Feb. 28--William W. "Bill" Boeschenstein, the former chairman and chief executive officer of Owens Corning, has died, the company announced today.
He was 91.
Mr. Boeschenstein, the son of Owens Corning's first chief executive officer, Harold Boeschenstein, served as chief executive officer from 1973 to 1990 and as chairman from 1981 to 1990. He had joined the company in 1950.
He died in Florida Saturday, a company spokesman said.
Combined with his father's leadership, the two Boeschensteins led the company for more than five decades.
The younger Boeschenstein is known for leading the organization during a hostile takeover attempt that began in 1986. It resulted in Owens remaining as an independent company.
During his tenure, Owens Corning changed the roofing industry to switch to fiber glass-reinforced shingles and the company adopted its pink cartoon panther to serve as its iconic ambassador.
"Bill's strong values and commitment to integrity created a culture that is still thriving today at Owens Corning," said Mike Thaman, Owens Corning chairman and chief executive officer, in a written statement. "As a former colleague and personal friend, Bill will be missed for his contributions to the company, and for his generous support to our community."
Mr. Boeschenstein graduated from Yale University and served in the U.S. Army Air Force during World War II, according to the company.
The elder Mr. Boeschenstein died in 1972.
William Boeschenstein, William W. "Bill" Boeschenstein, owens corning
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