Fedders Board Elects Warren Emley, President, Fedders China
29 Giugno 2005 - 10:39PM
PR Newswire (US)
Fedders Board Elects Warren Emley, President, Fedders China LIBERTY
CORNER, N.J., June 29 /PRNewswire-FirstCall/ -- Fedders Corporation
(NYSE:FJC), a leading global manufacturer of air treatment
products, including air conditioners, air cleaners, dehumidifiers
and humidifiers and thermal technology products, today announced
that its Board of Directors has named Warren Emley to the newly
created position of President, Fedders China and has elected him a
Vice President of Fedders Corporation. Reporting directly to
Fedders' President, Michael Giordano, Mr. Emley has overall
responsibility for the company's eight manufacturing operations in
China. The sales and marketing of all the company's air treatment
products in China, led by Walter Hawes, Vice President and General
Manager, Sales and Marketing - Fedders China, will now report to
Mr. Emley. In addition, Mr. Emley will continue to have
responsibility for the company's manufacturing operations in India
and the Philippines. This new organizational structure will also
allow Fedders International, led by Rick Essex, to focus on growth
in sales and profitability in key international markets outside of
China, including India, the Philippines, other Asian markets, the
Middle East, Europe and Latin America. Commenting on the election
of Mr. Emley, Michael Giordano said, "This is a strategically
important position that Mr. Emley is uniquely qualified to fill.
Being located in China for the past five years as Vice President,
Manufacturing - HVACR China and most recently as Senior Vice
President, Operations - Fedders International, Mr. Emley has
first-hand experience in and knowledge of the China market and the
requirements to be successful there. This newly created position
will more closely align Fedders' manufacturing, engineering and
sales organizations in China and enable Fedders to further expand
in this rapidly growing market." Mr. Emley has been with Fedders
Corporation for more than thirteen years and has held positions of
increasing responsibility in the areas of quality and service, in
addition to manufacturing operations. This news release includes
forward-looking statements that are covered under the "Safe-Harbor"
clause of the Private Securities Litigation Reform Act of 1995.
Such statements are based upon current expectations and
assumptions. Actual results could differ materially from those
currently anticipated as a result of known and unknown risks and
uncertainties including, but not limited to, weather and economic,
political, market and industry conditions and reliance on key
customers. Such factors are described in Fedders' SEC filings,
including its most recently filed annual report on Form 10-K. The
company disclaims any obligation to update any forward-looking
statements to incorporate developments occurring after release of
announcement. Visit the Fedders investor information website at
http://www.fedders.com/ to access additional information on
Fedders. DATASOURCE: Fedders Corporation CONTACT: Robert Laurent,
Jr., Fedders Corporation, +1-908-604-8686, Web site:
http://www.fedders.com/
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