Phillips Names Silas Chairman, Chief Executive
Phillips Petroleum promoted President C. J. Silas to the posts of chairman and chief executive Tuesday, succeeding William C. Douce, 65, who is retiring May 1, after 43 years with the company.
Named to succeed Silas as president and chief operating officer is Glenn A. Cox, who is currently executive vice president of the $15-billion Oklahoma oil company. Silas, 52, joined the company in 1953. He was named executive vice president in 1980 and became president in April, 1982. Cox, 55, has served in his current post since 1980 and was responsible for corporate finance.
A company spokeswoman said Silas’ promotion is part of a regular management transition after Douce reached Phillips’ mandatory retirement age last December.
Phillips is in the midst of a corporate restructuring following a hostile takeover attempt earlier this year by Texas oilman T. Boone Pickens. Last month, Phillips announced a swap of stock for debt securities that should make it a less palatable company to future corporate raiders.
NATION
Thomas J. Rattigan, 48, a former Pepsico executive with broad background in consumer products, has been named president and chief executive of Commodore International’s new North American group.
The American Stock Exchange announced that the following were elected to its board of governors:
Robert Carswell, partner in the New York law firm of Shearman & Sterling and former deputy Treasury secretary; Barrie M. Damson, chairman and president, Damson Oil; William A. Fickling Jr., chairman and chief executive of Charter Medical and former chairman of the Federal Reserve Bank of Atlanta; James C. Bradford Jr., senior partner, J. C. Bradford & Co., a Nashville, Tenn., regional brokerage firm; Howard M. Brenner, executive vice president and director, Drexel Burnham Lambert, and director, Securities Industry Assn., and Alvin H. Einbender, managing partner at Bear, Stearns & Co.
The following were reelected:
Former Sen. Abraham Ribicoff (D-Conn.), now special counsel to the New York and Washington law firm of Kaye, Scholer, Fierman, Hays & Handler; Louis Miceli, president and treasurer of Miceli-Van Caneghan & Co., a specialist on the Amex trading floor, and Thomas W. Strauss, managing director of Salomon Bros.
Chrysler named Robert S. Miller, executive vice president-finance and administration, to the additional post of chairman of its Chrysler Financial unit.
Christopher P. Deering was appointed senior vice president-marketing and sales for RCA/Columbia Pictures International Video, New York.
LOS ANGELES COUNTY
Asco Aerospace Products, El Segundo, named Worth W. Frederick president and chief executive. He formerly was assistant general manager of the Divad division of Ford Aerospace & Communications in Newport Beach.
Carol Elizabeth Head was named vice president-finance and administration at Electronic Machine, Los Angeles.
El Pollo Loco, a unit of Denny’s Inc., La Mirada, named James C. Verney vice president-operations.
Roger A. Williams has been named senior vice president-finance and administration and will continue as chief financial officer of Olga Co., Van Nuys.
Fred Willms was named president of Los Angeles-based Screen Gems-Colgems-EMI Music and of EMI’s Picture Music International.
Edward Sanders, a principal in the Los Angeles law firm of Sanders, Barnet, Goldsmith & Jacobson, has been elected a director of City National and its main subsidiary, City National Bank, Beverly Hills.
Gordon M. Watson was appointed senior vice president-sales and marketing for Local Data, Torrance.
Bob Atkinson Sr. was named vice president-national sales for Sharpe Manufacturing, Los Angeles.
William A. Seymore has been named senior vice president and controller of Ticor Mortgage Insurance, Los Angeles.
CALIFORNIA
E. Joseph Zemke has been named chief operating officer of Amdahl Corp., Sunnyvale. He will be part of a newly formed office of the president.
American Telephone & Electronics, San Francisco, named Philip S. Hayman president and chief operating officer, succeeding Don G. Hoff, who continues as chairman and chief executive.
Los Gatos-based Britton Lee Inc. named Ginger Taylor vice president-corporate development. The firm manufactures database management systems.
Advanced Micro Devices, Sunnyvale, named James Miller vice president and group executive for North American sales, Rick Marz vice president-North American sales and Terry Smith vice president-European sales.
