Printer Friendly

FAY'S INCORPORATED ELECTS D.H. PANASCI EXECUTIVE VICE PRESIDENT AND J.K. WHITEHEAD PRESIDENT OF THE PAPER CUTTER DIVISION

 FAY'S INCORPORATED ELECTS D.H. PANASCI EXECUTIVE VICE PRESIDENT
 AND J.K. WHITEHEAD PRESIDENT OF THE PAPER CUTTER DIVISION
 LIVERPOOL, N.Y., July 24 /PRNewswire/ -- The board of directors of Fay's Incorporated (NYSE: FAY) today announced the election of David H. Panasci, 33, as executive vice president of the company. John K. Whitehead was elected president of the company's Paper Cutter Division, the position previously held by Panasci. Panasci and Whitehead will report to Daniel J. O'Leary, the company's president and chief operating officer.
 Panasci has been employed by Fay's since 1977 and, prior to serving as president of the company's Paper Cutter Division, held the positions of vice president - corporate development and vice president - real estate. Reporting to Panasci, in his new position, will be the heads of the company's personnel, real estate, training, market research, and advertising departments. Panasci also serves as a member of Fay's board of directors.
 Whitehead joined Fay's in 1991 as director of marketing for the company's Paper Cutter Division. Previously Whitehead was employed by Sears Roebuck and Company. While at Sears, Whitehead served as president of Sears' McKids Specialty Store Division and as national marketing manager of the Sears Retail Store Division.
 The Paper Cutter Division currently operates 33 outlets that specialize in the retailing of office supplies, books, party supplies and greeting cards. Major markets served by The Paper Cutter include Syracuse, N.Y.; Rochester, N.Y.; Philadelphia; Buffalo, N.Y; and Albany, N.Y.
 In addition to its Paper Cutter stores, Fay's currently operates 254 drug stores in the states of New York, Pennsylvania, New Hampshire and Vermont and 28 Wheels Discount Auto Supply Stores in upstate New York.
 -0- 7/24/93
 /CONTACT: Henry A. Panasci, Jr., chairman of the board of Fay's Incorporated, 315-451-8000/
 (FAY) CO: Fay's Incorporated ST: New York IN: REA SU: PER


BM -- CL006 -- 2990 07/24/92 11:18 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jul 24, 1992
Words:315
Previous Article:JURY FINDS EPE NOT GUILTY OF CRIMINAL CHARGES
Next Article:CAMBREX REPORTS QUARTERLY DIVIDEND
Topics:


Related Articles
GARY L. MOREAU ELECTED TO FAY'S BOARD OF DIRECTORS
FAY'S INCORPORATED NAMES OFFICERS
REPEATING FROM EARLIER TODAY: FAY'S INCORPORATED NAMES OFFICERS
O'LEARY RESIGNS AS PRESIDENT AND CHIEF OPERATING OFFICER OF FAY'S INCORPORATED
ROBERT J. BENNETT ELECTED TO BOARD OF DIRECTORS OF FAY'S INCORPORATED
FAY'S INCORPORATED ELECTS DAVID B. EILERMAN TO HEAD NEW MAIL ORDER PHARMACY SERVICES DIVISION
FAY'S INCORPORATED ELECTS BETSI O'NEILL VICE PRESIDENT - ADVERTISING AND PROMOTION
DAVID H. PANASCI ELECTED PRESIDENT AND CHIEF OPERATING OFFICER OF FAY'S INCORPORATED
ALAIR A. TOWNSEND AND LEE H. FLANAGAN ELECTED TO BOARD OF DIRECTORS OF FAY'S INCORPORATED
FAY'S ELECTS TWO SENIOR VICE PRESIDENTS AND NEW VICE PRESIDENT

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters