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WESTINGHOUSE STREAMLINES TOP-MANAGEMENT ORGANIZATION

 PITTSBURGH, Feb. 18 /PRNewswire/ -- Westinghouse Electric Corporation (NYSE: WX) today unveiled a streamlined top-management organization aligning all business units and corporate staff functions into five operating groups.
 "The new alignment provides a simplified structure with clear lines of authority and responsibility to carry out the comprehensive restructuring plan we announced last November," said Gary M. Clark, president and acting chief executive officer.
 "It also will enable us to move more quickly and effectively on the actions needed to continue to improve the financial performance of all of our businesses."
 The new organization creates an eight-member Management Committee as the corporation's top policy-making unit.
 In addition to Clark, 57, the committee includes the five executives who will head each of the operating groups. They are Burton B. Staniar, Richard A. Linder, Dr. John B. Yasinsky and Thomas P. Costello, each of whom will hold the new title of group president, and Robert A. Watson, chairman and CEO of Westinghouse Financial Services, Inc.
 -- Staniar, 51, will continue to have responsibility for Westinghouse Broadcasting and the Thermo King business unit and is given responsibility for a new Industrial Products and Services Business Unit.
 -- Linder, 61, continues as head of the Electronic Systems Business Unit.
 -- Yasinsky, 53, will retain responsibility for the Energy Systems and Power Generation Business Units, the Bettis Atomic Power Laboratory and the plant apparatus division. He also will assume responsibility for the Environmental Services Business Unit, the Government Operations Business Unit and the Westinghouse Savannah River Company.
 -- Costello, 61, formerly president of the Thermo King Corporation, a Westinghouse subsidiary, will assume Clark's former responsibilities for four businesses earmarked for divestiture -- the Distribution & Control Business Unit, The Knoll Group (office furniture), Westinghouse Communities and Westinghouse Electric Supply Company.
 -- Watson, 46, will continue as chairman and CEO of Westinghouse Financial Services, Inc.
 The other members of the Management Committee continue in their previous assignments. They are Warren H. Hollinshead, 57, executive vice president and chief financial officer; and Louis J. Briskman, 44, senior vice president and general counsel.
 In addition to his operating responsibilities, Staniar will oversee corporate human resources, offshore manufacturing and Westinghouse Canada.
 Yasinsky also will have responsibility for the Westinghouse Science & Technology Center and government affairs.
 In addition to the law department, Briskman will be responsible for corporate environmental affairs.
 Harlan J. Rosenzweig, 45, formerly president of Westinghouse Communications, was named general manager of the new Industrial Products and Services Business Unit, which includes Westinghouse Communications, the electrical materials division, Longines-Wittnauer Watch Company, the Westinghouse Motor Company, the specialty services division and the Westinghouse printing division.
 Westinghouse announced also that Anthony A. Massaro, 48, who had been responsible for the environmental services business, had resigned to pursue other interests.
 /delval/
 -0- 2/18/93
 /CONTACT: Jay McCaffrey of Westinghouse Electric, 412-642-3366, or at home, 412-538-9977/
 (WX)


CO: Westinghouse Electric Corporation ST: Pennsylvania IN: TLS FIN CPR SU: PER

DM -- PG011 -- 8134 02/18/93 17:17 EST
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Publication:PR Newswire
Date:Feb 18, 1993
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