Monday, Feb. 11, 1957

New Faces

P: Arthur B. Langlie, 56, G.O.P. convention keynoter in 1956, became president of McCall Corp.. succeeding Marvin Pierce, 63, who was made chairman of the board. Langlie, who served an unprecedented three terms as Washington governor (1940, 1948. 1952) and was defeated last November for the U.S. Senate, was picked for McCall's by California Financier Norton Simon (Ohio Match Co., Hunt Foods, Harbor Plywood), who began buying McCall stock in 1954 and now commands a controlling 35%. New Publisher Langlie was also elected as ninth pro-Simon director on the 17-man board.

P: Francis A. Johnson, 48, vice president of Endicott Johnson, became fourth president of the 63-year-old shoe company, succeeding his cousin. Charles F. Johnson Jr., 69, who became chairman of the board. Frank Johnson, grandson of the firm's founder, George F., and son of its second president, George W., began at the bottom as a tennis-sneaker worker in 1931, eventually managed two of the company's three upstate New York plants, served nine years as vice president of the flourishing family business (1956 net: $2,771,158), which is now the second biggest U.S. manufacturer in the low-and medium-priced fields (first: International Shoe Co.).

P: Henry S. Reddig, 49, a leader of a successful stockholders' fight for control of Minneapolis-Moline in 1955, was elected president, succeeding W. C. MacFarlane, 74, president since the farm implement company was founded in 1929, who becomes vice chairman of the board. Henry Reddig, an Oklahoman who worked first as Montgomery Ward's chief accountant while studying at night, has bought and sold several Ohio companies with his brother Edward, now chairman of Minneapolis-Moline, and is still president-owner of Cleveland's toolmaking Maxwell Co. The Reddigs began investing heavily in Minneapolis-Moline based on its growth potential, though its earnings have fallen 92% since 1950. The Reddigs plan to diversify into heavy industrial machinery and highway equipment.

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