DRESSER INDUSTRIES ANNOUNCES EXECUTIVE APPOINTMENTS
DRESSER INDUSTRIES ANNOUNCES EXECUTIVE APPOINTMENTS DALLAS, March 19 /PRNewswire/ -- Dresser Industries, Inc. (NYSE: DI)
today announced that its board of directors elected William E. Bradford, president of the company, and Bill D. St. John, vice chairman of the board, and both will report to John J. Murphy, who will continue to serve as chairman of the board and chief executive officer.
Murphy pointed out that the promotions of Bradford and St. John were made "to expand our senior management structure, capabilities and depth." Bradford was elected to the board of directors earlier in the day at Dresser's annual meeting of shareholders. As Dresser's president, he will be chief operating officer of the company. He was president and chief executive officer of Dresser-Rand Company, a compressor and turbine joint venture owned 50/50 by Dresser and Ingersoll-Rand Company since February 1988. Bradford had been senior vice president-operations for Dresser since 1984, and his Dresser career, which began in 1970, also includes serving as vice president-operations, president of the former Oilfield Equipment group and president of the security division. St. John has been executive vice president-administration for Dresser since 1982 and a member of the board of directors since 1984. He will have all corporate staff functions reporting to him as vice chairman. St. John has had management responsibility for certain business operations in addition to being executive vice president- administration. He joined Dresser in 1960 and assumed officer positions of increasing stature over the years. Ben R. Stuart has been elected a senior vice president of operations. In a companion announcement by Dresser-Rand, Stuart was named president and chief executive officer of Dresser-Rand succeeding Bradford. Stuart was vice president of operations of Dresser's energy processing and conversion equipment operations. Stuart joined Dresser in 1957 and has served the company in such capacities as president of the Valve & Controls division, Waukesha Engine division, former Industrial Equipment group and former Industrial Products division. Headquartered in Dallas, Dresser had total revenues of more than $6 billion in 1991 from consolidated operations and its share of major unconsolidated joint ventures. The company is a major global supplier of highly engineered products and services primarily utilized by customers engaged in energy-related activities. -0- 3/19/92 /CONTACT: Kenneth C. Rueckert of Dresser Industries, 214-740-6000/ (DI) CO: Dresser Industries, Inc. ST: Texas IN: OIL SU: PER SM -- NY084 -- 9814 03/19/92 16:00 EST
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|Date:||Mar 19, 1992|
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