Word: heir
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...Borch was named executive vice president of General Electric 15 months ago, the implication was as blaring as the horn on a G.E. diesel locomotive (TIME, Aug. 10, 1962). The post has existed only off and on in G.E.'s history, and is usually reactivated to accommodate an heir apparent. By picking Vice President Borch for it, the board cleared the way for the retirement of Ralph Cordiner, chairman and longtime chief executive. Cordiner has wanted to retire to his 1,800-acre West Florida cattle and citrus ranch, but postponed his departure long enough to untangle the lengthy...
...organization man who really swings was what Warner Brothers wanted. So, for an undisclosed sum, they hired none other than Frank Sinatra, 47, as a new special assistant to help 71-year-old President Jack L. Warner on matters of high policy. Whether Sinatra might be heir apparent to Warner's movie-making empire was anybody's guess, but Hollywood insiders can readily identify the secret ingredient that qualifies Frankie to join the ranks of rising executives...
...shouldered, cigar-chewing George Keck will keep his eye for detail on all opera tions, travel at least 100,000 miles a year. Trained in operations and maintenance, Keck believes in as much personal contact as possible with the line's 32,000 employees. He is considered the heir to Patterson, whose association with the line, says one United official, "will end on the day he is buried." Keck is a golfer and a devoted gardener who also delights in socializing with his family. One of his two daughters, Leslie, 23, is a stewardess for, of all things, competing...
...Europe, Latin America, Canada and Australia. The leading figure in this family company is Liliane Schneider, who at 61 is tall, erect, smooth-skinned and almost as handsome as when she starred in such French film confections of the 1920s as The She-Goat with Golden Feet. Liliane married Heir Charles Schneider in 1931, started working at his side in 1942 and succeeded him as co-manager of Schneider after his death...
Apres de Gaulle, qui? goes France's favorite guessing game. Who indeed? Though le grand Charles has often hinted that he would like to retire when his term expires in 1965, he has carefully avoided designating his heir. Last week De Gaulle finally ended the suspense. At Orange, his first stop on a five-day stump tour of the eastern Rhone valley, he declared oracularly: "The essential thing for Charles de Gaulle, President of the Republic, is to know what the French people want. I have the impression that I have discerned this for a quarter of a century...