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'Tapping into the expertise.' (chief executive officers elected as corporate directors) (Welcome to the Board) (Column)

As the results of the latest Korn/Ferry study of boards of directors indicate, chief executives of other companies continue to be the most prevalent and most sought-after individuals for the position of outside director. Listed below is a selected sample of CEOs, as well as other executives, who have recently been elected to corporate boards.

Didier Pineau-Valencienne, chairman and CEO of Schneider SA, was elected to the boards of Bankers Trust New York Corp. and Whirlpool Corp. Pineau-Valencienne joined Schneider, which is a global leader in supplying electrical equipment and general contracting services, in 1981 as president. Previously, he served with Rhone-Poulenc SA, the French chemical group. He had already been a member of the European Advisory Board of Bankers Trust. For Whirlpool, his appointment is part of the Benton Harbor, Mich., home appliance manufacturer's continuing evolution into a truly global company, according to Chairman and CEO Dave Whitwam. Says Whitwam, "Being a global player means more than just doing business in many national markets. It means tapping into the knowledge and expertise of people with different experiences in order to most effectively manage your company."

Donald H. Rumsfeld, chairman and CEO of General Instrument Corp., has been added to the board of Tribune Co., the Chicago-based information and entertainment company. Rumsfeld's career has included key posts in public service -- congressman, presidential cabinet officer, U.S. ambassador -- as well as the private sector. He was CEO of G.D. Searle from 1977 to 1985 and a senior advisor to William Blair & Co. from 1985 to 1990, prior to joining General Instrument, which manufacturers products for the broadcasting industry.

Alfred M. Zeien, chairman and CEO of Gillette Co., was named to the board of Raytheon Co., Lexington, Mass. Zeien began his career with Gillette in 1968, rising to president and COO in January 1991. The next month, following the sudden death of Chairman Colman Mockler, he was appointed to the top posts. Zeien is also a director of Bank of Boston, Polaroid Corp., Massachusetts Mutual Life Insurance Co., and Repligen Corp. Raytheon operates in four business segments: electronics, aircraft products, energy and environmental, and major appliances.

Norman P. Blake Jr., chairman, president, and CEO of USF&G Corp., joined the board of Owens-Corning Fiberglas Corp., Toledo, Ohio. Prior to joining USF&G in November 1990, Blake was chairman and CEO of Heller International Corp., a wholly owned subsidiary of The Fuji Bank Ltd. of Tokyo.

Jerry W. Levin, president and CEO of Revlon Inc., was elected a director of Ecolab Inc., St. Paul, Minn. Prior to joining Revlon as president in April 1991, Levin was chairman of Colman Holdings, the parent company of Colman Co. Inc., and executive vice president of MacAndrews & Forbes. Previously, he served in a number of senior executive positions with the Pillsbury Co. Ecolab supplies cleaning and maintenance products for the institutional and industrial markets.

C. Robert Kidder, chairman and CEO of Duracell International, joined the board of General Signal Corp., Stamford, Conn. Kidder joined Duracell in 1980, has been CEO since 1988, and was named chairman shortly after the firm went public in 1991. General Signal is a manufacturer of equipment for the electrical, semiconductor, and telecommunications industries.

L.C. van Wachem, who just retired on June 30 as president of the Royal Dutch Petroleum Co. and chairman of Shell Oil Co. -- USA, was elected to the board of IBM Corp., Armonk, N.Y. Born in Indonesia, van Wachem began his career as a petroleum engineer for the Royal Dutch/Shell Group in 1953. Upon his retirement, he became chairman of the supervisory board of Royal Dutch Petroleum.

Richard Braddock, president, COO, and a director of Citicorp and its principal subsidiary, Citibank, was named to the board of Lotus Development Corp., Cambridge, Mass. Braddock joined Citicorp in 1973 and became president in January 1990. He began his business career in consumer goods marketing, including a number of years in product management at General Foods. He is also a director of Eastman Kodak Co. Lotus provides software products and services.

William N. Kelley, chief executive of the University of Pennsylvania Medical Center and executive vice president of the University of Pennsylvania, joined the board of Merck & Co. Inc., Rahway, N.J. Dr. Kelley also serves as dean of the university's School of Medicine.

Meyer Feldberg, dean of the Columbia Business School at New York's Columbia University, was elected to the board of Federated Department Stores Inc., Cincinnati, Ohio. A native of Johannesburg, South Africa, Feldberg came to Columbia in 1989. Prior to his current position he was president of the Illinois Institute of Technology.

Samuel Hellman, dean of the division of biological sciences and the Pritzker School of Medicine at the University of Chicago, joined the board of Varian Associates Inc. Dr. Hellman is an internationally recognized expert on radiation therapy, breast cancer, and Hodgkin's Disease. Varian, of Palo Alto, Calif., is the wold's leading producer of medical linear accelerators for the treatment of cancer and is also the largest commercial supplier of X-ray tubes for diagnostic applications.

And another dean, Thomas F. Keller of the Fuqua School of Business at Duke University, joined the board of American Business Products Inc., Atlanta. Dr. Keller joined the Duke faculty in 1959. He also serves on the boards of Mebane Packaging Corp., LADD Furniture Inc., and Wendy's International Inc.

William H. Webster joined the board of Pinkerton Security and Investigation Services, Van Nuys, Calif. Webster was director of the Federal Bureau of Investigation from 1978 to 1987, followed by service as director of the Central Intelligence Agency until 1991. He is now a senior partner with the law firm of Milbank, Tweed, Hadley & McCloy in its Washington, D.C., office. Founded by the "original private eye," Allan Pinkerton, in 1850, Pinkerton is one of the world's largest and perhaps best known contract security services.

Kay Koplovitz, founder, president and CEO of USA Network, one of the cable television's highest-rated programming services, was elected to the board of Liz Claiborne Inc., New York. Koplovitz is also president and CEO of the Sci-Fi Channel, a new cable channel being launched this year. She also services as a director of General Re Corp.

Takashi Kawada, a senior managing director at Matsushita Communication Industrial Co. Ltd., was elected to the board of Fleet Call Inc., Rutherford, N.J. Kawada is head of the information and communications sector of Matsushita, which includes radio telecommunications and other communication and information systems divisions. Matsushita is a leading supplier of telecommunications equipment, including cellular telephones and two-way radio equipment. Fleet Call is the second-largest owner and operator of specialized mobile radio systems in the U.S.

Tamara J. Erickson, vice president and a managing director of Arthur D. Little Inc., was appointed to the board of Allergan Inc., Irvine, Calif. She has extensive experience working with health care companies around the world on issues of strategy and organization, with particular emphasis on the management of technology. Allergan is a leading provider of eye care and skin care products.

Frank T. Cary, retired chairman and CEO of International Business Machines Corp., and Walter B. Wriston, retired chairman and CEO of Citicorp, have joined the board of Cygnus Therapeutic Systems. The Redwood City, Calif., company is an innovator in the development of advanced transdermal drug delivery systems. Its nicotine transdermal product, Nicotrol, was recently launched into the rapidly expanding nicotine patch market. Cary, who served as IBM's CEO for eight years, is also a director of Capital Cities/ABC Inc., Texaco Inc., and several other companies. Wriston served as CEO of Citicorp for 17 years and is currently a director of General Electric Co. and Tandem Computers Inc., among other companies.
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Publication:Directors & Boards
Article Type:Column
Date:Sep 22, 1992
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