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Exide Technologies Announces Executive Management Change

Friday, 26 Jul 2013 07:00am EDT 

Exide Technologies announced that effective July 31, 2013, James R. Bolch has voluntarily stepped down from his positions as President, Chief Executive Officer and a member of the Board of Directors of Exide in order to pursue other opportunities. In connection with his resignation, Mr. Bolch has agreed to provide transition services through November 29, 2013. The Company also announced that Robert M. Caruso, of Alvarez & Marsal, who has acted as Exide's Chief Restructuring Officer since June 2013, will cease serving as Chief Restructuring Officer and be appointed President and Chief Executive Officer, and Ed Mosley, also of Alvarez & Marsal, will be appointed Chief Restructuring Officer, each effective as of August 1, 2013. 

Company Quote

-7.0E-4 -1.22%
2:50pm EST