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Subject: Rubbermaid's Chairman, CEO Resigns
Date: Wed, 18 Nov 92 06:38:52 EST
Message-ID: <money87.1992Nov18.063852@AmeriCast.com>

HEADLINE: Rubbermaid's Chairman, CEO Resigns
Publication Date: Tuesday November 17, 1992
BYLINE: 

Walter W. Williams, 58, has resigned as Rubbermaid Inc.'s chairman
and chief executive for what the company said was personal reasons.

   Wolfgang R. Schmitt and retired Chairman Stanley C. Gault will become
co-chairmen of the Wooster, Ohio-based firm. Schmitt will also serve as
chief executive.

   Gault, who retired as Rubbermaid chairman last year, is chairman of
Goodyear Tire & Rubber Co. He had remained on the Rubbermaid board of
directors after his retirement from Rubbermaid.

   Gault will serve as co-chairman during a transition period, the
consumer products company said.

   Schmitt, 48, was elected president and chief operating officer in
1991. He previously served as executive vice president and as a company
director.


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