NASSCO Elects V o r t m a nn President A n d CEO

National Steel and Shipbuilding Company (NASSCO) recently announced that R.H. Vortmann has been elected president and chief executive officer of NASSCO, a wholly owned subsidiary of Morrison- Knudsen Company, Inc. He succeeds C.L. French, chairman and chief executive officer, who retired.

Mr. Vortmann had served as president and chief operating officer since February 1984. Mr. French was elected to the position of chairman and chief executive officer at the same time.

Mr. Vortmann joined NASSCO in 1976 as vice president of finance and planning, became executive vice president-operations in 1980, and was elected president and chief operating officer in 1984. Prior to joining NASSCO, Mr. Vortmann held a number of financial management and corporate planning positions with the Kaiser companies. He holds Bachelor and Master of Business Administration degrees from the University of California at Berkeley.

Mr. French began his career with NASSCO in 1967 and served as vice president of engineering from 1974 to 1976, when he was elevated to executive vice president. In 1978, he was elected president and chief operating officer, a position he held until being elected chairman and chief executive officer.

"During Larry French's tenure as chief executive, NASSCO has been a star performer within the Morrison-Knudsen organization," said W.J. Deasy, president and chief executive officer of the Boisebased holding company. "On behalf of the corporation and its stockholders, I extend best wishes to him during his retirement," Mr. Deasy added.

Maritime Reporter Magazine, page 7,  Apr 1986 Pennsylvania

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