BOWATER INCORPORATED ANNOUNCES ANNUAL MEETING RESULTS.GREENVILLE, S.C.--(BUSINESS WIRE)--May 24, 1995--Bowater Incorporated (NYSE-BOW) announced the results of the votes taken at its annual meeting held in Charlotte, N.C., today. Re-elected to the Board of Directors for three-year terms were: - Arnold M. Nemirow, 52, President and Chief Executive Officer, Bowater Incorporated - Hugh D. Aycock, 64, retired President, Chief Operating Officer and Director, Nucor Corporation - Donald R. Melville, 68, retired Chairman and Chief Executive Officer, Norton Company The appointment of KPMG KPMG Klynveld Peat Marwick Goerdeler (accounting firm) KPMG Kaiser Permanente Medical Group KPMG Keiner Prüft Mehr Genau (German) KPMG Kommen Prüfen Meckern Gehen Peat Marwick as independent auditors Independent Auditor An external auditor with a certified public accounting designation that qualifies him or her to provide an auditor's report. Notes: These auditors aren't affiliated with the company being audited. for the company was also ratified by a majority of the shareholders present and voting. It was also announced that Richard Laster, 71, retired Chairman, Chief Executive Officer and Director of DNA DNA: see nucleic acid. DNA or deoxyribonucleic acid One of two types of nucleic acid (the other is RNA); a complex organic compound found in all living cells and many viruses. It is the chemical substance of genes. Plant Technology Corporation, has retired from the Board of Directors. A search is in progress for his replacement. Bowater Incorporated is the largest producer of newsprint newsprint low grade paper used for newspapers. Old newspapers are fed to cattle as an alternative roughage and may occasionally be ingested by dogs. Significant amounts of lead are accumulated in tissues; no cases of poisoning have been recorded in cattle, though it has been in the U.S., and also makes coated and uncoated groundwood papers, bleached kraft pulp, continuous computer forms and lumber products. It has five paper mills, eight converting plants and 3.7 million acres of timberlands in the U.S. and Canada. Bowater Incorporated common stock is listed on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. , U.S. regional exchanges, the London Stock Exchange London Stock Exchange London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses. and the Swiss Stock Exchanges. CONTACT: Bowater Incorporated Media Contacts: Robert D. Leahy (803) 282-9571 (Office) (803) 234-0941 (Home) or William B. Kearney (803) 282-9593 (Office) (803) 458-9817 (Home) or Analyst Contact: Donald J. D'Antuono (803) 282-9370 (Office) (803) 234-5899 (Home) |
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