As Wallace Reevaluates Business Plan, CEO Departs
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Cronin began his career in 1967 as a Wallace sales representative and later held successive sales management positions culminating in senior vice president of sales and marketing. He was named president and CEO in 1992 and chairman in 1998.
Stearns, 63, is the former president and CEO of CC Industries, a holding company with manufacturing and real estate development operations. Stearns joined the Wallace board in 1990.
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