Xerium Technologies, Inc. (NYSE: XRM), a leading global manufacturer of clothing and roll covers used primarily in the paper production process, today announced changes to Xerium's Asian Division management structure aimed at accelerating customer engagement and revenue growth, capitalising on the significant capital investment the company has made in Asia with its new Vietnamese forming fabric plant, and acquisition of two roll cover businesses in December 2007.
Commenting on the appointment, Stephen Light, President, Chief Executive Officer and Chair, said, "I am pleased to announce the appointment of Thomas 'Tom' Johnson as President Xerium Asia, effective today. Tom brings proven executive leadership experience in developing and nurturing Asian business to business relationships and revenue growth to his new assignment, as well as a solid background in operational management developed in businesses serving both OEM and consumables markets worldwide. The customer base he served included major manufacturers in China and Japan in the aerospace, electronics, and commercial manufacturing markets. Tom also led successful alliance projects between his former employer, Flow International Corporation, and Chinese manufacturing companies leading to the development of jointly marketed products worldwide.
"Prior to joining Xerium in April 2008, Tom was Executive vice President-Asia at Flow International, Senior vice President-Operations at Flow International, and a Plant manager for Paccar, the world's largest class 8 over the road truck tractor manufacturer where he was responsible for the Greenfield construction and start up of a major truck plant."
Direct reports to Tom Include: Bill Roth responsible for Asia Clothing Sales, William Leishman recently appointed and responsible for China Roll sales, Geoff Charnley, responsible for all Asian Operations, Graeme Noble responsible for the Vietnam facility construction project, and Chang Liu, Asia's financial controller.
Cheryl Diuguid, formerly Division President-Asia, has left the Co to pursue other interests.
ABOUT XERIUM TECHNOLOGIES
Xerium Technologies, Inc. (NYSE: XRM) is a leading global manufacturer and supplier of two types of consumable products used primarily in the production of paper: clothing and roll covers. The Company, which operates around the world under a variety of brand names, utilises a broad portfolio of patented and proprietary technologies to provide customers with tailored solutions and products integral to production, all designed to optimise performance and reduce operational costs. With 35 manufacturing facilities in 15 countries around the world, Xerium has approximately 3,700 employees.
SBG Investor Relations Geoffrey Buscher, 508-532-1790 IR@xerium.com
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