CALIFORNIA - News from March 8, 1987
Goleta-based Applied Magnetics Corp. gave CEO Ben J. Newitt the additional title of vice chairman. Succeeding him as president is William R. Anderson, whose previous post was executive vice president and chief operating officer. Harold R. Frank continues as chairman.
O. M. Fundingsland was promoted to executive vice president-sales and marketing of Applied Magnetics, which manufactures magnetic recording heads for the computer industry.
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