ATLANTA, Sept. 5 /PRNewswire/ -- Fuqua Enterprises, Inc. (NYSE: FQE)
announced today that J. Rex Fuqua, 47, was elected Chairman of the Board of
Directors to succeed his father, J.B. Fuqua, who was elected Vice Chairman.
J. Rex Fuqua has served as Vice Chairman since July, 1995, and has been
extensively involved in the Company's management.
J.B. Fuqua, 79, who has been Chairman since 1989 said, "In view of his
more active involvement in the management of the Company, it is appropriate
that my son, Rex, be Chairman."
The J.B. Fuqua family owns 32% of Fuqua Enterprises, Inc.
Fuqua's Medical Products Operations manufacture a variety of products
including beds, patient aids and mobility products for the acute, long-term
and home health care markets. Fuqua's Leather Operations produce a broad line
of leathers that are sold to manufacturers of shoes, handbags, personal
leather goods and furniture in both the U.S. and foreign markets. Fuqua
Enterprises has annualized sales of about $250 million.
SOURCE Fuqua Enterprises, Inc.
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CONTACT:
J. Rex Fuqua, Fuqua Enterprises, 404-815-2000
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