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DHL Airways Names Guinasso CEO.


REDWOOD CITY Redwood City, city (1990 pop. 66,072), seat of San Mateo co., W Calif., on San Francisco Bay; inc. 1868. Manufactures include commmunications, electrical, electronic, and medical equipment. , Calif.--(BUSINESS WIRE)--July 14, 1999--

Victor Guinasso, 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.
 of DHL DHL
abbr.
1. Doctor of Hebrew Letters

2. Doctor of Hebrew Literature
 Airways, Inc., has been named chief executive officer of the company effective August 1, 1999. Guinasso will lead the 10,000 employees comprising the U.S. operations of the world's leading international air express network, DHL Worldwide Express. He succeeds Patrick Foley, who is retiring after serving as 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.  of DHL Airways since 1988. Foley will continue as chairman of the board of directors of the company through the end of 1999.

"With more than 17 years of experience in the international air express industry, Vic is uniquely qualified to lead DHL at a time of unprecedented change in the industry," said Foley in announcing the appointment.

Prior to his appointment as president of DHL Airways in 1996, Guinasso, 44, held several senior management positions within DHL, including chief financial officer. Guinasso earned his undergraduate degree “First degree” redirects here. For the BBC television series, see First Degree.

An undergraduate degree (sometimes called a first degree or simply a degree
 from the University of San Francisco     [ , and he attended Stanford University's Executive Program at the Graduate School of Business.

Foley joined DHL in September 1988, with more than 30 years of experience in the hotel and airline industries. Prior to joining DHL, Foley held senior management positions at Hyatt Hotels, including chief operating officer from 1972 to 1977 and chairman and president from 1977 to 1988. Foley also served as chief executive officer of Braniff Airlines, a Hyatt subsidiary, from 1984 until 1988.

DHL Worldwide Express is composed of DHL Airways, Inc., which serves all locations in the U.S. and its territories; and DHL International, Ltd. and its agents and affiliated companies Affiliated Companies

A situation that occurs when one company owns a minority interest (less than 50%) in another company.

Also refers to companies that are related to each other in some way.

Notes:
An affiliated company is sometimes referred to as a subsidiary.
, which serve all locations outside the U.S. and its territories. DHL Worldwide Express is the world's largest and most experienced international air express network, linking more than 635,000 destinations in more than 220 countries. Visit the DHL website at http://www.dhl.com.

Editor's Note: Photos are available in digital or hard copy format.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jul 14, 1999
Words:324
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