WOOL GROUP TO HAVE 1 CEO AFTER MERGER

NEW YORK--The International Wool Secretariat and the Australian Wool Research and Promotion Organization, which in June announced their intention to integrate operations, said it will function under one chief executive to be based in Melbourne, Australia.
Richard Excell, managing director of IWS, in Ilkley, England, will not be a candidate for the chief executive slot, the organizations said. He has informed the IWS board that for personal reasons he would be unable to relocate to Melbourne. He will remain on the IWS board for a while to assist with the merger.
According to Mac Drysdale, IWS chairman, a new chief executive will be appointed early in 1995 to lead the new integrated organization, which will be known as the IWS. The executive will have worldwide responsibility for wool promotion, product innovation and research and development, from farm to consumer.
In the meantime, IWS operational responsibilities will be transferred to Barry Jackson, managing director of AWRAP in Melbourne.
"During Richard Excell's term as managing director since 1991, we have achieved major changes in IWS, which has been transformed into a more cost-effective and market-focused global organization," said Jackson.
In another move, Ian Moir, IWS director of all branch operations, will be appointed to the IWS board. He will remain in Ilkley, reporting to the new chief executive in Melbourne.
Both the IWS and AWRAP focus principally on promotion and research activities in support of apparel wools.

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