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[Teledyne Logo]
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NEWS RELEASE
FOR IMMEDIATE RELEASE Contact: Rosanne O'Brien
Teledyne, Inc.
310/551-4265
DR. WILLIAM OUCHI NAMED TO TELEDYNE BOARD OF DIRECTORS
LOS ANGELES, Calif., APRIL 24, 1996 -- William G. Ouchi, well-known author
and professor of management in the Anderson Graduate School of Management at
UCLA, has been named to the Board of Directors of Teledyne, Inc. (NYSE:TDY).
This appointment expands the number of Teledyne directors to nine.
Dr. Ouchi's first book, THEORY Z: HOW AMERICAN MANAGEMENT CAN MEET THE
JAPANESE CHALLENGE, was a national best seller and has been published in 14
foreign editions. For more than 20 years, Dr. Ouchi, 52, has served as a
management consultant to several of the largest manufacturing corporations in
the world. Dr. Ouchi also served as advisor and then Chief of Staff to Los
Angeles Mayor Richard Riordan from 1993 to 1995.
"Dr. Ouchi is an internationally respected expert on management both in the
academic and business environments. We look forward to his valuable
contributions to Teledyne's Board," said William P. Rutledge, Teledyne chairman
and chief executive officer.
Dr. Ouchi holds a bachelor's degree from Williams College, an MBA from
Stanford, and a doctorate from the University of Chicago.
Dr. Ouchi, a member of UCLA's faculty since 1979, teaches management and
organization design and conducts research on the structure of large
organizations, especially high-technology manufacturing companies and automobile
manufacturers. Prior to joining UCLA, he taught at the University of Chicago and
Stanford University. He also continues as Chairman of the Riordan Programs,
which serve minority high school and college students in Southern California.
Currently, Dr. Ouchi serves on the Boards of Directors of First Federal Bank
of California, Williams College, KCET public television, California Community
Foundation, and the Commission on Presidential Debates. He is also a member of
the Consumer Advisory Committee of the U.S. Securities and Exchange Commission,
and of the Real Estate Advisory Committee of the Trust Company of the West.
Teledyne, Inc. is a federation of technology-based businesses serving
worldwide customers with commercial and government-related aviation and
electronics products; high-value specialty metals for consumer, industrial and
aerospace applications; and industrial and consumer products.
Teledyne Corporate Relations Department 2049 Century Park East Los Angeles, CA
90067-3101 Telephone 310-551-4268
