Harold Bevis Joins the Board of Directors of Commercial Vehicle Group
June 06 2014 - 4:58PM
Xerium Technologies, Inc. (NYSE:XRM), a leading global provider of
industrial consumable products and services, today announced that
Harold Bevis, Xerium's President and CEO, has joined the Board of
Directors of Commercial Vehicle Group (Nasdaq:CVGI), a leading
global provider of a full range of cab related products and systems
for the global commercial vehicle market. He will serve on
Commercial Vehicle Group's Audit and Compensation Committees.
Mr. Bevis said, "Commercial Vehicle Group has many similarities
to Xerium. They have a new CEO with a strong improvement agenda.
They are a leader at what they do. The Asian region is an important
growth market of the future for them as it is for us. They are a
similarly sized company to Xerium and are also a small cap stock.
The fit is very good. The Board of Directors of Commercial Vehicle
Group is very impressive and this will be a great opportunity to
share ideas with industry leaders. I am honored to join them."
ABOUT XERIUM
Xerium Technologies, Inc. (NYSE:XRM) is a leading global
provider of industrial consumable products and services. Xerium
utilizes a broad portfolio of patented and proprietary technologies
to provide customers with tailored solutions and products integral
to production, all designed to optimize performance and reduce
operational costs. Xerium has 28 manufacturing facilities in 12
countries around the world and employs approximately 3,200
employees.
FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements. The
words "believe," "estimate," "expect," "intend," "anticipate,"
"goals," variations of such words, and similar expressions identify
forward-looking statements, but their absence does not mean that
the statement is not forward-looking. Actual results may differ
materially from these forward-looking statements and estimates as a
result of various important factors, including, without limitation,
the factors discussed in our annual report on Form 10-K for the
fiscal year ended December 31, 2013, and subsequent filings,
all of which are on file with the SEC and are available in the
investor relations section of our website at www.xerium.com. Any
forward-looking statements are as of the date hereof, and we assume
no obligation to publicly update or revise these forward-looking
statements for any reason, whether as a result of new information,
future events, or otherwise, except as may be required by law.
CONTACT: Xerium Technologies, Inc.
Phillip Kennedy
Investor Relations
919-526-1444
IR@xerium.com
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