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Non-Tech : Philip Morris - A Stock For Wealth Or Poverty (MO)
MO 64.17+3.1%10:34 AM EST

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To: Demetre Deliyanakis who wrote (3598)4/7/1999 6:04:00 PM
From: Duker  Read Replies (2) of 6439
 
Philip Morris pushes out Miller's top executives

NEW YORK, April 7 (Reuters) - Philip Morris Cos. Inc. (NYSE:MO - news) on Wednesday replaced the top management at its Miller Brewing Co. unit, including its chief executive officer and top sales and marketing executives, in a bid to improve the performance of the world's No. 3 beer brewer.

''We decided we needed to make a management change in order to upgrade Miller's performance,'' Philip Morris spokesman Bob Minkoff told Reuters.

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