CORRECTING and REPLACING Cherokee International Announces Appointment of J. Michal Conaway to Its Board of Directors
11 Aprile 2008 - 1:10AM
Business Wire
The fourth paragraph, last sentence should read: Mr. Conaway has an
MBA from Pepperdine University, Graduate School of Business &
Management, and a BBA/BS in Accounting from Abilene Christian
University (sted ...an a BBA/BS in Accounting...). The corrected
release reads: CHEROKEE INTERNATIONAL ANNOUNCES APPOINTMENT OF J.
MICHAL CONAWAY TO ITS BOARD OF DIRECTORS 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, and 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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