01:06 PM PRN Rentech Continues Expansion of Its Board of Directors
04/24/98 PRN Rentech Welcomes New Member to Its Board of Directors
Rentech Continues Expansion of Its Board of Directors
April 28, 1998 01:06 PM
DENVER, April 28 /PRNewswire/ -- Rentech, Inc. RNTK , the developer and marketer of a patented and proprietary process for the conversion of low-value gases to valuable liquid hydrocarbons including clean- burning diesel fuel, naphtha and waxes, today announced the appointment of John P. Diesel to its Board of Directors.
Mr. Diesel brings a very diverse and immensely experienced business background to Rentech. Mr. Diesel received a Bachelor of Science degree in Industrial Engineering from Washington University in 1951. Prior to attending the university he served in the United States Navy as an aviator in the western Pacific. Mr. Diesel was employed by McQuay-Norris Manufacturing Co. from 1951 to 1957 in the production of proximity fuses. He joined Booz Allen and Hamilton in 1957 remaining there until 1961, and being elected to the partnership in that time. Mr. Diesel joined A.0. Smith Corporation as Vice President of Planning, held a series of manufacturing officers positions, including group vice president. In 1972 he became President of Newport News Shipbuilding, a wholly-owned subsidiary of Tenneco. During his 5 year term he was responsible for, among other projects, the design and construction of the nuclear-powered aircraft carriers Nimitz class and Los Angeles class submarines. Mr. Diesel moved to the position of executive vice president of Tenneco Inc. in 1977, with responsibility for their automotive, farm and construction equipment and packaging businesses. He was elevated to President and a director of Tenneco in 1978. During his tenure at Tenneco, and after retiring, Mr. Diesel served on numerous boards of directors. These directorships included the Aluminum Company of America, Brunswick Corp., Allied Stores, Pullman Corporation, Cooper Industries and Financial Institutions Reinsurance Group. He continues to serve on the board of Telepad Corporation.
Dennis L. Yakobson, President and CEO of Rentech stated, "Rentech is very excited about the addition of Mr. Diesel to our board of directors. His presence provides us with a veteran board that is both technically and commercially adept and seasoned which has the ability to successfully move Rentech and its shareholders into the next millennium."
The addition of John P. Diesel brings the total number of board members at Rentech to seven.
For more information please contact Mark Koenig, Director-Investor Relations, Rentech, Inc. at 303-298-8008 or e-mail at RNTK1331@aol.com or visit Rentech's web site at www.gastoliquids.com. SOURCE Rentech, Inc.
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