MOREAU NAMED PRESIDENT OF ONEIDA LTD.
MOREAU NAMED PRESIDENT OF ONEIDA LTD. ONEIDA, N.Y., Dec. 11 /PRNewswire/ -- Gary L. Moreau today was
elected president and chief operating officer of Oneida Ltd. (NYSE: OCQ) by the company's board of directors, according to William D. Matthews, Oneida Ltd. chairman. Matthews, who previously also held the president's title, will continue as chairman and chief executive officer.
Moreau most recently was president of the company's Oneida Silversmiths Division, its core unit for consumer operations. He will continue to oversee that division while assuming new management responsibilities for Oneida's foodservice and industrial wire operations. As Oneida Ltd. president, Moreau will refine and coordinate strategies for overall business development and growth, Matthews said. Moreau's talents and background are perfectly suited to maximize Oneida's opportunities, citing his wide range of experience with the company in such facets as manufacturing, finance and marketing, Matthews added. Moreau, 37, began his career with Oneida Ltd. in 1977 as a staff accountant and financial analyst in the corporate treasurer's office. He was promoted to production and inventory control planner in the Oneida Silversmiths Division in 1978; to materials manager in 1981; and to vice president materials management and engineering in 1985. He was named executive vice president and general manager of the Oneida Silversmiths Division in 1986, before being elected the division's president in 1987. A graduate of Middlebury College, Moreau and his family reside in Cazenovia, N.Y. Oneida Ltd. is a diversified manufacturer and marketer of tableware and industrial products, focusing on metal tableware, commercial china and industrial wire and cable. Its business is conducted in three units -- consumer, foodservice and industrial -- that serve a variety of leading retailers, foodservice operators and manufacturing companies. -0- 12/11/91 /CONTACT: David A. Gymburch of Oneida Ltd., 315-361-3271/ (OCQ) CO: Oneida Ltd. ST: New York IN: HOU SU: PER
CG -- CL008 -- 1393 12/11/91 10:58 EST
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|Date:||Dec 11, 1991|
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