Borman group takes charge of Todd Shipyard Corp. board.Borman group takes charge of Todd Todd , Sir Alexander Robertus 1907-1997. British chemist. He won a 1957 Nobel Prize for his study of nucleic acids and nucleotide structures. Shipyard Corp. board Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. investor Burton Borman took control of Todd Shipyards Todd Shipyards is a shipyard company that has been in business since 1916. They are located on Harbor Island, North America's largest man-made island, in Seattle, Washington. They have other locations in California. Corp.'s board of directors Sept. 16 after convincing shareholders to vote for eight new directors he backed for the nine-member board. The panel subsequently elected him chairman and 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. . His Borman Group holds a 5.1 stake in the Seattle-based shipbuilder, which for decades operated the Todd Shipyards operation in San Pedro until it closed in 1989. |
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