Key Developments: Xerium Technologies Inc (XRM.N)
12.48USD
1 Aug 2013
$0.10 (+0.81%)
$12.38
$12.40
$12.53
$12.02
26,178
41,854
$14.00
$2.95
Latest Key Developments (Source: Significant Developments)
Xerium Technologies Inc Announces Appointment Of New Chairman And New Chief Executive Officer
Xerium Technologies Inc announced the appointment of Mr. Harold C. Bevis, as the Company`s new Chief Executive Officer, President and Director. Mr. Bevis has been CEO, President and Director of Pliant Corporation and Jordan Telecommunication Products, and has held executive positions with Emerson Electric and General Cable Corporation. He is a 1983 graduate of Iowa State University receiving an Industrial Engineering degree and earned his MBA from Columbia University in 1988. Coincident with the appointment of Mr. Bevis, Mr. James F. Wilson, currently Xerium`s Lead Director, has been appointed the Company`s Chairman of the Board. As previously announced in December 2011, Stephen R. Light Xerium`s Chairman, Chief Executive Officer and President resigned from his executive and board positions coincident with the appointment of Mr. Bevis and Mr. Wilson. Mr. Light will remain a non-executive employee of the company to facilitate the executive transition until his retirement in February 2013. Full Article

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