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From Times Staff and Wire Reports
New Woolworth Chief Elected: Woolworth Corp. announced the election of William K. Lavin to succeed retiring Harold E. Sells as chairman and chief executive effective July 1. Sells, who turns 65 in July, will remain a director of the company. Lavin, 48, serves as chief financial officer and executive vice president. He joined the retailer in 1981 as an assistant controller and was elected chief financial officer in 1986.
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