Carter-Wallace Board elects Ralph Levine President/Chief Operating Officer.NEW YORK--(BUSINESS WIRE)--SEPTEMBER 20, 1996--Carter-Wallace, Inc. (NYSE NYSE See: New York Stock Exchange :CAR) today announced that its Board of Directors has elected Ralph Levine, 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. , effective April 1, 1997. He will succeed Daniel J. Black who is retiring on March 31, 1997. Mr. Levine, 60, is currently vice president, secretary and general counsel for the Company. In his new position, he will report to Henry H. Hoyt, Jr., chairman of the board and chief executive officer. Mr. Levine has been with Carter- Wallace Wal·lace , Alfred Russel 1823-1913. British naturalist who developed a concept of evolution that paralleled the work of Charles Darwin. for 34 years. At the same time, the board elected Paul A. Veteri to be executive vice president and chief financial officer, effective April 1, 1997. Mr. Veteri, 54, is currently vice president, finance and chief financial officer. He has been with the Company for 20 years and in his new position, he will report to Ralph Levine. Carter-Wallace, Inc. markets toiletries toi·let·ry n. pl. toi·let·ries An article, such as toothpaste or a hairbrush, used in personal grooming or dressing. toiletries npl → artículos mpl de aseo (= , proprietary drugs, pharmaceuticals, diagnostic specialties and pet products. CONTACT: Ruder Finn Ruder Finn is an United States public relations firm founded in 1948 by David Finn and William Ruder. Ruder Finn is a privately held, family-owned company that employs more than 450 people. , Inc. Peter Kohn, 212/593-6321 |
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