OEA Appoints New Board Members
18 November 1998
OEA Appoints New Board Members Richard L. Corbin and Donald E. MillerDENVER, Nov. 18 -- OEA, Inc. today announced the addition of Richard L. Corbin and Donald E. Miller to its Board of Directors. Mr. Corbin was named executive vice president and chief financial officer of Cordant Technologies, Inc. (formerly Thiokol Corporation) in 1998 after joining the company as senior vice president and CFO in 1994. He is responsible for Cordant's financial organization, including the departments of the controller, treasurer, business development and acquisitions, investor relations, and internal audit. Prior to joining Cordant, he was chief financial officer and vice president of administration for the Space Systems division of General Dynamics Corporation and also held financial positions with LTV and Honeywell. Cordant Technologies is a leading aerospace company whose sales have grown from $1 billion in 1994 to $2.4 billion today. Mr. Miller spent the majority of his 45-year career with The Gates Corporation, retiring in 1996 as vice chairman. After joining Gates in 1961 as an automotive products sales and marketing specialist, he held senior management positions prior to being named president of Gates Rubber Company in 1982 and chief operating officer and president of The Gates Corporation in 1986 and 1987, respectively. As president and COO he was responsible for all domestic and international operations (manufacturing, sales, marketing, R&D, acquisitions, strategic planning) and directed a tripling of sales. Miller currently serves on the Board of Directors of Sentry Insurance, Lennox Industries, Inc. and Chateau Communities, and is the President of the Board of the Colorado School of Mines Foundation. "We welcome the addition of Mr. Corbin and Mr. Miller to OEA's board," said Robert J. Schultz, OEA's chairman. "They have enjoyed highly successful careers in related industries and bring to OEA a wealth of experience for both our automotive and aerospace businesses." OEA is the technology leader and a major manufacturer in the air bag inflator and initiator industry. The Company is also a leader in the design and manufacture of personnel escape systems for military aircraft and high-reliability devices for missile and aerospace applications.