PERSONNEL: Elections

>To succeed the late famed Utilitarian James Simpson, directors of Chicago's Commonwealth Edison Co. last week elected a new chairman: big, white-haired General Counsel Charles Yoe Freeman.

>As Alien Property Custodian after World War I, Francis P. Garvan sold seized German chemical patents to Chemical Foundation, Inc. As president of the Foundation he leased the processes to the industry. Last week the presidency of the foundation, vacant since his death two years ago, was filled again. His successor: 27-year-old lawyer and onetime Yale football manager, Francis P. Garvan Jr.

>At one meeting, the board of The Borden Co. elected: 1) William Callan as Vice President-in-charge-of-Casein-Adhesives-and-Prescription-Products; 2) Arthur W. Ramsdell as Vice President-in-charge-of-Sales-of-Evaporated-Condensed-and-Malted-Milk, Cheese-Mincemeat-and-Caramels.