LOS ANGELES COUNTY - News from Jan. 22, 1987

Raymond F. Henze III has been named president and chief operating officer of Pacific Holding Co. by its chairman and sole owner, David H. Murdock. Henze will serve in a newly created office of the chairman with Murdock and Jeffrey O. Henley, executive vice president.

Henze, 34, will have direct management responsibility for operations of all public and private companies owned and managed by Murdock’s diversified empire, headquartered in Los Angeles.

These include publicly traded Castle & Cooke, now based here. Through control of Castle & Cooke and Dole Food Co., Murdock’s holding company bills itself as the world’s largest supplier of fresh fruit and vegetables and has shipping and real estate interests in Hawaii and California. Pacific also has interests in hotels, textiles, building products, commercial real estate, land development and antiques.

Henze was with Citibank before joining Pacific Holding’s investment department eight years ago. Murdock made him president of Flexi-Van in 1983 after the financier obtained control of the publicly traded firm, which last year merged with Castle & Cooke. Henze most recently was Pacific Holdings’ executive vice president. Henley, 42, joined Pacific Holding last August from Saga Corp., where he headed its fast-foods group.