BECKMAN ANNOUNCES A CHANGE TO ITS BOARD OF DIRECTORS.FULLERTON, Calif.--(BUSINESS WIRE)--March 4, 1996--Beckman Instruments, Inc. (NYSE NYSE See: New York Stock Exchange :BEC) announced today the resignation of Henry Wendt from its Board of Directors and the Board's election of Charles A. Haggerty, Chairman, President and Chief Executive Officer of Western Digital Corporation to fill the vacated position. Mr. Wendt, who is managing partner of the Finisterre Fund, a strategic equity investment fund focused on health care, was a Director of Beckman since it became public in 1988 and served as the company's Chairman in 1988 and 1989. His association with Beckman began in 1982, when Beckman joined SmithKline to become SmithKline Beckman. Mr. Wendt was Chief Executive Officer of SmithKline Beckman from 1982 to 1989 and also Chairman of the Board from 1987 to 1989 as well as Chairman of the Board of SmithKline Beecham from 1989 to 1995. Mr. Haggerty, 54, joined Western Digital, a manufacturer of hard disk drives, in 1992 as President and Chief Operations Officer. He assumed his current responsibilities the following year. Mr. Haggerty is also a member of the Board of Trustees board of trustees Politics The posse of thugs who oversee an institution's administration. See Board of directors. of the University of St. Thomas University of St. Thomas can refer to:
as a missionary he fearlessly confronts the “perils of waters, of robbers, in the city, in the wilderness.” [N.T.: II Cor. 11:26] See : Bravery , Minnesota and serves as a Director of Pentair, Inc. and Sync Research. Prior to joining Western Digital, Mr. Haggerty spent 28 years at IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) where he held various executive positions including Vice President of Worldwide OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and Storage Marketing and Vice President/General Manager, Low-End Mass-Storage Products. Beckman's Chairman and Chief Executive Officer, Louis T. Rosso said, "Henry Wendt made an enormous contribution to our company over the 14 years of our association and shall be missed. We extend our sincere thanks to him as he departs to concentrate more on personal business interests among which are the Finisterre Fund and Quivira Vineyard." "We are pleased to welcome to our Board Charles Haggerty, who is a seasoned executive with broad experience in technology based businesses. He will be a valuable resource for Beckman, especially in areas relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc high velocity processes in cost sensitive markets." Beckman Instruments, Inc. is a registered ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 9000 Quality Systems Company which develops, manufactures and markets automated systems and supplies used for biological analysis in laboratories for research, product development and clinical diagnostics. Beckman operates in more than 120 countries. CONTACT: Beckman Instruments Inc., Fullerton, Calif. Michael J. Whelan, 714/773-7620 |
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