Dow Corning
This article was originally published in The Gray Sheet
Executive Summary
Completes leadership transition with appointment of President and CEO Richard Hazelton, 51, as chairman of the board "effective immediately." Hazelton replaces Keith McKennon, 60, who has served as chairman since February 1992 and is retiring. Hazelton will continue as CEO, a position he took over from McKennon in June 1993, but will relinquish the position of company president, which he has held since January 1993. Executive Vice President Gary Anderson, 49, becomes Dow Corning president. McKennon, a crisis management specialist, came to Dow Corning from Dow Chemical in February 1992, at the height of the silicone breast implant controversy ("The Gray Sheet" Feb. 17, 1992, p. 5)