Kilts named Gillette CEO

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Gillette Co. named James M. Kilts, former president-CEO of Nabisco, as its new chairman-CEO. Mr. Kilts replaces Michael Hawley, who was ousted on Oct. 19 by shareholders unhappy with the company's low-performing stock. Edward DeGraan, who had been acting as Gillette's CEO since October, will remain as president and chief operating officer, his previous post.

Copyright January 2001, Crain Communications Inc.

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