Dow Corning Announces Burns as VP
MIDLAND, Mich. (AP) _ Dow Corning Corp.’s board of directors has elected Stephanie Burns as its executive vice president, effective Jan. 1.
Burns, who joined the company in 1983 and has helped guide it through bankruptcy protection, has been its life sciences industry director for Europe since last year. She will move to Midland from Brussels in April.
Burns served from 1994 to 1997 on the company’s Chapter 11 bankruptcy management team. Dow Corning declared bankruptcy in 1995 after thousands of women sued over silicone breast implants they said made them sick.
Under a settlement as part of its $4.5 billion plan to emerge from bankruptcy, Dow Corning is to pay implant claimants $3.2 billion. The company longer makes silicone breast implants.
Burns, who holds a doctorate in organic chemistry from Iowa State University, has held various management positions with Dow Corning. She becomes the first silicon chemist with a doctorate to hold an executive position there since 1971.
Siegfried Haberer, executive vice president, will retire in the second half of 2001. Richard Hazleton, who is leaving active management effective Dec. 31, will continue as board chairman until his retirement next March.
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