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MICHAEL S. DUFFEY APPOINTED VICE PRESIDENT, CORPORATE TREASURER OF FOOTE, CONE & BELDING COMMUNICATIONS

 MICHAEL S. DUFFEY APPOINTED VICE PRESIDENT, CORPORATE TREASURER
 OF FOOTE, CONE & BELDING COMMUNICATIONS
 CHICAGO, Aug. 5 /PRNewswire/ -- Michael S. Duffey, 37, has been appointed vice president and treasurer of Foote, Cone & Belding Communications, Inc. (NYSE: FCB), effective immediately, the company announced today. He reports to Terry Ashwill, executive vice president, chief financial officer.
 Ashwill said, "Michael Duffey is a consummate professional who brings a solid track record of success to his role in the fiscal management of our global network. His appointment follows the recent retirement of Charles Gunderson, our secretary and treasurer, who served FCB for over a decade."
 Duffey joins FCB from Outboard Marine Corp., Waukegan, Ill., where he served in senior financial management positions for the past six years. He began as assistant treasurer in 1986, was promoted to treasurer in 1987 and added the title of vice president in 1991. He was responsible for global capital management, funding, risk management, credit, benefits administration and pension plan management for the billion-dollar company.
 Earlier in his career, Duffey spent six years at the Bank of America. He joined as a corporate finance officer in the bank's North America division, Chicago, in 1980 and became a vice president of that division in 1983. Later, he served as vice president of the Asia division in Tokyo.
 Duffey began his financial career in 1977 as a staff accountant in audit and tax for Price Waterhouse & Co., Chicago.
 A Certified Public Accountant, he received a B.B.A. in Accounting from Loyola University of Chicago and a M.M. in Economics, Finance and International Business from Northwestern University's J.L. Kellogg Graduate School of Management.
 Foote, Cone & Belding Communications, Inc., ranks as the largest advertising company in the United States and the eighth largest in the world. Its network includes 176 offices in 43 countries with worldwide billings totaling more than $6 billion.
 -0- 8/5/92
 /CONTACT: Owen Dougherty of Foote, Cone & Belding Communications, 312-751-7789/
 (FCB) CO: Foote, Cone & Belding Communications, Inc. ST: Illinois IN: ADV SU: PER


SH -- NY078 -- 7239 08/05/92 16:03 EDT
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Publication:PR Newswire
Date:Aug 5, 1992
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