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Applied Magnetics Corp. makes announcement.


GOLETA, Calif.--(BUSINESS WIRE)--Nov. 7, 1995--Applied Magnetics Corp. (NYSE NYSE

See: New York Stock Exchange
:APM (Advanced Power Management) A programming interface (API) from Intel and Microsoft for battery-powered computers that lets programs communicate power requirements to slow down and speed up components. See ACPI.

APM - Advanced Power Management
) announced that at a regular board of directors' meeting on Nov. 3, Harold Frank resigned as chairman of the board.

Frank, who founded Applied Magnetics 38 years ago, will remain a director and was named chairman emeritus. Craig Crisman, chief executive officer, was elected chairman.

Jerry Goldress, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  and chairman of Wherehouse Entertainment, has been elected to the board to fill the vacancy created by the resignation of William Terry William Terry may refer to:
  • William Terry (1798–), a political figure in Upper Canada
  • William Terry (congressman) (1824–1888), a member of the United States Congress from Virginia
, retired executive vice president of Hewlett-Packard.

CONTACT: Applied Magnetics Corp., Goleta

Craig D. Crisman, 805/683-5353
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:Nov 7, 1995
Words:97
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