{ "market" : {"NAME" : "U.S.", "ID" : "us_market", "TZ" : "ET", "TZOFFSET" : "-18000", "open" : "1259073045", "close" : "1259096445", "flags" : {}} , "STREAMER_SERVER" : "http://streamerapi.finance.yahoo.com","arrowAsChangeSign" : false,"throttleInterval": "1000"}
ap

Foster Wheeler elects new board member

Former Procter & Gamble executive elected to Foster Wheeler board of directors

  • On 10:08 am EST, Wednesday November 4, 2009

A former executive at Procter & Gamble Co. has been elected to the board of directors of Foster Wheeler AG, the Switzerland-based engineering and construction firm said Wednesday.

Clayton C. Daley Jr., 57, was vice chairman of Procter & Gamble from January until his retirement in September, Foster Wheeler said. He also served as Procter & Gamble's chief financial officer.

Foster Wheeler shares rose $1.53, or 5.2 percent, to $31.23 in morning trading.

Sponsored Links

Copyright © 2009 The Associated Press. All rights reserved. The information contained in the AP News report may not be published, broadcast, rewritten, or redistributed without the prior written authority of The Associated Press.