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MORTON INTERNATIONAL CREATES OFFICE OF THE CHAIRMAN, ANNOUNCES ORGANIZATIONAL CHANGES

 CHICAGO, June 8 /PRNewswire/ -- Morton International (NYSE: MII) announced today it is creating an office of the chairman consisting of Morton Chairman and Chief Executive Officer Charles S. Locke and President and Chief Operating Officer S. Jay Stewart.
 Charles Locke said, "In preparation for my normal retirement on March 31, 1994, when I plan to retire as an officer and director of the corporation, we have created an office of the chairman. Upon my retirement, I expect that the board of directors will name Jay Stewart chairman, president and chief executive officer."
 He added, "As Morton enters the 21st century, we need to ensure that the company responds to global trends by streamlining the organization and concentrating on value added services for our customers. To this end, a new organizational structure is being created."
 In this connection, the company announced the following executive changes, all effective July 1, 1993. William E. Johnston Jr., formerly president of the salt group, was promoted to a new position, executive vice president for administration, reporting to the office of the chairman. In addition to Johnston, James R. Stanley, vice president for legal affairs and general counsel, Daniel D. Feinberg, president of Morton Electronic Materials, James J. Fuerholzer, president of Morton Specialty Chemicals Products, Stephen A. Gerow, president of Morton Coatings, Kenneth D. Holmgren, president of Morton Automotive Safety Products, and Thomas S. Russell, president of Morton Adhesives & Specialty Polymers, will report to the office of the chairman.
 Locke said, "Bill Johnston will be responsible for the corporate functional areas of finance, real estate, internal audit, human resources, management information, communications, health and safety, environment, engineering, mergers and acquisitions, materials management, and total quality management. His new role is a recognition of the outstanding job he has performed for the past 12 years as head of our salt business."
 Thomas F. McDevitt, currently vice president of finance, is assuming the responsibility of chief financial officer.
 Walter W. Becky II, will replace Johnston as group president, salt, and will report to the office of the chairman. Gene L. Decker, vice president for distribution and purchasing for the salt group, will be promoted to Becky's current position as salt group vice president for production and engineering.
 Robert B. Covalt, executive vice president, and John R. Bowen, senior vice president and chief financial officer, are retiring from the company after long and distinguished careers.
 Morton International is a Chicago-based manufacturer and marketer of specialty chemicals, salt and automotive inflatable restraint systems.
 -0- 6/7/93
 /CONTACT: Nancy A. Hobor, of Morton International, 312-807-2424/
 (MII)


CO: Morton International ST: Illinois IN: CHM SU: PDT

MP -- NY017 -- 6406 06/08/93 09:29 EDT
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Publication:PR Newswire
Date:Jun 8, 1993
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