Wynn's International, Inc. Declares Dividend
30 April 1998
Wynn's International, Inc. Declares Dividend
ORANGE, Calif., April 29 -- Wynn's International, Inc.
announced that the Board of Directors has declared a regular
quarterly dividend of six cents ($0.06) per share of common stock, payable
June 30, 1998 to stockholders of record on June 17, 1998. This represents the
93rd consecutive quarterly dividend payment since 1975.
The Company also announced that Donald C. Trauscht, former Chairman and
Chief Executive Officer of Borg Warner Corporation, was elected to the Board
of Directors to fill a vacancy. At the same meeting, the following officers
were elected:
James Carroll Chairman of the Board and Chief
Executive Officer
John W. Huber President and Chief Operating
Officer
Seymour A. Schlosser Vice President-Finance and Chief
Financial Officer
Gregg M. Gibbons Vice President-Corporate Affairs
and General Counsel
Wendy K.K. Nishikawa Secretary and Assistant General
Counsel
James F. Barlow Treasurer and Controller
Jean Melton Assistant Secretary
The Company also announced that at the Annual Meeting of Stockholders
immediately preceding the Board meeting, the stockholders had elected Bryan L.
Herrmann, Robert H. Hood, Jr. and Richard L. Nelson as directors for three-
year-terms ending in 2001; and approved Ernst & Young as independent auditors
for the fiscal year ending December 31, 1998. Also approved was an amendment
to the Company's Certificate of Incorporation to reduce par value of the
Company's Common Stock from $1.00 per share to $0.01 per share.
Wynn's International, founded in 1939, is a worldwide supplier of high
quality 0-rings and sealing products; specialty chemical products, equipment
and related service programs; and builders hardware supplies. The Company is
headquartered at 500 North State College Boulevard, Suite 700, Orange,
California 92868, telephone: 714-938-3700.
SOURCE Wynn's International, Inc.