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GARDNER APPOINTED PRESIDENT AND COO OF MASCO INDUSTRIES; BILLIG TO BECOME VICE CHAIRMAN

 GARDNER APPOINTED PRESIDENT AND COO OF MASCO INDUSTRIES;
 BILLIG TO BECOME VICE CHAIRMAN
 DETROIT, Oct. 5 /PRNewswire/ -- Lee M. Gardner, 45, has been named president and chief operating officer of Masco Industries, Inc. (NASDAQ-NMS: MASX), succeeding E.H. (Bill) Billig, 65, who, having held the position since 1986, is retiring. Billig will remain on the board of directors, becoming vice chairman, and will consult on certain special projects, including strategic planning.
 Prior to his appointment, Gardner was president - automotive operations for Masco Industries. He joined the company in 1987, and in 1990 assumed responsibility for all of its companies servicing the automotive marketplace. Before joining Masco Industries, he spent 14 years with Borg-Warner Corporation in various senior management positions.
 Gardner holds a master's of business administration degree from the University of Utah, and an undergraduate degree from Missouri State University.
 Billig joined Masco Industries in 1976. He previously was chairman of Consolidated Pneumatic and group president of Chicago Pneumatic, a manufacturer of compressors and pneumatic tools.
 Educated at Loughborough College and Oxford University, Billig holds a degree in mechanical engineering, with post-graduate work in hydraulics and servo mechanisms.
 Masco Industries, headquartered in Taylor, Mich., manufactures custom-engineered and other commercial specialty industrial products.
 -0- 10/5/92
 /CONTACT: Tony Petrucci, 313-567-5007, or Lee Ann Welsh, 313-567-5087, both of Anthony M. Franco, Inc., for Masco Industries/
 (MASX) CO: Masco Industries, Inc. ST: Michigan IN: AUT SU: PER


SB -- DE036 -- 6789 10/05/92 17:18 EDT
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Publication:PR Newswire
Date:Oct 5, 1992
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