Thursday, Sep 10, 1992
South San Francisco, Calif. -- September 10, 1992 --Genentech, Inc. today announced the election of Linda Fayne Levinson, 50, as a member of the company's board of directors.
Levinson is a partner of Wings Partners, the Los Angeles-based merchant bank whose holdings include Northwest Airlines. Her responsibilities with the partnership focus on the strategic and financial evaluation and implementation of transactions. In addition, Levinson focuses on strategic and labor relations issues at Northwest.
Prior to joining Wings Partners, Levinson was a senior vice president of the Travel Division of the American Express Travel Related Services Company and before that was partner at McKinsey & Company, advising clients in the area of strategic management and organizational change. Ms. Levinson was named the first woman partner at McKinsey & Company.
Levinson received her undergraduate degree from Barnard College and holds a master's degree in Russian Literature from Harvard University and a master's of business administration degree from New York University.
"Linda Levinson's strategic judgement and international business experience should make a great contribution to Genentech's future," said Robert A. Swanson, chairman of the board and founder of Genentech, Inc.
Genentech, Inc. is a leading biotechnology company that discovers, develops, manufactures and markets human pharmaceuticals for significant medical needs. The company has headquarters in South San Francisco, California and is traded on the New York and Pacific Stock Exchanges under the symbol GNE.
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