DOUGLAS GRINDSTAFF NAMED GENESCO PRESIDENT
DOUGLAS GRINDSTAFF NAMED GENESCO PRESIDENT NASHVILLE, Tenn., April 22 /PRNewswire/ -- GENESCO Inc.
(NYSE: GCO) today announced the appointment of E. Douglas Grindstaff as president and chief operating officer and his election to the Board of Directors.
A vice president of Procter & Gamble, Grindstaff has for the past six months been president of the Procter & Gamble Cellulose Company in Memphis, Tenn. Previously, he was president of Procter & Gamble Canada where he was responsible for Procter & Gamble's billion dollar consumer goods business. While in Canada, Grindstaff managed the rapid expansion of Procter & Gamble's sales and profits and last year led the acquisition of Facell, Canada's second largest paper towel and tissue company. In 1991, he was named "Marketer of the Year" in Canada by the Toronto American Marketing Association. "We have been searching for the right candidate," William S. Wire II, GENESCO Chairman and CEO, said. "We are pleased and excited to have Doug join us. He brings to GENESCO an impressive track record of manufacturing, marketing and people management successes. "While I will continue to have overall responsibility for the Company, Doug will assume the key job of managing the company's day-to-day operations and marketing efforts. We will work together on long-term strategy and planning," Wire said. "Our goal is to achieve the growth and profitability needed to make GENESCO once again a major growth company. Doug's skills and leadership ability will play a major part in this effort," Wire concluded. "I'm looking forward to joining GENESCO," Grindstaff said. "This company has a fine heritage, strong brands, and good people. That's a perfect formula for building a strong growth company." A native of Knoxville, Tenn., Grindstaff graduated from the University of Tennessee with a bachelor of science degree in electrical engineering. GENESCO, headquartered in Nashville, Tenn., is a consumer products company with operations concentrated in footwear and men's apparel. -0- 4/22/92 /CONTACT: Teresa Miller Mangelsdorf, GENESCO Inc., 615-367-8281/ (GCO) CO: GENESCO Inc. ST: Tennessee IN: REA SU: PER
DF -- CH003 -- 1369 04/22/92 14:36 EDT
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|Date:||Apr 22, 1992|
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