USG Corp. may announce Wednesday that Robert J. Day will succeed Edward W. Duffy as chairman and chief executive officer, said analyst Daniel Bayston of Duff & Phelps. Day is president and chief operating officer of the company. USG, formerly U.S. Gypsum Co., said it plans to make two announcements Wednesday, one concerning personnel and the other concerning finances but refused to give details. A spokesman said the company`s board is scheduled to meet Wednesday. He also said Duffy is scheduled to retire at the end of May. Other analysts said the financial news may be a boost in the dividend and perhaps also a stock split. USG stock has ”done all the things stocks do before managements decide to split,” said one analyst. ”It`s got to a price that`s so high ($67.50) it discourages some people from buying it. I`ve heard some investors and analysts tell management the stock should be split.”
