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Champion elects Olson and Nichols to top positions.


STAMFORD, Conn.--(BUSINESS WIRE)--June 4, 1996--Champion International Corporation today announced that the Board of Directors has elected Richard E. Olson as Chairman and Chief Executive Officer and Kenwood C. Nichols as Vice Chairman and Executive Officer effective October 1. Mr. Olson and Mr. Nichols will succeed Andrew C. Sigler and L.C. Heist as the senior officers of the company. Mr. Sigler, Chairman and Chief Executive Officer, and Mr. Heist, 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.
, will relinquish their Board responsibilities and retire from the company after 40 and 39 years of service, respectively.

Mr. Olson, 58, is currently an Executive Vice President of Champion with responsibility for engineering, technology, manufacturing support and major projects. He joined Champion in 1967 as a senior project engineer. During his career at Champion, Mr. Olson has been operations manager See datacenter manager.  at the Courtland, Alabama Courtland is a town in Lawrence County, Alabama, and is included in the Decatur Metropolitan Area, as well as the Huntsville-Decatur Combined Statistical Area. As of the 2000 census, the population of the town is 769.  pulp and paper mill and Champion's former pulp and paper mill in Pasadena, Texas. In addition, he has overseen many of the company's major capital projects and technology functions. He also has held senior positions in the printing and writing papers and newsprint and kraft operations.

Olson received an A.B. in chemistry from Knox College Knox College can refer to:
  • Knox College — a four-year coeducational private liberal arts college located in Galesburg, Illinois, USA;
  • Knox College — in Dunedin, New Zealand.
 and a Ph.D. in paper chemistry from the Institute of Paper Science and Technology.

Mr. Nichols, 56, has served as Vice Chairman of Champion since 1989 with responsibility for, among other things, strategic planning Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people. , finance, control and management information systems. Mr. Nichols joined Champion as director of planning for its timberlands operation in 1972 and assumed responsibility for corporate planning in 1974. He was elected a senior vice president in 1983.

Mr. Nichols received a B.S. degree in forest management from Auburn University Auburn University, main campus at Auburn, Ala.; land-grant and state supported; opened 1859 as East Alabama Male College, reorganized 1872 as the Agricultural and Mechanical College of Alabama; became coeducational 1892; renamed Alabama Polytechnic Institute 1899,  and an M.S. degree in business management from Duke University.

In addition, Mr. Olson was elected as a member of the Board of Directors effective today. Mr. Nichols has served on the Board since 1989.

Headquartered in Stamford, Connecticut Stamford is a city in Fairfield County, Connecticut, United States. According to 2006 Census Bureau estimates, the population of the city is 119,261, making it the fourth largest city in the state. , Champion is one of America's leading manufacturers of paper for business communications, commercial printing, publications and newspapers, and also is a major manufacturer of pulp, plywood, and lumber. The company and its subsidiaries own or manage several million acres of forestlands in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Canada, and Brazil.

CONTACT: Champion International Corp., Stamford

Bob Turner, 203/358-6707
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 4, 1996
Words:378
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