LORD TEDDER TO GIVE UP CAR CHAIRMANSHIP
Lord Tedder, chairman of Standard- Triumph International Limited, having reached the age of 70, has decided not to seek re-election to the board at the annual meeting at Coventry on December 21. Lord Tedder has, however, accepted an invitation to become President of the company. Mr A. S. Dick, managing director, will be elected chairman of the executive board. Mr Dick is 44.