Changes of the Week

P: Robert Joseph Levy, 50, a partner in the Manhattan brokerage firm, Robert J. Levy and Co., was named chairman of Standard Gas & Electric Co. (TIME, Nov. 17), replacing Edward O. Boshell, 51, who resigned to devote full time to Westinghouse Air Brake Co., where he is president and board chairman. Levy, a Standard Gas director since 1947, was chief administrative officer of the Board of Economic Warfare in 1942. In 1943 he was commissioned a major, went overseas and became Dwight Eisenhower's liaison officer to Charles de Gaulle, was discharged from the service as a lieutenant colonel in 1946.

P: Charles Edward Wilson, 66, onetime president of General Electric and chief mobilizer for the first year of the Korean war, became board chairman of Grace Chemical Co., a subsidiary of W. R. Grace & Co., of which Wilson is a director. Grace Chemical is now building its first manufacturing unit, a $19 million nitrogen plant near Memphis.

P: Sir Oliver Franks, 48, former British Ambassador to the U.S. and a director of Lloyd's Bank Ltd., Britain's third largest, stepped up to deputy chairman. Franks is thus first in line to succeed Lord Balfour of Burleigh, 70, as head of the bank.

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