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Maytag names Hake chairman and CEO; Hadley to stay on

Article Abstract:

Ralph F. Hake has been appointed as the new chairman and chief executive of Maytag Corp. Hake is replacing Len Hadley, who will remain with the firm as a consultant, as Maytag's chief executive.

Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
MYG, Hadley, Len, Hake, Ralph F.

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Maytag chairman to retire from business he remade

Article Abstract:

Maytag Corp.'s chairman Leonard A. Hadley announced that he will retire from his post on August 12, 1999. Mr. Hadley was the man who headed Maytag as it experienced a resurgence in the last few years. Lloyd D. Ward, a former executive with PepsiCo. Inc., will replace Mr. Hadley. Mr. Ward is Mr. Hadley's hand-picked replacement. Mr. Ward has been with Maytag since 1996 and is the company's president and chief operating officer.

Comment:

Chairman Leonard A. Hadley to retire from post on August 12, 1999

Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999

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Maytag expects to miss targets for quarter, and stock skids 26%

Article Abstract:

Maytag Corp. is expecting to post disappointing earnings results for the third-quarter of 1999. The company blames the expected results on lower-than-expected sales of its low- to midprice home appliances. Maytag posted $73.9 million in net earnings during the third-quarter of 1998. In the fourth-quarter of that same year, the company posted $66.4 million in earnings.

Comment:

Expecting to post disappointing earnings results for third-quarter of 1999

Author: Quintanilla, Carl
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999
Sales, profits & dividends, Finance, Abstract

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Subjects list: United States, Officials and employees, Appointments, resignations and dismissals, Home appliances industry, Appliance industry, Appliances, Maytag Corp.
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