New heads for general electric company

RETIREMENT of Gerard Swope (A´99, F´22) president, and Owen D. Young, chairman of the board, was announced at a recent meeting of the directors of the General Electric Company. New officers elected at that time, who assumed their duties January 1, are Charles E. Wilson, formerly executive vice-president, who becomes president, and Philip D. Reed, formerly assistant to the president, who becomes chairman of the board. Shown here from left to right are Mr. Young, Mr. Reed, Mr. Swope, and Mr. Wilson. Mr. Wilson began his career in 1899 as office boy for Sprague Electric Company, former constituent company of G.E., and has since served in most functions of the organization and in many capacities, becoming executive vice-president in 1937. Mr. Reed, who is an electrical-engineering graduate (University of Wisconsin, 1921) and a member of Tau Beta Pi, holds the degree of doctor of laws from Fordham University. He entered General Electric´s law department in 1926, and was made assistant to the president in 1937. Mr. Young and Mr. Swope, both of whom assumed their positions in 1922, have been made respectively honorary chairman of the board and honorary president. A biographical sketch of Mr. Swope appears on page 47.