Article: Park Electrochemical Corp. Announces: Retirement of E. Phillip Smoot from Company, Merger of Nelco International Corporation Subsidiary into Parent Corporation, and Election of New Corporate Officers.

LAKE SUCCESS, N.Y., May 25 /PRNewswire/ -- Park Electrochemical Corp, (NYSE: PKE) today announced the retirement of E. Phillip Smoot from the company effective August 29, 1999. The company also announced that it has entered into a consulting agreement with Mr. Smoot for the period commencing on August 30, 1999 and ending on March 2, 2003. Mr. Smoot has been employed by the company since 1981, and has served as the President and CEO of the company's Nelco International Corporation subsidiary since 1993. In that position, Mr. Smoot supervised the company's global electronic materials business. Mr. Smoot also served as Executive Vice President of the company since 1988 ...

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