TB Wood's Announces the Appointment of William T. Fejes as President and Chief Executive Officer
2004年4月28日 - 6:31AM
PRニュース・ワイアー (英語)
TB Wood's Announces the Appointment of William T. Fejes as
President and Chief Executive Officer CHAMBERSBURG, Pa., April 27
/PRNewswire-FirstCall/ -- TB Wood's Corporation , a leading
designer, manufacturer and marketer of electronic and mechanical
power transmission products, announced today that effective May 3,
2004, William T. Fejes, Jr., 48, will become the company's
President and Chief Executive Officer. Mr. Fejes will be replacing
Michael L. Hurt, who retired from the company last fall. Mr. Fejes
holds BS and MS degrees in Electrical Engineering from the
Massachusetts Institute of Technology, and he has extensive senior
management experience in the industrial power transmission and
automation industries, most recently with the Danaher Corporation.
The company also announced that effective April 27 James R. Swenson
will become Chairman of the Board of the company replacing Frank D.
Osborn, who has served as Interim Chairman since Thomas C. Foley
took a leave of absence to serve as the Director of Private Sector
Development for the Coalition Provisional Authority (CPA) in Iraq.
Mr. Foley has recently completed his service in Iraq and has
resumed his role as a director of the company. TB Wood's
(http://www.tbwoods.com/) is an established designer, manufacturer
and marketer of electronic and mechanical industrial power
transmission products, which are sold to North American and
international manufacturers and users of industrial equipment.
Headquartered in Chambersburg, Pennsylvania, the Company operates
production facilities in the United States, Mexico, Germany, Italy
and India. This press release contains statements that are
forward-looking within the meaning of applicable securities laws.
These statements include or imply projections of future performance
that are based upon the Company's expectations and assumptions.
These expectations and assumptions, as well as the Company's future
performance are subject to a number of risks and uncertainties.
Factors that could cause actual results to differ from projected
results are discussed in various of the Company's documents filed
with the SEC. CONTACT: Joseph C. Horvath, Chief Financial Officer,
717-264-7161 Extension 4465. DATASOURCE: TB Wood's Corporation
CONTACT: Joseph C. Horvath, Chief Financial Officer, TB Wood's
Corporation, +1-717-264-7161 Extension 4465 Web site:
http://www.tbwoods.com/
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