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Joseph Alibrandi

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BUSINESS
October 4, 1994 | L.D. STRAUB, TIMES STAFF WRITER
Whittaker Corp., seeking to reduce its reliance on defense spending and further develop its commercial businesses, said Monday that Joseph F. Alibrandi will relinquish his post as chief executive in order to focus on long-term strategy. Thomas A. Brancati, 58, now the Los Angeles-based company's president and chief operating officer, will assume the chief executive post Jan. 1.
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BUSINESS
October 4, 1994 | L.D. STRAUB, TIMES STAFF WRITER
Whittaker Corp., seeking to reduce its reliance on defense spending and further develop its commercial businesses, said Monday that Joseph F. Alibrandi will relinquish his post as chief executive in order to focus on long-term strategy. Thomas A. Brancati, 58, now the Los Angeles-based company's president and chief operating officer, will assume the chief executive post Jan. 1.
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BUSINESS
June 11, 1990 | TOM PETRUNO
Whittaker Corp. chief Joseph Alibrandi made a lot of money for his shareholders in the late 1980s when he began dismantling the former mini-conglomerate. Now, the 61-year-old Alibrandi is focusing on Whittaker's next phase--as a much smaller firm but a very profitable one, he says. Los Angeles-based Whittaker's stock closed last week at $11 a share, up from $10.625 the previous week, despite the broad market's selloff. Since Jan. 1, the stock has risen 35%.
BUSINESS
June 11, 1990 | TOM PETRUNO
Whittaker Corp. chief Joseph Alibrandi made a lot of money for his shareholders in the late 1980s when he began dismantling the former mini-conglomerate. Now, the 61-year-old Alibrandi is focusing on Whittaker's next phase--as a much smaller firm but a very profitable one, he says. Los Angeles-based Whittaker's stock closed last week at $11 a share, up from $10.625 the previous week, despite the broad market's selloff. Since Jan. 1, the stock has risen 35%.
BUSINESS
December 29, 1985
Joseph F. Alibrandi has been elected chairman of Whittaker Corp., a position that has been vacant since the retirement of Eaton W. Ballard in 1982. Alibrandi, 56, will retain the title of chief executive. Alibrandi joined Whittaker in 1970 as executive vice president and chief operating officer. He became president and chief executive in 1974.
BUSINESS
June 10, 1986
The Los Angeles chemicals and health-care company did not disclose terms of the acquisition of REL Inc., a Boynton Beach, Fla., maker of electronic equipment and systems for the defense and communications industries. Whittaker Chairman Joseph F. Alibrandi said the acquisition of REL is consistent with Whittaker's growth strategy in the high-technology area.
CALIFORNIA | LOCAL
March 12, 1992
It may be true that Joseph Alibrandi and Kevin Teasley ("Power to the Parents!" Commentary, March 2) are interested in offering choice to low-income and minority students. Their initiative doesn't do that. The group drafting the initiative would not agree to reserve 15% to 20% of the spaces in voucher-receiving schools. The authors express concern about meeting the needs of 2 million new students by the year 2000 and the resulting need for increased taxes. If tax dollars follow the student to private and parochial schools, where are the savings?
BUSINESS
February 23, 1985
The plunge in net income, to about $5.7 million from $14.9 million in the previous year, reflected the full impact of closing out Los Angeles-based Whittaker Corp.'s huge hospital operation in Saudi Arabia, President Joseph F. Alibrandi told Dow Jones news service. He said Whittaker expects to receive about $30 million in final payments from the Saudis "in the next couple of months." Revenue fell to about $276.4 million from $349.
BUSINESS
February 6, 1986
Los Angeles-based Whittaker Corp. will buy 86% of Zeta's stock from Computer & Communications Technology for $6.50 per share, or about $33.6 million, and will begin a cash tender offer for the remaining Zeta shares at the same price. The total purchase price will be about $39 million. The acquisition has been approved by the board of directors of each of the three companies. Joseph F. Alibrandi, chairman and chief executive of Whittaker, said the acquisition fits the company's growth strategy.
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