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GIANT CEMENT CO. APPOINTS GARY L. PECHOTA AS CHAIRMAN AND CHIEF EXECUTIVE OFFICER

 BEVERLY HILLS, Calif., Nov. 17 ~PRNewswire~ -- Burt Sugarman, chairman and chief executive officer of GIANT GROUP LTD. (NYSE: GPO), announced today the appointment of Gary L. Pechota as chairman and chief executive officer of Giant Cement Co., replacing Terry L. Kinder who remains with the company as chief financial officer.
 Pechota, 42 years old, is chairman and chief executive officer of Keystone Cement Co. and has successfully served as president and chief executive officer of Decotah Cement in South Dakota for nine years. Prior to that time, he served as vice president of Finance at Madera Pacific in Rapid City, S.D., and was with Ernst and Whinney in Minneapolis.
 GIANT GROUP LTD. owns 40 percent of Rally's Inc. (NASDAQ: RLLY). Rally's is the nation's largest double drive-thru hamburger chain and operates or franchises 427 restaurants in 25 states. GIANT also owns Keystone Cement Co. and Giant Cement Co., who manufacture and sell cement products in southeastern, northeastern, and middle atlantic regions of the United States. GIANT is a pioneer in the Resource Recovery burning of waste materials.
 -0- 11~17~92
 ~CONTACT: Burt Sugarman, chairman and CEO of GIANT GROUP, 310-273-5678~
 (GPO RLLY)


CO: GIANT GROUP LTD.; Giant Cement Co. ST: California IN: SU: PER

EH -- LA013 -- 1714 11~17~92 09:51 EST
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Publication:PR Newswire
Date:Nov 17, 1992
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