Printer Friendly

THREE QUAKER STATE DIRECTORS RETIRE FROM BOARD

 OIL CITY, Pa., March 25 /PRNewswire/ -- Three directors of Quaker State Corporation (NYSE: KSF) have announced they will not stand for reelection to the board of directors.
 As a result, stockholders will vote for a slate of 10 directors at the company's annual meeting on May 13. The three directors resigning from the board are:
 -- Kenton E. McElhattan, a member of the board since 1977. McElhattan is chairman of Industrial Scientific Corporation, a Pittsburgh-based designer and manufacturer of hand-held gas detection and safety instruments marketed worldwide.
 -- William J. McFate, a member of the board since 1963. Throughout that 30-year period, McFate has been general counsel for Quaker State Corporation. He is also chairman of the executive committee of the board. McFate is a partner of McFate, McFate and McFate law firm of Oil City.
 -- Quentin E. Wood, a member of the board since 1968. Wood was an employee of Quaker State from 1948, when he joined the company as a petroleum engineer, until May 1991, when he retired as chairman of the board, a position he had held since 1982. Wood became manager of the production division in 1965, and was elected vice president of production and a director in 1968. He was named president in 1973, and served as chief executive officer from 1975 to 1988.
 Chairman of the board and Chief Executive Officer Jack W. Corn said, "The three men who are retiring from our board have served with distinction for a total of more than 70 years. All three have been unstinting with their advice and knowledge and have been of great assistance to the management of Quaker State."
 -0- 3/25/93
 /CONTACT: Benton H. Faulkner of Quaker State, 814-676-7877/
 (KSF)


CO: Quaker State Corporation ST: Pennsylvania IN: OIL SU: PER

CD -- PG008 -- 9676 03/25/93 15:00 EST
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:Mar 25, 1993
Words:304
Previous Article:AMERICAN STOCK EXCHANGE DAILY REPORT
Next Article:STEELWORKERS REACH TENTATIVE AGREEMENT WITH SOUTHERN CONNECTICUT GAS CO.
Topics:


Related Articles
QUAKER STATE BOARD ELECTS RAYMOND A. ROSS, JR., A DIRECTOR
CONRAD ASSUMES EXPANDED RESPONSIBILITIES AT QUAKER STATE
QUAKER STATE CORPORATION DECLARES DIVIDEND
QUAKER STATE CORPORATION NAMES C. FRED FETTEROLF TO BOARD OF DIRECTORS
QUAKER STATE NAMES NEW CHIEF EXECUTIVE
QUAKER STATE ELECTS MARY R. WHITE, VP, ENVIRONMENTAL/GOVERNMENT AFFAIRS
BENTON H. FAULKNER RETIRES FROM QUAKER STATE
QUAKER STATE LAUNCHES AGGRESSIVE PROGRAMS FOCUSING ON ENVIRONMENTAL RESPONSIBILITY
QUAKER STATE DECLARES DIVIDEND
Terry Savage.

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