Cherokee International Announces Appointment of J. Michal Conaway to Its Board of Directors
10 Aprile 2008 - 11:49PM
Business Wire
Cherokee International Corporation (NASDAQ: CHRK), a leading
designer and manufacturer of power supplies, today announced the
appointment of J. Michal Conaway to its Board of Directors
effective April 8, 2008. Mr. Conaway fills a vacancy on the Board
caused by the resignation on October 29, 2007, of Vincent Cebula of
Oaktree Capital Management. Mr. Conaway is currently founder and
CEO of Peregrine Group, LLC, of Newport Beach, California, and
provides advisory services to CEOs, corporate directors, owners and
principal shareholders. His advisory experience includes corporate
governance; mergers, acquisitions and divestitures; strategic,
tactical and financial planning; new venture analysis and start-up;
business line and market expansion; redirection; downsizing;
capital market transactions; investor relations; and organizational
and management development. Mr. Conaway�s industry experience
encompasses engineering & construction, environmental,
healthcare, insurance, manufacturing, mining, real estate
development, technology and software, telecom, venture capital and
private equity. Mr. Conaway currently serves on the board of
directors for Quanta Services, Inc.; is a member of the advisory
committee for Brinderson, L.P.; is audit committee chairman and
serves on the compensation committee for Elgin National Industries;
and serves as audit committee chairman and member of the finance
committee for Enterra Holdings Ltd. Mr. Conaway has held senior
corporate executive, senior vice president and chief financial
officer positions with NYSE and NASDAQ companies including IMS
Health, Inc., Cognizant Technology Solutions and Fluor Corporation.
Mr. Conaway has an MBA from Pepperdine University, Graduate School
of Business & Management, an a BBA/BS in Accounting from
Abilene Christian University. �We are very pleased that Michal
Conaway has accepted our invitation to serve as an independent
director on our Board of Directors,� said Jeffrey M. Frank,
Cherokee�s President and Chief Executive Officer. �With Michal�s
vast strategic, tactical and financial expertise, we look forward
to his contributions in helping direct Cherokee as we strive to
further strengthen and grow the company.� About Cherokee
International Cherokee International designs, manufactures and
markets high-reliability custom and standard switch-mode power
supplies for datacom, telecom, medical and process-control
applications. With advanced manufacturing facilities and
engineering expertise located worldwide, Cherokee applies a
customer-focused approach to provide high-reliability power
products to manufacturers, reducing time to market. As the leading
provider of custom-designed power sources, Cherokee also delivers a
complete range of standard and modified-standard AC/DC power
supplies, AC/DC rectifiers and power shelves, and DC/DC converters.
Cherokee International headquarters are at 2841 Dow Ave, Tustin,
California 92780 and can be reached at 714 544 6665. European
operations are at Boulevard de l�Europe 131, 1301 Wavre, Belgium
and can be reached at +32 10 438 510. Cherokee International
(China) Power Supply Ltd. is located at 1353 Chenqiao Road,
Shanghia Fengpu Industrial Park Shanghai, 201401 China and can be
reached at 021 6710 8910. Additional information about the Company
and its products is available at http://www.cherokeepwr.com.
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