Zapata Names Four Senior Executives To New Posts

Zapata Corporation, Zapata Tower, P.O. Box 4240, Houston, Texas 77001, has announced that its board of directors has elected four senior corporate executives to new posts.

Zapata said that Ronald C. Lassiter and Michael R. Naess, who have been executive vice presidents and chief operating officers of the company's natural resource products and services groups, respectively, have been named senior executive vice presidents. Mr.

Lassiter will continue to head the products group, which includes copper and coal mining, as well as menhaden, anchovy and tuna fishing. Mr. Naess will remain responsible for the services group, which involves offshore drilling, marine services, bulk shipping, construction and dredging.

The company said that Robert B. Wall, senior vice president and chief financial officer, has been promoted to executive vice president and chief financial officer.

Paul L. Kelly, vice presidentadministration, has been promoted to senior vice president-corporate affairs. Under Mr. Wall are the company's accounting, treasury and tax departments, and investor relations, while Mr. Kelly is responsible for legal affairs, the corporate secretary function, and governmental, public and employee relations.

Maritime Reporter Magazine, page 18, Oct 15, 1977

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