PERSONNEL: Changes of the Week, Feb. 15, 1954

¶ Modie Joseph Spiegel Jr., 53, moved up from the presidency to the long-vacant (since the death of his father in 1943) job of board chairman of Spiegel, Inc., the nation's No. 3 mail-order and retail house. Spiegel, still the chief executive officer, took over the family business in 1932, when sales were only $7,000,000 and the company was losing money, got it back on a profitable basis the following year and by last year had boosted sales to $134 million. Replacing him as president: Robert S. Engelman, 41, who, like Spiegel, graduated from...

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!