Denali Announces Management Change.HOUSTON--(BUSINESS WIRE)--Nov. 24, 1998--Denali Incorporated (Nasdaq:DNLI) today announced that, due to a deterioration in his health due to cancer, Stephen T. Harcrow will no longer be able to perform his duties as a member of the executive committee, chairman of the board, and chief executive officer of the company. The board of directors of the company appointed an executive committee, comprised of Messrs. Harcrow, J. Taft Symonds and Philip J. Burguieres, who also serve as directors of the company, at the board meeting on Oct. 21, 1998. Messrs. Symonds and Burguieres will continue to perform the administrative responsibilities administrative responsibility Any task or duty related to managing an institution; non-Pt management-related responsibilities of physicians include chart review, participation in the tumor board or tissue committee, etc. Cf Clinical responsibility. of the executive committee and will assume many of the responsibilities previously performed by Mr. Harcrow. Mr. Burguieres has served as chairman and chief executive officer of Cameron Iron Works I´ron works` a. 1. See under Iron, a. os> Inc., Panhandle Eastern Panhandle Eastern Pipe Line Company, LP is a natural gas pipeline which brings natural gas from the panhandle region of Oklahoma east through the Midwest to supply Indiana and Ohio. It is owned by Panhandle Energy - Southern Union Gas Company. Its FERC code is 28. Corporation and Weatherford International Weatherford International Ltd (NYSE: WFT) is one of the world's largest diversified upstream oilfield service companies. Weatherford provides services ranging from directional drilling, open and cased-hole wireline logging to underbalanced systems expertise, drilling, Inc., and is currently chairman emeritus of Weatherford International Inc., and vice chairman of Cogen Technologies Inc. Mr. Symonds was a founding investor of Denali Incorporated and serves as chairman of the board of Tetra Technologies Inc., and Maurice Pincoffs Company Inc., and on the board of Plains Resources Inc. Both Mr. Symonds and Mr. Burguieres also serve on numerous other business and civic boards. Denali Incorporated is a provider of products and services for handling critical fluids. The company is a manufacturer of fiberglass-composite, underground storage tanks An Underground Storage Tank (UST), in United States environmental law, is a tank and any underground piping connected to the tank that has at least 10 percent of its combined volume underground. ; steel, aboveground storage tanks; and engineered, fiberglass-reinforced, plastic-composite products for corrosion-resistant applications. Denali Incorporated is headquartered in Houston, Texas “Houston” redirects here. For other uses, see Houston (disambiguation). Houston (pronounced /'hjuːstən/) is the largest city in the state of Texas and the , and markets its products nationally through its subsidiaries Containment Solutions Inc. (Houston), Ershigs Inc.(Bellingham, Wash.), Fibercast (Tulsa, Okla.), and SEFCO Inc. (Tulsa, Okla.). For more information on Denali Incorporated, please contact Mel Carter Mel Carter (born 22 April 1939, Cincinnati, Ohio) is an American singer. Carter's work was, whilst not the perfect companion to the soul music produced by others during his active artistic output, still representative of the tenor of the genre/time in and of which he sung. (vice president of business development) at 713/627-0933. Or visit the Denali Incorporated Website at www.denaliincorporated.com. NOTE: This news release contains certain forward-looking statements as such term is defined in the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 and information relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the company and its subsidiaries that are based on the beliefs of the company's management as well as assumptions made by and information currently available to the company management. When used in this report, the words, "anticipate," "believe," "estimate," "expect," and "intend" and words or phrases of similar import, as they relate to the company or its subsidiaries or company management, are intended to identify forward-looking statements. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including, without limitations, competitive factors, general economic conditions, customer relations, relationships with vendors, the interest rate environment, governmental regulation and supervision, seasonality, distribution networks, product introductions and acceptance, technological change, changes in industry practices, onetime events and other factors described herein. Based upon changing conditions, should any one or more of these risks or uncertainties materialize, or should any underlying assumptions prove incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected or intended. |
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