Management Changes At Dearborn-Storm

Dearborn-Storm Corporation, Chicago, 111., operators of offshore drilling equipment, announced the following management changes acted upon at the recent board of directors meeting.

Arthur Weiss, formerly president of Dearborn-Storm, was named chairman of the board and chief executive officer. Mr. Weiss has served as president and director since the company began operations on June 1, 1967.

Charles R. DeLay was appointed president and the company's chief operating officer. Mr. DeLay was formerly president of Dearborn's largest division, Storm Drilling Company. His association with Storm Drilling began in 1960, and he has been associated with the oil industry for more than 25 years.

Jerome T. Weil was named vice president, finance and treasurer and elected to the board of directors.

Prior to joining the company, he was vice president, finance and administration, for an international manufacturing company.

Jerry C. Martin was appointed corporate controller and an officer of the parent company. Mr. Martin was formerly the financial planning manager of Dearborn.

Mr. Weiss, newly elected chairman of the board, stated that these management changes should provide greater continuity in Dearborn's ever-increasing offshore service activities.

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