Show New N w Park Names New President Other Regional Mining Notes San Sn Francisco April 10 The Board of Directors of New Park Mining C Company AMEX today announced the election of R. R J J. Shop as President of the company at the same time electing George W. W Day to the newly created post of Chairman of the Board Day had been president since 1966 Joined New Park Park as Executive Vice President Fin an alice ance and Administration in September 1969 Shop who whore whore- resides reside's re- re sid sides side's s in Danville with his tiis wife and four children is an M. M MIT MT T. T graduate with an MBA degree from Harvard Halard Graduate School of Business Prior lo to his association with New Park he heser and ad administrative ad- ad ser seii in management ve po positions sit ion s with Peat Marwick Mitchell Co CPAs C.P.A.'s Chicago and The Smith Companies New Orleans Day said that the executive change was the final step in consolidating company executive executive executive exec exec- functions in San Francisco Francisco Francisco Fran Fran- cisco where New Park in 1969 regrouped management activities activities activities formerly divided among San Francisco Salt Lake City and New York City Now that New Park has grown to a business volume approaching 20 million a year year year- yearDa Da Day said its it's essential that authority for planning and andall andall andall all management decisions rest with a time full-time chief executive in our San Francisco offices Day raid aid he planned to continue continue continue con con- in an active role in form form- company policy arid and co coordinating coordinating coordinating co- co the activities of the Board New Park Mining Company operates mining and minerals exploration projects in the US U.S. and Canada conducts oil and gas exploration In Joint venture von ven ture with petroleum companies and through its Us subsidiaries in Louisiana and Nevada has a growing position in special services services services ser ser- vices to the petroleum industry and in steel fabrication and erection The company I last as t week reported 1969 earnings of 47 per share as compared with 33 in 1968 S k |