WILLIAM T. TAYLOR has been elected chairman of the board of ACE Industries, Incorporated, effective April 1, Charles J. Hardy, Jrv former chairinan, announced recently. Mr. Taylor, who is now vice president and a director of Bankers Trust Company, has been a director of ACE since 1952. Mr. Hardy will continue as chairman of the execulive commillee and as I a member of the board of directors. Both James F. Clark, ACF's presidenl, and the new chair- man will be responsible directly lo the board of directors; Mr. Clark for the company's operations and management and M.r. Taylor for policy and planning. Mr. Hardy said he had nominated Mr. Taylor lo succeed him in keeping wilh his plans for the long-range interests of the company. He said he desired lo devote more of his own time to personal mallers. Mr. Taylor has severed his connection as an officer of Bank- ers Trust, but will continue lo serve on its board of directors. His 30-year banking career includes service as president of the Union Trust Company of Springfield, Mass., as vice presi- denl of The Guaranty Trust Company of New York, and as vice cllairman of the Commercial National Bank and Trusl Company of New York. He is a direclor and member of the executive commillee of both Adams Express Company and American International Corp., and is a director of the First National Bank in Greenwich, Conn. He is a past president of the New York Slale Bankers Association. Mr. Hardy ioined ACE in 1944 as vice p.resident and direc- tor, coming from the law flrm then known as Hardy, Stan- clifFe and Hardy (now Hardy, Peale, Barker and Rawlings), counsel lo ACE Industries. He was elected executive vice presidenl in 1946, president in 1947 and chairman in August, 1 954. A Avion Helps Sidewinder Strike ION DivlsloN oF ACF has made an important contribution in the development of a new guided missile. First conceived in 1950 at the Naval Ordnance Test Station, China Lake, California, it became known as, the Sidewinder. The Department of the Navy an- nounced recently that this new air-to- ail missile was "operational" and on bo`ard fleet units at sea. Navy squad- rons possessing Sidewinder capabili- ties have since been deployed with the U. S. Sixth Fleet in the Mediter- ranean area and with the U. S. Sev- , Record Type: , Record Date: , Program Name: , Program Phase: , People: , Places: , Events: , Technologies: , Description: , Date Updated: , System Date Uploaded: , OCR Text: WILLIAM T. TAYLOR has been elected chairman of the board of ACE Industries, Incorporated, effective April 1, Charles J. Hardy, Jrv former chairinan, announced recently. Mr. Taylor, who is now vice president and a director of Bankers Trust Company, has been a director of ACE since 1952. Mr. Hardy will continue as chairman of the execulive commillee and as I a member of the board of directors. Both James F. Clark, ACF's presidenl, and the new chair- man will be responsible directly lo the board of directors; Mr. Clark for the company's operations and management and M.r. Taylor for policy and planning. Mr. Hardy said he had nominated Mr. Taylor lo succeed him in keeping wilh his plans for the long-range interests of the company. He said he desired lo devote more of his own time to personal mallers. Mr. Taylor has severed his connection as an officer of Bank- ers Trust, but will continue lo serve on its board of directors. His 30-year banking career includes service as president of the Union Trust Company of Springfield, Mass., as vice presi- denl of The Guaranty Trust Company of New York, and as vice cllairman of the Commercial National Bank and Trusl Company of New York. He is a direclor and member of the executive commillee of both Adams Express Company and American International Corp., and is a director of the First National Bank in Greenwich, Conn. He is a past president of the New York Slale Bankers Association. Mr. Hardy ioined ACE in 1944 as vice p.resident and direc- tor, coming from the law flrm then known as Hardy, Stan- clifFe and Hardy (now Hardy, Peale, Barker and Rawlings), counsel lo ACE Industries. He was elected executive vice presidenl in 1946, president in 1947 and chairman in August, 1 954. A Avion Helps Sidewinder Strike ION DivlsloN oF ACF has made an important contribution in the development of a new guided missile. First conceived in 1950 at the Naval Ordnance Test Station, China Lake, California, it became known as, the Sidewinder. The Department of the Navy an- nounced recently that this new air-to- ail missile was "operational" and on bo`ard fleet units at sea. Navy squad- rons possessing Sidewinder capabili- ties have since been deployed with the U. S. Sixth Fleet in the Mediter- ranean area and with the U. S. Sev- , China Lake Museum,Weapons,Air-to-Air Guided Missiles,AIM -9 Sidewinder,Sidewinder Pioneer Photo,Avion Helps Sidewinder Strike 1 Page 1, Avion Helps Sidewinder Strike 1 Page 1