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FIBREBOARD ANNOUNCES APPOINTMENT OF

 CONCORD, Calif., Oct. 12 /PRNewswire/ -- Fibreboard Corp. (AMEX: FBD) announced today that Michael R. Douglas has been promoted to senior vice president in addition to his duties as general counsel and secretary.
 Since joining Fibreboard in 1987 Douglas has supervised all of the legal affairs of the company, including the company's asbestos litigation. Douglas has been instrumental in the negotiations of Fibreboard's widely acclaimed proposed asbestos personal injury settlement agreement between Fibreboard, its insurers and plaintiffs' representatives.
 Prior to his coming to Fibreboard he served as director of law for the Asbestos Claims Facility in Pleasanton, Calif. Douglas earned his law degree from George Washington University.
 "Mike has done a tremendous job in guiding the delicate negotiations of Fibreboard's proposed asbestos personal injury settlement agreement. He has fully dedicated himself to these negotiations over a period of several years. Mike will continue to play a key role on the corporate front in shaping the evolution and development of Fibreboard as we focus on the future," said John D. Roach, Fibreboard chairman and president.
 Fibreboard Corp., whose headquarters will soon move to Walnut Creek, Calif., owns more than 80,000 acres of timberland in the Sierra Nevada mountains and manufactures lumber, hardwood plywood, moulding and millwork, agricultural container components, precision molded industrial insulation and fireproofing materials. Its Resort Operations Group owns and operates Northstar-at-Tahoe, an all season resort featuring skiing, golfing and a conference center, and Sierra-at-Tahoe, a day ski facility, both located in the Sierra Nevada mountains of California.
 (FBD)
 -0- 10/12/93
 /CONTACT: Stephen L. DeMaria of Fibreboard, 510-686-0700/


CO: Fibreboard ST: California IN: PAP SU: PER

PK -- SF011 -- 1299 10/12/93 16:46 EDT
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Publication:PR Newswire
Date:Oct 12, 1993
Words:278
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