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Stephen E. Watson has been elected president...

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From Times Staff and Wire Service Reports

Stephen E. Watson has been elected president of Dayton Hudson Corp., Minneapolis. He also was elected a director. Bruce G. Allbright, president of Dayton Hudson Corp. since 1987, retires at the end of January. Watson, 45, is currently executive vice president of the corporation and chairman and chief executive of Dayton Hudson Department Store Co.

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