Ex-Apollo President Named New CEO at Honeywell Bull
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Honeywell Bull has picked a new chief executive, Roland D. Pampel, who had resigned as president of Apollo Computer on July 14.
Pampel said at the time of his resignation from Apollo that he was interested in being a chief executive at another company. His announcement came after Apollo’s surprise announcement that it would lose money in the second quarter.
Pampel, 53, succeeds Jerome J. Meyer, effective Monday. Meyer will, as planned, rejoin Honeywell Inc. in Minneapolis as president of the industrial automation and controls business, the company said in a statement.
Pampel began his career with International Business Machines, where he managed the initial development of IBM’s Systems Network Architecture. He worked at Prime Computer and American Telephone & Telegraph Co. before joining Apollo in 1986.
Pampel became president and chief operating officer in July, 1987. Apollo attributed its $8-million second-quarter loss to customers’ waiting for new products and the failure of its West German subsidiary to achieve sales goals.
Honeywell Bull was formed in March, 1987, as a joint venture of France’s Compagnie des Machines Bull, Honeywell of the United States and NEC of Japan.
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