Edward B. Walsh has been elected assistant vice president and controller of the J.J. Henry Co., Inc., New York, N.Y., one of the nation's principal naval architectural and marine engineering firms. In his newly expanded role, Mr. Walsh will report to Robert Axelrod, vice president of finance, and will be responsible for companywide accounting, budgeting, reporting, taxes, insurance, benefits accounting, and data processing.

Mr. Walsh joined the J.J. Henry Co. in 1962 as manager of accounting in the New York Office. Moving with the Accounting Department when it was relocated to the Production Division Headquarters in Moorestown, N.J., in 1971, he advanced steadily through a number of increasingly responsible positions, becoming controller and manager of accounting and data processing in 1975, the office he held prior to his recent promotion.