Industry & Services >> CEO Interviews >> March 22, 1999

William Thomas Stephens – Macmillan Bloedel Ltd (mmblf)

William Thomas Stephens is the President and Chief Executive Officer of MacMillan Bloedel, a position he has held since September, 1997. He has led that company's decision to phase-out clearcutting and has been encouraging increased employee involvement in decision-making at all levels of the company. From 1986 to 1996, Stephens was Chairman, CEO and President of Manville Corporation, headquartered in Denver Colorado. (The title of Chairman was added in 1993.) He started his career with Olinkraft Inc., a predecessor of Manville Forest Products, in 1963 as an engineer. He held a variety of positions with Olinkraft and Manville Forest Products before becoming President and CEO of Manville Forest Products in 1982. From 1985 to 1986 he was Executive Vice President and Chief Financial Officer for Manville Corporation. Stephens is on the Board of Directors of Putnam Investments of Boston, Qwest Communications and New Century Energies, both headquartered in Denver. Born in 1942 in Crossett, Arkansas, Stephens has a Masters Degree in Industrial Engineering from the University of Arkansas. He enjoys family time with his wife Alice and with his three daughters and four grandchildren and his hobbies include duck hunting, boating, trail riding and fishing. Profile
TWST: Give us a brief overview of the company. Your history, products,

services, customers, those kinds of things?

Mr. Stephens: MacMillan Bloedel has been doing business, primarily