Other Changes

P:Ernest Sterling Marsh, 54, was elected president of the century-old Atchison, Topeka & Santa Fe Railway Co., longest U.S. railroad (13,076 miles) and fourth largest in operating revenue ($590 million in 1956), succeeding Fred G. Gurley, 68, Santa Fe president since 1944, who becomes board chairman. Marsh left the eleventh grade in 1918 to join the Santa Fe as a clerk in Clovis, N. Mex., went to Chicago as chief clerk in the president's office in 1942. Two years later, he was made assistant to the president, and in 1948 became vice president in charge of finance. To put Marsh in line to succeed Gurley, whose retirement in two years is mandatory, the Santa Fe reinstituted the long-abandoned post of board chairman, also gave Gurley the newly created title of chief executive officer--though Marsh will have operating charge of the railroad. P:Stanley de Jongh Osborne, 52, was named president of Olin Mathieson Chemical Corp. in the first top management changes since the merger of Olin Industries, Inc. and the Mathieson Chemical Corp. in 1954. He succeeds Thomas S. Nichols, 58, who will become chairman of the board. Old Board Chairman John M. Olin, 64, will become chairman of the Financial and Operating Policy Committee. Osborne attended Harvard ('26) and Harvard Business School, taught in Harvard's history department before joining Boston's Old Colony Corp. in 1928. After a spell with Atlantic Coast Fisheries Co., the Government during World War II and Eastern Air Lines, he became treasurer and later financial vice president of Mathieson Chemical. P:Hans A. Vogelstein, 53, was named president of the American Metal Co., Ltd., U.S. refining and smelting concern with holdings in Canada, Mexico and Africa, annual sales of more than $600 million. He succeeds Walter Hochschild, 56, son of Berthold Hochschild, one of the company's founders. Walter, president since 1950, becomes chairman of the board. Vogelstein, who has been vice president since 1953, faces the immediate task of improving American Metal's profit picture, which suffered in the March quarter (47-c- a share v. 1956's 57-c-) from lower copper prices.

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