COMPANY TOWN ANNEX
From Times Staff and Wire Reports
New World Communications Names President: Arthur Bilger, who helped run Drexel Burnham Lambert’s corporate finance department in the 1980s, will also take over as chief operating officer of the company. William C. Bevins remains chief executive of New World, which is controlled by financier Ronald O. Perelman. Bilger most recently was a partner at Apollo Advisors.