Central Louisiana Electric elects new director.PINEVILLE, La.--(BUSINESS WIRE)--Sept. 27, 1996--The board of directors of Central Louisiana Electric Co. Inc. (NYSE NYSE See: New York Stock Exchange : CNL CNL CityNightLine (German Rail) CNL Cancel CNL Clinical Nurse Leader Cnl Colonel CNL Center for Naval Leadership CNL Compensated Neutron Log (oil industry) ) has elected William H. Walker Jr. of New Orleans a director of the corporation, announced Gregory L. Nesbitt, president and chief executive officer. Walker is president of Howard, Weil, Labouisse, Friedrichs Inc., an investment banking firm that is headquartered in New Orleans. "We are fortunate to have a person of Mr. Walker's experience join the CLECO CLECO Central Louisiana Electric Co-Op board," Nesbitt said. "His expertise in the field of investment banking will be of great value to us in the years ahead." Walker graduated from high school in Yazoo City, Miss., in 1963, and from Mississippi State University Mississippi State University, at Mississippi State, near Starkville; land-grant and state supported; coeducational; chartered 1878 as an agricultural and mechanical college, opened 1880. From 1932 to 1958 it was known as Mississippi State College. in 1967. After working in computer sales with IBM, he entered the U.S. Army in 1968 as an officer in the Adjutant General's Corp. He taught at the U.S. Army War College The United States Army War College is a United States Army school located in Carlisle, Pennsylvania, on the 500 acre (2 km²) campus of the historic Carlisle Barracks, a military post dating back to the 1770s. and served in Vietnam, Hawaii, Panama, Japan and Korea. After military service, Walker again entered the computer sales field in 1970. He began his career in the securities business in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. in 1972. He has since been involved in many aspects of the securities business, including sales, trading, research and investment banking as to both debt and equity related instruments. Walker joined Howard, Weil in 1976 and was named president in 1990. Central Louisiana Electric Co. Inc. operates solely in Louisiana as an electric utility serving approximately 222,000 customers in 23 of the state's parishes. CONTACT: CLECO, Pineville Michael P. Prudhomme, 318/484-7649 or: Rodney J. Hamilton, 318/484-7593 or Loring Group, New York Division of Johnnie D. Johnson & Co. Inc. 212/943-0620 |
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