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Technology Stocks : Trimble Navigation

TRMB 83.32

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To: arun gera who wrote (2692)	8/20/1998 8:23:00 AM
From: Richard Singer	Read Replies (1) of 3506

Arun - Here's one.... Trimble Navigation Pres, CEO Charles Trimble Steps Down SUNNYVALE, Calif. (Dow Jones)--Trimble Navigation Ltd.'s (TRMB) president and chief executive, Charles Trimble, stepped down in these posts, effective immediately. In a press release Thursday, the company said it named Bradford Parkinson acting president and chief executive, while the company undertakes a search for Trimble's replacement. Parkinson is a director. Trimble Navigation named Robert Cooper chairman. Cooper, who has been a board member since 1986, is president of Atlantic Aerospace Electronics Corp. The company wasn't available to disclose Trimble's plans now that he is leaving the company. Trimble Navigation is engaged in the emerging commercial markets for GPS satellite-based navigation, positioning and communications data products.

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