¶ David M. Kennedy, 51, vice president of the Continental Illinois National Bank and Trust Co. of Chicago, ninth largest bank in the U.S. (total deposits: $2,473,000,000), was elected president to succeed Carl A. Birdsall, who died three weeks ago. The Mormon son of a Utah rancher, Dave Kennedy graduated from Weber College ('28) in Ogden, Utah, then served the customary two-year term as a Mormon missionary in England. Afterwards he joined the Federal Reserve as a technical assistant to the director of bank operations, spent nights studying law and economics at...
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