SEATTLE, Oct. 3, 2005 (PRIMEZONE) -- Vulcan Inc., the investment and project management company founded by Paul G. Allen, today announced the appointment of Denise K. Fletcher as Executive Vice President, Finance. In her role at Vulcan, Fletcher will be responsible for creating and implementing long-term financial plans and strategies to achieve Vulcan's goals across a diverse portfolio of businesses and initiatives.
Fletcher brings to Vulcan more than 20 years' experience as a senior corporate financial officer, with expertise in the financial services, publishing and media, healthcare, e-commerce and technology and energy industries. She served as CFO of Davita, Inc.; MasterCard International; and Bowne and Company, the world's leading financial printer; as treasurer of The New York Times Company; and as assistant treasurer of Getty Oil (Eastern Operations) Inc. Fletcher is a director of Unisys Corporation, and has served on the boards and board committees of Sempra Energy, Orbitz, and Software, Etc. Stores.
"Denise's strengths in finance and investments, acquisitions, strategy and controls, and her familiarity with many of the sectors in which Vulcan is involved, make her a welcome addition to our senior management team," said Jody Patton, President and CEO of Vulcan Inc. "Her expertise will be valuable across the full range of Vulcan's initiatives."
Fletcher received her Bachelor's degree from Wellesley College, and holds a Master's degree from Harvard University.
About Vulcan Inc.
Vulcan Inc. creates and advances a variety of world-class endeavors and high-impact initiatives that change and improve the way people live, learn, do business and experience the world. Founded in 1986 by investor and philanthropist Paul G. Allen, and under the direction of President and CEO Jody Patton, Vulcan oversees various business and charitable projects including real estate holdings and investments in more than 40 companies, from Charter Communications, DreamWorks SKG and Digeo, to the Sporting News, the Seattle Seahawks NFL and the Portland Trail Blazers NBA franchises. In addition, Vulcan projects and affiliate organizations include the Allen Institute for Brain Science, SpaceShipOne, First & Goal Inc., independent film production company Vulcan Productions, the acclaimed Seattle Cinerama Theatre, Experience Music Project, the Science Fiction Museum and Hall of Fame, and the Paul G. Allen Family Foundation. For more information about Vulcan, visit www.vulcan.com