President Quits at Ducommun
After just one year on the job, David G. Schmidt announced Wednesday that he will resign as president and a director of Ducommun Inc., effective Feb. 26.
There was no explanation of Schmidt’s departure in a brief company statement, and Ducommun officials contacted Wednesday declined to comment.
The announcement said Schmidt would continue as a company consultant for “an indefinite period.”
According to a company spokesman, Chairman Wallace W. Booth said he will propose that Ducommun directors elect W. Donald Bell as president. Currently, Bell is a senior vice president and president of the Ducommun electronics group in Cypress, Calif.
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