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Candies Nominated to Serve on Hibernia's Board of Directors.


Business Editors

NEW ORLEANS--(BUSINESS WIRE)--March 18, 2002

Hibernia (NYSE NYSE

See: New York Stock Exchange
: HIB Hib
abbr.
Haemophilus influenzae type b
) today announced that Paul Candies has been nominated nom·i·nate  
tr.v. nom·i·nat·ed, nom·i·nat·ing, nom·i·nates
1. To propose by name as a candidate, especially for election.

2. To designate or appoint to an office, responsibility, or honor.
 to serve his first term as a director of the company. The nomination is subject to approval by shareholders at Hibernia's annual meeting of shareholders April 17.

Candies, 61, is president of Otto Candies, L.L.C., a marine transportation company with a fleet of more than 100 vessels serving the offshore oil and gas industry worldwide. He joined the company in 1962 and served in a number of positions before being named president in 1991.

Candies served for 30 years on the board of ArgentBank, which was headquartered in Thibodaux, La., and had $805 million in assets. ArgentBank merged with Hibernia in 1998. Since the merger, Candies has served on Hibernia's Thibodaux city board of directors.

"Paul Candies is a highly respected businessman and a leader in one of our region's key industries," said Robert H. Boh, Hibernia's chairman. "He is committed to the continued economic growth of our region, and the extensive banking knowledge he gained from serving on ArgentBank's board will serve Hibernia well."

A native of Des Allemands, La., Candies received a bachelor's degree in business administration from Southeastern Louisiana University Southeastern Louisiana University is a state-funded public university that is located in the city of Hammond, Louisiana. It was originally founded in 1925 by Linus A. Sims, the principal of Hammond High School, as Hammond Junior College, located in a wing of the high school  in 1962.

Hibernia, a Forbes 500 company, has $16.6 billion in assets and 258 locations in 34 Louisiana parishes, 16 Texas counties and two Mississippi counties Mississippi County is the name of several counties in the United States:
  • Mississippi County, Arkansas
  • Mississippi County, Missouri
. Hibernia Corporation's common stock (HIB) 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.
. News releases, product and service information, and other useful data are available at www.hibernia.com. Requests for information about products and services can be e-mailed to mailus@hibernia.com.
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Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Mar 18, 2002
Words:275
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