Printer Friendly

LYONDELL PETROCHEMICAL COMPANY BOARD ELECTS BOWLIN CHAIRMAN; ADDS WADE AS A DIRECTOR

 HOUSTON, Aug. 16 /PRNewswire/ -- Lyondell Petrochemical Company (NYSE: LYO) today announced the election of Mike R. Bowlin as chairman of the board, replacing Robert E. Wycoff, who resigned following his recent retirement from Atlantic Richfield Company (ARCO). Bowlin is president and chief operating officer of ARCO and was elected to the Lyondell board in July. In addition, William E. Wade, executive vice president of ARCO, has been elected to the Lyondell Board, to fill the position vacated by Wycoff's resignation.
 Bowlin, 50, joined ARCO in 1969 and has held a number of management and executive positions, including president of ARCO Coal Company and president of ARCO International Oil and Gas Company. In June 1992, he was elected executive vice president of ARCO, with responsibilities for ARCO International Oil and Gas, ARCO Oil and Gas and ARCO Coal Company. He was elected president and chief operating officer of ARCO effective June 1, 1993.
 Wade, 51, joined ARCO in 1968 and has served in numerous management positions within the company including president of ARCO Alaska, Inc., and president of ARCO Oil and Gas Company. He was named executive vice president, with responsibilities for ARCO's international and Lower 48 oil and gas exploration and production division and ARCO Coal Company, in June of 1993.
 ARCO owns 49.9 percent of the outstanding stock of Lyondell Petrochemical Company.
 -0- 8/16/93
 /CONTACT: Jackie Wilson, 713-652-4596, or Dave Balderston, 713-652-4590 (investors), both of Lyondell Petrochemical Company/
 (LYO)


CO: Lyondell Petrochemical Company ST: Texas IN: OIL SU: PER

MP -- NY042 -- 2968 08/16/93 10:11 EDT
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Aug 16, 1993
Words:262
Previous Article:HARKEN ANNOUNCES SECOND QUARTER RESULTS
Next Article:MEDIVATORS, INC. FINANCIAL RESULTS
Topics:

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