Sunbeam-Oster Co.’s board of directors has terminated...
Sunbeam-Oster Co.’s board of directors has terminated Paul Kazarian as chairman and president.
It named Charles Thayer, former chief executive at PNC Financial Corp. and a Sunbeam board member since 1990, as interim chairman and established a new office of the president made up of several executives.
Sunbeam, whose products range from household appliances to outdoor furniture, said in a statement that Kazarian’s departure is in the best interests of shareholders.
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