1950, had resigned, announced Lorillard, "in the interest of regaining his health." Replacing Ganger was Executive Vice President William J. (for Joseph) Halley, 55, a financial expert who joined Lorillard in 1918, moved up steadily, if not spectacularly, as comptroller, treasurer and financial vice president. In the...
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