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Anthony W. Ruggiero to be Olin CFO.


STAMFORD, Conn.--(BUSINESS WIRE)--Sept. 5, 1995--Olin Corp. today announced that Anthony W. Ruggiero, 54, has joined the company.

He will succeed James A. Riggs as senior vice president and chief financial officer. Riggs recently announced that he will retire, after a distinguished 30-year career with the company.

Ruggiero was most recently senior vice president and chief financial officer of Reader's Digest Reader's Digest

U.S.-based monthly magazine. Founded by DeWitt and Lila Wallace, it was first published in 1922 as a digest of articles of topical interest and entertainment value condensed from other periodicals.
 Association of Pleasantville, N.Y. Prior to joining Reader's Digest, Ruggiero spent 20 years with Squibb Corp., a global pharmaceutical company, and in 1983 became senior vice president and chief financial officer, and a director. Ruggiero joined Squibb in 1969, shortly after its spin-off as a public company from Olin Corp. Squibb merged with Bristol-Myers Company in 1989.

"We are pleased to have someone with Mr. Ruggiero's impressive track record joining our company," said John W. Johnstone, Olin chairman and chief executive officer. "He brings a disciplined approach to financial management, combined with a sophisticated knowledge of financial markets," Johnstone added.

A graduate of Columbia University Columbia University, mainly in New York City; founded 1754 as King's College by grant of King George II; first college in New York City, fifth oldest in the United States; one of the eight Ivy League institutions.  with an MBA MBA
abbr.
Master of Business Administration

Noun 1. MBA - a master's degree in business
Master in Business, Master in Business Administration
 in finance, Ruggiero received a bachelor of science Noun 1. Bachelor of Science - a bachelor's degree in science
BS, SB

bachelor's degree, baccalaureate - an academic degree conferred on someone who has successfully completed undergraduate studies
 degree in economics from Fordham University Fordham University (fôr`dəm), in New York City; Jesuit; coeducational; founded as St. John's College 1841, chartered as a university 1846; renamed 1907. Fordham College for men and Thomas More College for women merged in 1974. . In addition, he holds a post master's certificate in accounting from Iona College Iona College may refer to:
  • Iona College (New York) in New Rochelle, New York, USA
  • Iona College (Queensland) in Queensland, Australia
  • Iona College (Havelock North) in Havelock North, Hawkes Bay, New Zealand
. Ruggiero and his wife reside in Greenwich, Conn. The couple has two married children.

A Fortune 500 company with sales of approximately $3 billion, Olin's businesses are comprised of chemicals, electronic materials, metals, defense, aerospace and sporting ammunition.

CONTACT: Olin Corp.

Richard E. Koch, 203/356-3254 (investor contact)

or

William B. McDaniel, 203/356-2619 (press contact)
COPYRIGHT 1995 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Sep 5, 1995
Words:254
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