B/E Aerospace Announces the Appointment of Charles L. Chadwell and Arthur E. Wegner to the Board of Directors
January 30 2007 - 5:08PM
Business Wire
B/E Aerospace, Inc. (Nasdaq:BEAV), the world�s leading manufacturer
of aircraft cabin interior products and a leading aftermarket
distributor of aerospace fasteners, today announced the appointment
of Charles L. Chadwell and Arthur E. Wegner to its Board of
Directors, effective January 29, 2007. The appointments of Mr.
Chadwell and Mr. Wegner will increase the size of B/E�s board to
nine members. Mr. Chadwell has also been appointed to serve as a
member of the Compensation Committee and Mr. Wegner has been
appointed to serve as a member of the Audit Committee. Prior to
joining B/E�s board, Mr. Chadwell served as Vice President and
General Manager, Commercial Engine Operations for GE Aircraft
Engines until his retirement in 2002. Mr. Chadwell joined General
Electric in 1965 and has held a variety of senior management
positions with GE Aircraft Engines, including Vice President �
Human Resources, Vice President and General Manager � Product and
Procurement, General Manager � Sourcing Operations, among others,
during his distinguished career. Prior to joining B/E�s board, Mr.
Wegner served as Executive Vice President of Raytheon Company and
Chairman of Raytheon Aircraft, until his retirement from both
positions in 2000. Mr. Wegner joined Raytheon Company in July 1993
and served in a variety of senior management positions. Prior to
joining Raytheon Company, Mr. Wegner spent 20 years with United
Technologies Corporation, where he served in various senior
management positions, including Executive Vice President and
President of United Technologies Corporation�s Aerospace and
Defense Sector. Amin J. Khoury, Chairman of B/E�s Board of
Directors and B/E's Chief Executive Officer, said: �I am very
pleased to welcome Mr. Chadwell and Mr. Wegner to our Board of
Directors. Mr. Chadwell�s and Mr. Wegner�s depth of experience in
our industry will further strengthen our board and provide a
valuable contribution to B/E. They both share our commitment to
quality and continuous improvement in all facets of our business,
and will bring to the board valuable perspective in many important
areas.� About B/E Aerospace, Inc. B/E Aerospace, Inc. is the
world�s leading manufacturer of aircraft cabin interior products,
and a leading aftermarket distributor of aerospace fasteners. B/E
designs, develops and manufactures a broad range of products for
both commercial aircraft and business jets. B/E manufactured
products include aircraft cabin seating, lighting, oxygen, and food
and beverage preparation and storage equipment. The company also
provides cabin interior design, reconfiguration and
passenger-to-freighter conversion services. Products for the
existing aircraft fleet - the aftermarket - generate about 60
percent of sales. B/E sells and supports its products through its
own global direct sales and product support organization. For more
information, visit B/E�s website at www.beaerospace.com.
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