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Technology Stocks : Ampex Corp: Digital Storage
AMPX 10.04+5.9%9:51 AM EST

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To: Andrew Q. Viet who wrote (1185)1/8/1997 9:05:00 PM
From: karl sloth   of 3256
 
Since there is currently no Ampex news, here's a Maxtor press release:

MILPITAS, Calif.--(BUSINESS WIRE)--Jan. 8, 1997--Maxtor Corp.
today announced the appointment of William Roach to the position of
senior vice president, sales and marketing, and John Stahl as vice
president, Quality.

"One of our top priorities at Maxtor is to bring world-class
employees to our company," said Maxtor President and Chief Executive
Officer Michael R. Cannon. "I'm very pleased to round out our
senior management team with two successful and well-respected
industry professionals."

Newly appointed Sales and Marketing Vice President William
Roach, 52, comes to Maxtor from Quantum Corp., where he most
recently held the position of executive vice president, Worldwide
Sales. During his tenure, Quantum's sales increased dramatically in
all sales channels and grew to become the second-largest hard disk
drive manufacturer in the world. Prior to Quantum, Roach held a
number of positions with Intel Corp., including director of
Worldwide Distribution Sales. He also has experience with Digital
Equipment Corp. and Texas Instruments. Roach holds a B.S. in
Industrial Economics from Purdue University.

John Stahl, 52, vice president of Quality, joins Maxtor from
Seagate Technology, where he held the position of vice president,
Recording Head Quality. Prior to Seagate, he held various executive
positions with Storage Technology Corp., Iomega Corp. and IBM.
Stahl holds an M.S. in Applied Mechanics from the University of
California at Berkeley and a Ph.D. in Applied Mechanics from the
California Institute of Technology.

Maxtor Corp., headquartered in Milpitas, Calif., develops,
manufactures and markets information storage products for desktop
and mobile computer systems. A wholly owned independently operated
subsidiary of Hyundai Electronics America, Maxtor had sales of
$1.2 billion in the calendar year 1995.

-karl
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