Management: I'll Be the Boss

The nation's biggest defense contractor, General Dynamics Corp., last week found a man to succeed Frank Pace Jr., 49, as chairman and chief executive. Burdened by a record $425 million development loss from the commercial Convair 880 and 990 jets (TIME, Jan. 5), the company's powerful executive committee some weeks ago launched a search to put "new blood into top management." Last week Pace resigned. Tapped to replace him as chief executive at a salary of $125,000 was Roger Lewis. 50, now a $71,600-a-year executive vice president of Pan American World...

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