Myron Du Bain Quits as Amfac Chief Executive
Myron Du Bain, who engineered a management reorganization of Amfac during the past two years, has resigned as president and chief executive, officials of the San Francisco-based company said Wednesday.
Chairman Henry A. Walker Jr. said Du Bain, 62, plans to pursue civic affairs, an intention Du Bain first expressed three years ago when he retired as president and chairman of Fireman’s Fund Insurance. Instead, Amfac hired him to handle the reorganization of the $2.4-billion company with interests in hotels, food processing and sugar production.
Ralph A. Van Orsdel Jr., 69, who has worked for Amfac for 39 years, was named president and chief executive to replace Du Bain, Walker said. Walker also announced the appointment of Ronald R. Sloan, 50, to the new position of chief operating officer.
Van Orsdel is a director who has worked as a consultant to Amfac since he retired as senior vice president in 1978. Sloan most recently has been executive vice president and chief administrative officer of the company.