WOOLWORTH BRINGS IN DALE HILPERT AS PRESIDENT AND OPERATING CHIEF

NEW YORK--Dale W. Hilpert, chairman and chief executive officer of the Payless ShoeSource division of May Department Stores Co. since 1985, was named president, chief operating officer and a director of Woolworth Corp. on Monday.
Hilpert, expected to join Woolworth around May 15, succeeds Frederick E. Hennig, who retired April 1. He reports to Roger N. Farah, chairman and ceo.
Separately, on Monday, May Co. named Steven J. Douglass to succeed Hilpert as chairman and ceo of Payless. Douglass was the division's executive vice president of retail operations. Maxine K. Clark continues as president of Payless.
In a statement, Farah said Hilpert's background in all aspects of operations will complement Farah's focus on merchandising.

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