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July 29, 2002

Kvaerner Philly puts employees on its board
Taking its implementation of the European approach to shipbuilding a step further, Kvaerner Philadelphia Shipyard, Inc. has appointed three employees to its Board of Directors. The new Board Members--crane operator Gary J. Gaydosh, hull erection welding team leader Kim L. Gibbons and quality coordinator Teddy R. Stansbury--have, says Kvaerner Philadelphia, "become key members in the decision-making process."

The idea of having union representation on the Board of Directors stems from Kvaerner's European influence and the importation of the European shipbuilding philosophy. The proposal to Kvaerner Philadelphia by its Board was to have its union, the Philadelphia Metal Trades Council, nominate two of its members, and have the administrative employees nominate a fellow non-union worker. The proposal was accepted, and Gaydosh, Gibbons, and Stansbury became the first KPSI employees to be appointed to the Board.

"We are pleased that Gary, Kim, and Teddy will serve on our Board of Directors. The decision to appoint three of our own employees will help to ensure that there is clear and direct communication between our workers and Board Members. We are now another step closer to becoming the number one commercial shipyard in the U.S.," stated Ron J. McAlear, KPSI President & CEO.

The newly appointed members will join the following Members on the Board.

  • Leif Arne Langoy, Chairman, KPSI - President & CEO, Aker Kvaerner Yards
  • Harald Rafdal, Vice Chairman & Director, KPSI -
  • Pekka Olsson, Director, KPSI - Executive Vice President, Aker Kvaerner Yards
  • Karl Erik Kjelstad, Director, KPSI - Executive Vice President, Aker Kvaerner Yards

"By being a Member of the Board, it grants me the opportunity to assess the big picture from which I'm able to better understand the company's operations. Through this, I am better able to contribute to making this vision a reality," Stansbury said.

"I'm honored to have been elected by my peers to represent them on the Board. I hope to improve the communication between workers and our Company, so that we may work together as one team," said Gibbons.

"I feel this is a great opportunity to work with upper-management directly and improve the relations between our blue collar workers and the Executives. We've already begun to see positive changes being made. This is a step in the right direction," Gaydosh added.

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