Article: SHELDON ERIKSON NAMED PRESIDENT & CEO OF NEW COOPER CAMERON CORPORATION; COOPER CAMERON NOW OPERATING AS INDEPENDENT SUBSIDIARY OF COOPER

HOUSTON, Jan. 3 /PRNewswire/ -- Cooper Industries, Inc. (NYSE: CBE) announced today that Sheldon Erikson has been named President and Chief Executive Officer of Cooper Cameron Corporation. Cooper Cameron is the company that has been established for the split-off of Cooper's petroleum and industrial equipment business.

Cooper Cameron began to operate as a separate, wholly owned subsidiary of Cooper Industries as of January 1, 1995. It will become an independent, publicly owned company when it is offered to Cooper Common shareholders in a previously announced exchange offer that is expected to begin during the second quarter. Robert Cizik, Chairman and Chief ...

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