BERGSTROM TAKES PARTEK'S TOP JOB
HELSINKI, Finland -- Partek senior executive vice-president Carl-Gustaf Bergström has been appointed president and acting chief executive following the sudden departure of Christoffer Taxell. A company statement said Mr Taxell had "drawn his conclusions" about the failure of Partek's merger with KCI Konecranes. "Taxell has, under difficult circumstances, striven for solutions concerning the company that are as favourable as possible for all shareholders," Partek said in a statement.

OSTERMAN APPOINTED CASCADE CHAIRMAN
PORTLAND, USA -- The board of Cascade Corporation has elected James S Osterman, who was already a company director, as chairman of the attachments giant. Mr Osterman replaces Greg Kubicek, who did not stand for re-election. Mr Osterman has served on the Cascade board since 1994.