Overseas Private Investment Corporation Nomination of Dean R. Axtell To Be Executive Vice President.

The President today announced that he will nominate Dean R. Axtell, of Park Forest, Ill., to be Executive Vice President of the Overseas Private Investment Corporation. He would replace David Gregg, resigned.

Axtell has been president of DESA Industries Division of AMCA International Corp., a manufacturer of consumer and construction products.

He was born April 11, 1927, in Kenosha, Wis. He received a B.B.A. from the University of Wisconsin in 1950 and became a certified public accountant in 1953.

From 1955 to 1974, he was with the firm of Inland Ryerson Construction Products Co., initially as an accountant and finally as vice president for building systems, then vice president for operations. From 1974 to 1976, he was vice president and general manager of Varco-Pruden Division of AMCA International Corp.