From: price@mrktng.enet.dec.com ("Dave Price, UNIX Press Relations  24-Jul-1992 1645")
Newsgroups: biz.dec
Subject: DECnews/Digital Elects Robert B. Palmer President and CEO
Date: 24 Jul 92 20:47:03 GMT
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||||||||||||  DEC n e w s  ||||||||||||||||||||||||||||||||||||||||||||||||
                                              Digital Equipment Corporation
                                          Maynard, Massachusetts 01754-2571
Editorial contact:

Dallas Kirk
(508) 493-4562


            DIGITAL ELECTS ROBERT B. PALMER PRESIDENT
                   AND CHIEF EXECUTIVE OFFICER,
             AND A MEMBER OF THE BOARD OF DIRECTORS



MAYNARD, MASS. -- July 22, 1992 -- Digital Equipment Corporation 
announced today, as expected, that its Board of Directors has 
elected Robert B. Palmer President, Chief Executive Officer, and 
a member of Digital's Board of Directors.  Palmer's membership on 
the Board of Directors is effective immediately.  He will assume 
the positions of President and Chief Executive Officer effective 
October 1, 1992, when Kenneth H. Olsen retires.
     In connection with Ken Olsen's plan to retire, Digital's 
Board of Directors released the following statement:
     	    Ken Olsen is a computing pioneer and has 
          made unprecedented contributions to the 
          industry.  Throughout his long and 
          distinguished career he has won the respect 
          and admiration of employees, customers, and 
          business partners.
      	    When he started Digital, he took on the 
          enormous challenge of converting the world to 
          a revolutionary style of interactive 
          computing.  His creativity and success in 
          doing this and building Digital are 
          unparalleled achievements.  Ken's leadership 
          has made computing approachable and affordable.  
          This vision is the foundation of Digital.  
       	    Ken's vision attracted and challenged some 
          of the most talented people in the industry. 
     	  One of them, Bob Palmer, will succeed Ken.  
          We have observed Bob for many years.  We are 
          confident that he and his management team 
          will build aggressively and creatively on the 
          Ken Olsen legacy.
     Olsen founded Digital in 1957, and has been its only chief 
executive officer.  He is a member of the Boards of Directors of 
Polaroid Corporation and Ford Motor Company; the Corporation of 
MIT, Cambridge, Mass.; board of trustees, Gordon College, Wenham, 
Mass.; the Corporation of Wentworth Institute, Boston; and a 
Deacon of Boston's Park Street Church. 
     Digital Equipment Corporation, headquartered in Maynard, 
Massachusetts, is the leading worldwide supplier of networked 
computer systems, software and services.  Digital pioneered and 
leads the industry in interactive, distributed and multivendor 
computing.  Digital and its partners deliver the power to use the 
best integrated solutions - from desktop to data center - in open 
information environments.


                               ###

CORP/93/740
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