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Welcome to the board: diversification personified.

A recent report from Heidrick & Struggles, the international executive search firm, shows that 59% of public Fortune 1000 companies have at least one woman and/or minority member on its board of directors. The report states that the number of woman directors has increased steadily since 1987, with an increase of 35% in the past five years, and projects continued growth, with another 30% increase by the year 2000. The report indicated that minority directorships have remained virtually static for the past five years but projects an increase by the end of the decade. Highlighted below are several women and minority executives who have been elected to boards in this year's third quarter.

Helen O. Petrauskas was appointed to the board of Sherwin-Williams Co., Cleveland, Ohio. She is vice president-environmental and safety engineering for Ford Motor Co. and coordinates Ford's safety, fuel economy, and environmental protection planning and is its principal spokesperson on these issues. She also serves on the boards of MCN Corp. and Clean Sites Inc.

Carolyn H. Baldwin was elected to the board of NWL Cos., Minneapolis, and its principal subsidiary, Northwestern National Life Insurance Co. Baldwin is president of Coca-Cola Financial Corp., which makes loans and leases to bottlers and other customers of Coca-Cola Co. worldwide. She also participates on several worldwide strategic negotiating teams on behalf of Coca-Cola Co. She joined Coca-Cola in 1977 as a senior financial analyst in strategic planning for the United States.

Clifford L. Alexander Jr. has joined the board of American Home Products Corp., New York. Alexander is president of Alexander and Associates Inc., a private consulting firm that provides advice in the area of work force inclusiveness. He was secretary of the Army from 1977 to 1981, chairman of the Equal Employment Opportunity Commission from 1967 to 1969, a special consultant to Lyndon B. Johnson on civil rights, and an attorney with two Washington law firms. He also serves on the boards of MCI Communications Corp., Dun and Bradstreet Corp., Equitable Resources Inc., several Dreyfus funds, and Mutual of America Life Insurance Co.

Victoria J. Tschinkel was elected to the board of Phillips Petroleum Co., Bartlesville, Okla. She is senior consultant for environmental issues at the law firm of Landers & Parsons in Tallahassee, Fla., where she represents a wide range of clients before state and federal agencies and the Florida legislature. Her specialty is advising clients on compliance with environmental permitting requirements and managing technical consulting teams for clients with environmental problems. From 1981 to 1987 she was secretary of the Florida Department of Environmental Regulation.

Gail R. Wilensky was appointed to the board of Syncor International Corp., Chatsworth, Calif. She is currently a senior fellow at Project HOPE, an international health foundation, where she is analyzing and developing policies related to health care reform and other domestic issues. She previously was a deputy assistant to President Bush on health and welfare issues. She came to the White House after two years as administrator of the Healthcare Financing Administration. While at HCFA, she had primary responsibility for implementing the reform of physician payments, hospital capital costs, and Medicaid financing reforms. Syncor operates a network of more than 100 nuclear pharmacy service centers.

Reginald D. Dickson was named to the board of Dollar General Corp., Nashville, Tenn. He has been chairman of New Age Bank Corp., a minority bank holding company in St. Louis, since earlier this year. Prior to that he was president and CEO of Inroads Inc., a minority career development organization, for 10 years. Under his leadership, Inroads grew to 39 affiliate offices with 5,000 college interns sponsored by 700 businesses in 32 states. "At Dollar General, management is committed both to taking care of business and to the fullest total development of our human assets," said Chairman and CEO Cal Turner Jr., adding, "Reginald Dickson understands that very well. He has, in fact, dedicated his life to that same mission."

Roxanne J. Decyk was elected to the board of Snap-on Tools Corp., Kenosha, Wis. She is vice president marketing and sales, polymers, for Amoco Chemical Co. of Chicago. She previously served as vice president-commercial and industrial sales, for Amoco Oil Co. Prior to her association with Amoco, she had held several management positions with Navistar International Transportation Corp. and had practiced law with Foley and Lardner of Milwaukee. She also serves as a director of Harris Bancorp, Harris Trust & Savings Bank, and Material Sciences Corp.

Barbara Trueman has joined the board of J.M. Smucker Co., Orrville, Ohio. She is chairman and majority owner of Red Roof Inns Inc., Hilliard, Ohio, the country's largest privately owned and operated economy lodging chain, with more than 200 properties in 30 states. She also serves on the board of Banc One.

Charlotte St. Martin was added to the board of Gibson Greetings Inc., Cincinnati, Ohio. She is executive vice president-operations and marketing for Loews Hotels and president and CEO of the Loews Anatole Hotel. Prior to her current positions, she was regional vice president of sales and marketing for Loews Hotels and director of sales and marketing of Loews Anatole. She also served as president of the Dallas Convention and Visitors Bureau.

Franklin D. Raines was elected to the board of Pfizer Inc., New York. He is vice chairman of the Federal National Mortgage Association (Fannie Mae), the nation's largest investor in home mortgages, where he is in charge of the company's legal, credit policy, finance, and corporate development functions. He is a former general partner at Lazard Freres & Co. and, before joining the investment firm, served from 1977 to 1979 as associate director for economics and government in the Office of Management and Budget and assistant director of the White House Domestic Policy Staff.

Gabrielle K. McDonald joined the board of Freeport-McMoRan Inc., New Orleans. Currently Of Counsel to the law firm of Walker & Satterwaite, Austin, Texas, she has been appointed the distinguished visiting professor of law at Thurgood Marshall Law School, Texas Southern University, Houston. Previously she was United States District Judge for the Southern District of Texas. She has practiced law since 1966. From 1966 to 1969 she served as staff attorney for the NAACP Legal Defense and Educational Fund in New York.

Barbara L. Bowles was named to the board of Black & Decker Corp., Towson, Md. She is president of The Kenwood Group Inc., an equity advisory firm she founded in 1989. From 1984 to 1989 she was a corporate vice president of Kraft Inc. and headed the investor relations department. She is a director of Hyde Park Bank and Trust Co. of Chicago.

Anne L. Bryant was elected to the board of HCA, Nashville, Tenn., and its operating subsidiary, Hospital Corp of America. She currently serves as executive director of the American Association of University Women. She was formerly vice president of professional education for P.M. Haeger & Associates Inc., and director of the National Association of Bank Women Educational Foundation.

Ann Marie Fudge was elected to the board of Allied Signal Inc., Morristown, N.J. She is executive vice president of General Foods USA, a $7 billion operating unit of Kraft General Foods Inc. She joined General Foods USA in 1986. She has also held marketing positions at General Mills Inc. and General Electric Co. She is a director of Liz Claiborne Inc.

Barbara Hackman Franklin has joined the board of AMP Inc., Harrisburg, Pa. She was U.S. secretary of commerce in the Bush administration. In addition to previous government service, in 1984 she founded Franklin Associates, a consulting firm focused on government-business relationships, international trade, and corporate governance. She also serves on the boards of Aetna Life & Casualty Co. and Dow Chemical Co.
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Title Annotation:Leadership in Environmental Initiatives
Publication:Directors & Boards
Date:Sep 22, 1993
Previous Article:The new diversity on the board.
Next Article:No one role model for all companies.

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