Board of Directors of Chenal Properties Announces President and Chief Operating Officer.Business Editors EL DORADO, Ark.--(BUSINESS WIRE)--Dec. 17, 2003 The Board of Directors of Chenal Properties, Inc., a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Deltic Timber Corporation (NYSE NYSE See: New York Stock Exchange :DEL), is pleased to announce the election of Jack R. McCray to the position of President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. and as a member of its Board. Mr. McCray has been employed by Deltic since January 3, 1989, and currently serves as Deltic's General Manager, Real Estate segment, and Vice President of Chenal Properties. From its very early stages, he has been a major driving force in the highly successful development of Chenal Valley in Little Rock, Arkansas Little Rock, Arkansas required military intervention to desegregate schools (1957–1958). [Am. Hist.: Van Doren, 556–557] See : Bigotry and Red Oak Ridge in Hot Springs, Arkansas Hot Springs is the tenth most populous city in the state of Arkansas in the United States of America, the county seat of Garland County, Arkansas, and the principal city of the Hot Springs Metropolitan Statistical Area encompassing all of Garland County. . Ray C. Dillon, President and Chief Executive Officer of Deltic, commented, "While I have been with the Company for only a short time, it is evident to me that Jack deserves and has earned this promotion and recognition for his tremendous efforts on behalf of Deltic and Chenal Properties. As we look to the future, we are confident Jack will continue to provide the leadership and vision to establish Chenal Valley's preeminent qualities to Deltic's current and future real estate developments." Deltic Timber Corporation is a natural resources company focused on the ownership and management of timberland. The company owns 435,000 acres of timberland, operates two sawmills, and is engaged in real estate development. Headquartered in El Dorado, Arkansas El Dorado (pronounced to rhyme with 'tornado' (IPA: [εl doˈreɪdoʊ] or [εl dəˈreɪdə])) is a city in Union County, Arkansas, USA. According to 2006 Census Bureau estimates, the population of the city is 20,467. , the Company's operations are located primarily in Arkansas and north Louisiana. |
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