Printer Friendly

LUKENS ANNOUNCES CORPORATE REORGANIZATION

 LUKENS ANNOUNCES CORPORATE REORGANIZATION
 COATESVILLE, Pa., Jan. 9 /PRNewswire/ -- R. William Van Sant,


chairman and chief executive officer of Lukens Inc. (NYSE: LUC), a Fortune 500 diversified steel company, today announced a realignment of the corporate organizational structure.
 John R. Bartholdson, 47, has been named senior vice president of finance and administration and chief financial officer of the corporation. Dennis M. Oates, 39, also a Lukens' senior vice president, has been named president and chief operating officer of Industrial Products. William D. Sprague, 50, currently vice president and general counsel, has been named to the additional position of corporate secretary. John C. van Roden, Jr., 42, previously treasurer, has been promoted to the level of corporate vice president and treasurer. John N. Maier, 40, previously controller of Lukens Steel, has been named corporate controller. Both van Roden and Maier will report to John R. Bartholdson.
 With the realignment, some staff functions have been reassigned to the Steel Group, headed by Robert Schaal, a Lukens Inc. senior vice president and president and chief operating officer of Lukens Steel Company. The management and information services and the process control organizations have been combined to form the informational technologies organization, reporting to Schaal. In addition, the engineering group will become a part of the Lukens Steel organization. The decentralization of administrative functions will result in staff reductions of approximately 10 salaried positions.
 Bartholdson, as senior vice president of Finance and Administration and chief financial officer, will have responsibility for corporate finance and staff organizations, including Treasury, Controller, Human Resources and Planning, and Corporate Affairs. He also has responsibility for corporate strategic planning and business development and Lukens Development Corporation, which manages the real estate operations of the company.
 Bartholdson, who has an engineering degree and an MBA from Pennsylvania State University, joined Lukens in 1978 as treasurer, became vice president and treasurer in 1982 and was elected senior vice president - chief financial officer in 1987. In 1988, he was named president and chief operating officer of the Energy Services and Safety Products Groups. He also had responsibility for corporate-wide engineering and environmental compliance functions, capital budgets, and Lukens Development Corporation. In 1990, Bartholdson was named president and chief operating officer of industrial operations. He became chief administrative officer in September, 1991.
 He is a member of the American Iron and Steel Institute and the Advisory Board of Penn State Great Valley. He and his wife, Carole, live in Malvern.
 Oates, formerly senior vice president in charge of industrial operations and controller, has been named president and chief operating officer of industrial products.
 Industrial products includes the Corrosion Protection, Safety Products, and Diversified Groups of the corporation, except for Lukens Development Corporation. The Corrosion Protection Group includes ENCOAT, which is the leading pipe-coating company in North America, and CPS, a company which provides corrosion protection services. The Safety Products Group includes Flex-O-lite, which manufactures and sells glass beads for highway and industrial use, and Services and Materials, which manufactures and distributes industrial safety products. In the Diversified Group, Oates is responsible for the railroad division and two materials-handling companies.
 Oates joined the Lukens Steel financial organization in 1974 and was corporate growth manager before he was promoted to vice president - administration for Lukens General Industries in 1985. Lukens General Industries served as the headquarters for a number of Lukens subsidiaries until 1987. Oates was elected corporate vice president and controller of Lukens Inc. in January 1987. He was promoted to senior vice president, with the responsibility for industrial operations, in September 1991.
 Oates has a bachelor's degree in economics and accounting from the University of Pennsylvania's Wharton School and an MBA from Temple University. He is a member of the Financial Executives Institute, Planning Executives Institute and the American Iron and Steel Institute. He and his wife, Joan, live in Chadds Ford, Pa.
 Sprague, currently vice president and general counsel, has been named to the additional position of corporate secretary. He replaces Carole I. Eagles, corporate secretary since 1988. Formerly associate general counsel of Alumax Inc., a subsidiary of AMAX Inc., Sprague joined Lukens in 1988.
 A graduate of the University of Wisconsin and Harvard Law School, Sprague is a member of the American Bar Association and the Pennsylvania Bar Association. He and his wife, Marilyn, live in Devon, Pa.
 Van Roden, previously treasurer for Lukens, has been promoted to vice president and treasurer. He is responsible for the administration and management of Lukens' corporate finance, pension investment, credit, risk and insurance functions. He also is chairman of the Employee Benefits Finance Committee.
 Van Roden joined Lukens as assistant treasurer in 1982 with 10 years of banking experience. He was elected corporate treasurer in January 1987. Prior to joining Lukens, he was a vice president and group manager with Provident National Bank. An economics graduate of Denison University, van Roden also holds an MBA from Drexel University. He is a member of the National Association of Corporate Treasurers. He and his wife, Janet, live in Radnor, Pa.
 Maier, previously controller for Lukens Steel, replaces Oates as corporate controller. He is responsible for management and public financial reporting, financial analysis, corporate taxes, and the maintenance of internal financial controls.
 Maier joined Lukens Steel in 1991. Prior to joining Lukens he spent 14 years with various divisions of the Continental Group, including director of capital plans and special projects, Continental Forest Industries; vice president of finance, Continental Woodlands, Inc.; and vice president and controller, Kiewit Continental. A certified public accountant, Maier is an accounting graduate of the University of Georgia. He is a member of the Financial Executive Institute. He and his wife, Candy, live in Kennett Square, Pa.
 Lukens Inc. is a multi-industry, Fortune 500 company headquartered in Coatesville. Its subsidiaries provide plate steels, pipe coating services, cathodic corrosion protection services, highway and industrial safety products, heavy materials-handling equipment, industrial screening products and operate three short-line railroads.
 /delval/
 -0- 1/9/92
 /CONTACT: W. Evelyn Walker of Lukens, 215-383-2504/
 (LUC) CO: Lukens Inc. ST: Pennsylvania IN: MNG SU: RCN


MK -- PH017 -- 8306 01/09/92 14:42 EST
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jan 9, 1992
Words:1013
Previous Article:PHOENIX NETWORK RESUMES TRADING UNDER 'PHXN' NASDAQ SYMBOL
Next Article:BLUE CROSS/BLUE SHIELD HELPING HEARING-IMPAIRED SUBSCRIBERS
Topics:


Related Articles
LUKENS ANNOUNCES TENTATIVE AGREEMENT WITH STEELWORKERS
WASHINGTON STEEL COMMENTS ON PLANNED SALE TO LUKENS INC.
LUKENS RENAMES WASHINGTON STEEL COMPANIES AFTER ACQUISITION
MAIER NAMED VICE PRESIDENT AT LUKENS
LUKENS BOARD OF DIRECTORS APPROVES $86 MILLION CAPITAL EXPANSION AS COMPANY ENTERS NEXT PHASE OF 'LUKENS 2000' STRATEGY FOR GROWTH
LUKENS TO ENTER STAINLESS STEEL CUT PLATE MARKET
LUKENS ANNOUNCES MANAGEMENT CHANGES AT STAINLESS GROUP
LUKENS REPORTS HIGHER THIRD QUARTER EARNINGS
LUKENS REPORTS FIRST QUARTER LOSS; COMPANY TO RECORD $7 MILLION AFTER TAX WORKFORCE REDUCTION CHARGE IN SECOND QUARTER
Allegheny Teledyne Proposes To Acquire Lukens Inc. For $28 In Cash Per Common Share;

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters