The president and chief executive officer of Kennecott is retiring in June. Frank Joklik will be succeeded by Robert Cooper, the current chief operating officer.
Joklik has headed Kennecott, a wholly-owned subsidiary of RTZ (NYSE), since 1960.
Kennecott’s return to economic health after grave difficulties in the early and mid-1980s reflects Joklik’s tireless efforts, said RTZ CEO Robert Wilson.
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