PORTLAND, Ore., Nov. 11 /PRNewswire/ -- Willamette Industries' (NYSE: WLL)
Board of Directors has elected Duane C. McDougall to the position of chief
executive officer of the company. McDougall replaces William Swindells,
68, who remains Willamette's chairman of the board. The appointment is
effective on December 1.
McDougall, 46, has been with Willamette for nearly 20 years and has been
president and chief operating officer since April of 1998. He previously held
the positions of executive vice president and vice president in charge of the
company's Building Materials Group and vice president/controller.
The Board also declared a quarterly dividend of $.16 per share payable on
December 14, 1998 to shareholders of record on November 30, 1998.
SOURCE Willamette Industries, Inc.
 back to top
Related links:
http://www.wii.com
Company News On-Call:
http://www.prnewswire.com/comp/971763.html or fax,
800-758-5804, ext. 971763
CONTACT:
E. Jane Sinnema of Willamette Industries,
503-721-8642
NOTE TO EDITORS: A full copy of this release, as well as other
company news, is available at http://www.wii.com
|
