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FULLER BOARD ELECTS TONY ANDERSEN CHAIRMAN, WALTER KISSLING PRESIDENT; ELMER ANDERSEN RETIRES AS CHAIRMAN

FULLER BOARD ELECTS TONY ANDERSEN CHAIRMAN, WALTER KISSLING PRESIDENT;
 ELMER ANDERSEN RETIRES AS CHAIRMAN
 ST. PAUL, Minn., April 16 /PRNewswire/ -- The board of directors of H.B. Fuller Company (NASDAQ: FULL) today elected Anthony L. "Tony" Andersen chairman of the board and Walter Kissling president of the company.
 Elmer L. Andersen, 82, announced his retirement as chairman of the H.B. Fuller Company board at the company's annual meeting of stockholders. He had served as president of the company from 1941 to 1971. He will continue to serve on the board as a director.
 Tony Andersen, 56, has been president of the company since 1971 and chief executive officer since 1973. He continues as chief executive officer in addition to his new responsibilities as chairman.
 Walter Kissling, 60, has been executive vice president and chief operating officer of the company since 1990. He continues as chief operating officer in addition to his new responsibilities as president.
 In other annual stockholder meeting business, Fuller shareholders elected Anthony L. Andersen, Norbert R. Berg, Freeman A. Ford and John J. Mauriel, Jr., to three-year terms on the board of directors.
 Shareholders also approved several proposals to amend the company's Articles of Incorporation, among them, amendments to eliminate cumulative voting and to authorize the issuance of 10 million additional shares of preferred stock at the discretion of the company's board of directors.
 Shareholders also approved the company's 1992 Stock Incentive Plan and voted to ratify the appointment of Price Waterhouse as the company's auditors for the 1992 fiscal year.
 H.B Fuller is a worldwide manufacturer and marketer of specialty chemical products, including adhesives, sealants, coatings, paints, waxes and sanitation chemicals, with fiscal 1991 sales of $853 million.
 -0- 4/16/92
 /CONTACT: (Media) Bill Belknap, 612-647-3604; or (Investor) Richard Edwards, 612-647-3650, both of H.B. Fuller/
 (FULL) CO: H.B. Fuller Company ST: Minnesota IN: CHM SU: PER


KH -- MN018 -- 9483 04/16/92 16:27 EDT
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Publication:PR Newswire
Date:Apr 16, 1992
Words:324
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