COMPANY TOWN ANNEX
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<i> Times Staff and Wire Reports</i>
Iwerks Entertainment Inc. Names CEO: The Burbank-based maker of three-dimensional motion-simulation systems said Roy Wright will succeed Stanley Kinsey as chief executive. Wright, currently the chief operating officer of Iwerks, will also assume the previously vacant role of president. In addition, Wright was elected to the company’s board. Kinsey, a co-founder of the company, will remain chairman. Kinsey said the transition is effective July 1, the beginning of the company’s 1996 fiscal year.
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