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WAXMAN INDUSTRIES, INC. ANNOUNCES APPOINTMENT OF CHIEF FINANCIAL OFFICER

 BEDFORD HEIGHTS, Ohio, Nov. 15 /PRNewswire/ -- Waxman Industries, Inc. (NYSE: WAX), a leading supplier to the home repair and remodeling market throughout the United States and Canada, today announced that Neal R. Restivo was promoted to vice president, finance and chief financial officer of the company. The appointment of Restivo was made in an effort to focus the company's financial management more closely on the company's operations. Restivo has been the vice president - corporate controller of the company since November 1990, after serving as corporate controller of the company since November 1989. Prior to his employment with the company, Restivo was an audit manager at Arthur Andersen & Co.
 Waxman Industries, Inc. is a leading supplier to the home repair and remodeling market in the United States and Canada. In the U.S., the company's plumbing, electrical and hardware products are sold primarily to home improvement centers, warehouse home centers, mass merchandisers, hardware stores, lumber yards and, through its mail order and telemarketing operations, to approximately 45,000 independent retailers, repair and remodeling contractors, property managers and locksmiths. The company assembles, packages and markets many of these products under its proprietary trade names. In Canada, the company is one of the largest suppliers of plumbing and heating products, serving approximately 10,000 customers across Canada, including repair and remodeling contractors, residential and commercial contractors and retailers.
 -0- 11/15/93
 /CONTACT: Neal R. Restivo of Waxman Industries, 216-439-1830/
 (WAX)


CO: Waxman Industries, Inc. ST: Ohio IN: CST SU: PER

BM -- CL024 -- 4533 11/15/93 14:26 EST
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Publication:PR Newswire
Date:Nov 15, 1993
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