ROONEY QUITS AS SERVICE RESOURCES <SRC>UNIT HEAD
Service Resources Corp said Patrick J.
Rooney has resigned as chairman and chief executive officer of
its Chas. P. Young subsidiary to devote more time to his posts
as chairman and chief executive of the parent company.
    Young has recently offered to acquire Sorg Inc <SRG> for 23
dlrs a share and take the combined company public.
    The company said James P. Alexis, president of Young's
Chicago operation, will succeed Rooney as chairman and chief
executive of Young, with Jack R. Hubbs remaining president and
chief operating officer.
 Reuter
