Olin Board Elects William J. Alley a Director.
STAMFORD, Conn.--(BUSINESS WIRE)--Feb. 23, 1995--The Board of Directors of Olin Corp. has elected William J. Alley, former chairman and chief executive officer of American Brands Inc., as director of the corporation. With his election, Olin's board now numbers 13 persons.
Alley served as chairman of the board, chief executive officer and chairman of the executive committee of American Brands, a Fortune 100 company headquartered in Old Greenwich, Conn., from 1987 until he retired in 1994. He continues to serve as a member of the board and chairman of the executive committee. American Brands' major businesses include international tobacco, distilled spirits, hardware and home improvement products, office products, and golf and leisure products.
He began his career as an attorney and assistant actuary for the Oklahoma State Insurance Board, following service in the U.S. Air Force. In 1957, Alley joined the Pioneer American Insurance Co. of Fort Worth, Texas Fort Worth is the fifth-largest city in the state of Texas, 18th-largest city in the United States, and voted one of "America’s Most Livable Communities. , advancing to the rank of Senior Vice President - Marketing, before joining the Franklin Life Insurance Co. as a Vice President. In 1976, he was elected Franklin's 10th president and chief executive officer and one year later was elected Chairman, positions he held until 1986 and 1987, respectively. With the acquisition of Franklin by American Brands in 1979, Alley was elected to American's board of directors. He was named to the executive committee in 1981; and was elected senior vice president - strategic planning in 1983, senior vice president and chief financial officer in 1985, vice chairman in 1986 and chief operating officer Chief Operating Officer (COO)
The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. in May, 1987.
Alley received the CLU (language) CLU - (CLUster) An object-oriented programming language developed at MIT by Liskov et al in 1974-1975.
CLU is an object-oriented language of the Pascal family designed to support data abstraction, similar to Alphard. designation from the American College of Underwriters and served on the board of trustees board of trustees Politics The posse of thugs who oversee an institution's administration. See Board of directors. of the S.S. Huebner Foundation. He is a former member of the board of governors of International Insurance Society and is an emeritus elector elector
Prince of the Holy Roman Empire who had a right to participate in electing the German emperor. Beginning c. 1273, and with the confirmation of the Golden Bull, there were seven electors: the archbishops of Trier, Mainz, of the Insurance Hall of Fame The Insurance Hall of Fame is an international list of business leaders in the insurance field. It was founded in 1957 and now has more than 100 inductees; it is kept by the University of Alabama in the United States. . He serves on the boards of directors of Central Illinois Public Service Co., CIPSCO Inc., Bunn-O-Matic Corp., Rayonier Corp. and Rayonier Forest Resources Co. He is also a senior member of the Conference Board.
A native of Texas, Alley received his BBA BBA
Bachelor of Business Administration degree from the University of Oklahoma University of Oklahoma, abbreviated OU, is a coeducational public research university located in the U.S. state of Oklahoma. Founded in 1890, it existed in Oklahoma Territory near Indian Territory 17 years before the two became the state of Oklahoma. School of Business in 1951 and a Juris Doctor degree from the University of Oklahoma School of Law in 1954. He was named an Arthur Barto Adams Alumni Fellow by the Oklahoma College of Business Administration and is a member of the Oklahoma Bar Association.
Alley resides in Connecticut with his wife, Deborah. They have five children.
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