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ALLEGHANY ELECTS JAMES W. WILL TO BOARD OF DIRECTORS

 ALLEGHANY ELECTS JAMES W. WILL TO BOARD OF DIRECTORS
 NEW YORK, June 16 /PRNewswire/ -- James W. Will, president and chief


operating officer of Armco Inc., was today elected to the board of directors of Alleghany Corporation (NYSE: Y), F. M. Kirby, chairman of the board of Alleghany, announced today.
 Will joined Armco in April, when Cyclops Industries, of which he had been president and chief executive officer since 1989, was acquired by Armco. He joined Cyclops Industries in 1982 as executive vice president of steel operations.
 Born in Pittsburgh in 1938, Will is a graduate of St. Vincent College and Pennsylvania State University with a B.S. in electrical engineering. He also holds an M.B.A. from Duquesne University.
 Will serves as a trustee or board member of Pittsburgh's Duquesne Club, Penn's Southwest Association, the United Way of Allegheny County, the Allegheny Trails Council of the Boy Scouts of America, the Greater Pittsburgh Chamber of Commerce, Psychological Services of Pittsburgh, St. Clair Hospital, and St. Vincent College, where he is chairman of the school's board of directors.
 Alleghany Corporation, headquartered in New York, is engaged, through its subsidiaries Chicago Title and Trust Company, Sacramento Savings Bank and World Minerals Inc., in the businesses of title insurance, investment management, retail banking and industrial minerals. In addition, Alleghany conducts a steel fastener importing business though its Heads and Threads division.
 -0- 6/16/92
 /CONTACT: T. C. Thomsen of Alleghany, 914-763-8030/
 (Y) CO: Alleghany Corporation ST: New York IN: INS SU: PER


GK-LR -- NY060 -- 0788 06/16/92 15:56 EDT
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Publication:PR Newswire
Date:Jun 16, 1992
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