Monday, Feb 22, 1988
South San Francisco, Calif. -- February 22, 1988 --Genentech, Inc. today announced the election of J. Richard Munro to its board of directors. Mr. Munro is chairman and chief executive officer of Time Inc.
"We are extremely pleased to have Mr. Munro on our board of directors," said Robert A. Swanson, chief executive officer. "His business acumen and broad management experience will be valuable additions to Genentech's board."
Mr. Munro is also a director of SBM Corporation and the Rand Corporation. He was first elected to Time Inc.'s board of directors in 1978.
Active in civic affairs, he is a member of the President's Council on Physical Fitness and Sport, a member of the National Arthritis, Diabetes, and Digestive and Kidney Diseases Advisory Council, a member of the International board of directors of the Juvenile Diabetes Foundation and chairman of its Council on Research Development.
Genentech, Inc. is a leading biotechnology company focusing on the development, manufacture and marketing of pharmaceuticals produced by recombinant DNA technology.
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