Daryl David named senior vice president.NASHVILLE, Tenn.--(BUSINESS WIRE)--June 19, 1996--MagneTek, Inc. (NYSE NYSE See: New York Stock Exchange : MAG) has announced the appointment of Daryl D. David to the new position of senior vice president in charge of human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. and administration. The announcement was made by Ronald N. Hoge, MagneTek's president and chief executive officer. David, 42, comes to MagneTek from AlliedSignal Inc. (NYSE: ALD ALD abbr. adrenoleukodystrophy ALD, n.pr See adrenoleukodystrophy. ALD aldolase. ), where he has been Vice President of Human Resources of the Aerospace Equipment Systems Division since 1994. The division employs more than 9,000 people and accounts for $1.7 billion in annual sales. From 1992 to 1994, he was Avionics Group Director of Human Resources and Section Director of Labor Relations for AlliedSignal Aerospace. From 1981 to 1992, David held several domestic and international human resource posts with General Mills Inc. (NYSE: GIS). He served as General Mills' chief human resource officer during a period of significant expansion, managing the company's implementation of new work designs, and gained national recognition for innovation in high-performance work systems. Prior to 1981, he served in progressive human resource positions with Weyerhaeuser Co. (NYSE: WY) in the southern United States The Southern United States—commonly referred to as the American South, Dixie, or simply the South—constitutes a large distinctive region in the southeastern and south-central United States. . David was graduated from Whitworth College, Spokane, Wash., with a Bachelor's degree in Business in 1976. He received his MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration from the University of St. Thomas University of St. Thomas can refer to:
"Based on his experience and success with three of America's leading companies in three different industries, Daryl adds a critical dimension to MagneTek management," Hoge said. "Not only is he an innovator in his field; he understands and practices the full meaning of `human resources,' which is far more than staffing and labor relations -- and is usually the winning edge in business." A leading manufacturer of Energy Engineered(TM) electrical equipment (motors, generators, drives, lighting ballasts, transformers and power supplies), MagneTek reported sales of $1.2 billion and earnings of $.87 per share for its fiscal year ended June 30, 1995. CONTACT: MagneTek, Inc., Nashville Robert Murray, 615/316-5270 or bmurray@magnetek.com |
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