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DIGITAL EQUIPMENT ELECTS PALMER PRESIDENT AND CHIEF EXECUTIVE OFFICER, AND A MEMBER OF THE BOARD OF DIRECTORS

DIGITAL EQUIPMENT ELECTS PALMER PRESIDENT AND CHIEF EXECUTIVE OFFICER,
 AND A MEMBER OF THE BOARD OF DIRECTORS
 MAYNARD, Mass., July 22 /PRNewswire/ -- Digital Equipment Corporation (NYSE: DEC) announced today, as expected, that its board of directors has elected Robert B. Palmer president, chief executive officer, and a member of Digital's board of directors. Palmer's membership on the board of directors is effective immediately. He will assume the positions of president and chief executive officer effective Oct. 1, 1992, when Kenneth H. Olsen retires.
 In connection with Ken Olsen's plan to retire, Digital's board of directors released the following statement:
 Ken Olsen is a computing pioneer and has made
 unprecedented contributions to the industry. Throughout
 his long and distinguished career he has won the respect
 and admiration of employees, customers, and business
 partners.
 When he started Digital, he took on the enormous
 challenge of converting the world to a revolutionary style
 of interactive computing. His creativity and success in
 doing this and building Digital are unparalleled achievements.
 Ken's leadership has made computing approachable and affordable.
 This vision is the foundation of Digital.
 Ken's vision attracted and challenged some of the most
 talented people in the industry. One of them, Bob Palmer,
 will succeed Ken. We have observed Bob for many years.
 We are confident that he and his management team will
 build aggressively and creatively on the Ken Olsen legacy.
 Olsen founded Digital in 1957, and has been its only chief executive officer. He is a member of the boards of directors of Polaroid Corporation and Ford Motor Company; the Corporation of MIT, Cambridge, Mass.; board of trustees, Gordon College, Wenham, Mass.; the Corporation of Wentworth Institute, Boston; and a Deacon of Boston's Park Street Church.
 Digital Equipment Corporation, headquartered in Maynard, Mass., is the leading worldwide supplier of networked computer systems, software and services. Digital pioneered and leads the industry in interactive, distributed and multivendor computing. Digital and its partners deliver the power to use the best integrated solutions -- from desktop to data center -- in open information environments.
 -0- 7/22/92
 /CONTACT: Dallas Kirk of Digital Equipment, 508-493-4562/
 (DEC) CO: Digital Equipment Corporation ST: Massachusetts IN: CPR SU: PER


SH -- NE018 -- 2112 07/22/92 16:36 EDT
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Publication:PR Newswire
Date:Jul 22, 1992
Words:369
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