The Houston Chronicle

                    October  6, 1992, Tuesday, 2 STAR Edition

SECTION: BUSINESS; Pg. 5

LENGTH: 191 words

HEADLINE:  Maxxam president  planning to step down at end of the year

BYLINE: L.M. SIXEL; Staff

 BODY:     Maxxam President  John ""Mick'' Seidl will resign from the 
company at the end of the year.

   Citing personal reasons, Seidl also will leave his posts as chairman 
and chief  executive officer of Maxxam's  subsidiary companies, Kaiser 
Aluminum Corp. and Kaiser Aluminum & Chemical Corp. He will also quit as 
Pacific Lumber Co. chairman.

   Seidl also will resign as director of Maxxam, the Kaiser companies and 
Pacific Lumber.

   Seidl did not return a telephone call seeking comment.

   Maxxam spokesman Robert Irelan said Seidl wanted to limit his comments 
to those in a press release released Monday that stated: ""I have been 
lucky enough to have held interesting and exciting leadership positions 
in a number of companies in American business and industry since 1978.  
Those 14 years have been great fun.  I also have had the good fortune to 
have enjoyed challenging positions in the academic world and the federal 
government in Washington, D.C., before my business career.  Nineteen 
ninety three is the right year for me to reflect on all those experiences 
and decide how I wish to spend the next 10 to 15 years of my life. ''

                                                                       
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