Control Data Co-Founder Giving Up Seat on Board
Control Data co-founder and former Chairman William C. Norris will all but sever his 34-year-old ties with the Minneapolis-based computer company.
Norris will not stand for reelection to the board, becoming instead a non-voting director emeritus, the company announced in the proxy statement for its annual stockholders meeting May 1.
Norris was chairman and chief executive from 1957 until his retirement in January, 1986. Since then, he has been a board member and carried the honorary title of chairman emeritus.