Virco Announces New Board Member
February 18 2011 - 4:00PM
Virco Mfg. Corporation (Nasdaq:VIRC) announced the appointment of a
new member of the Board of Directors in the following statement
from Robert A. Virtue, President and CEO:
"I am pleased to announce that William (Bill) Beer, President
and CEO of Wenger Corporation, has accepted our invitation to join
Virco's Board of Directors. Bill's appointment is effective
immediately, but as stockholders you'll have the opportunity to
vote on his directorship as part of this year's proxy.
"Our Company bylaws are specifically structured to allow for
expansion of the Board from time to time as exceptional candidates
become available to us. Bill Beer is one of those exceptional
candidates."
As President and CEO of Wenger Corporation, the most highly
regarded supplier of furniture, fixtures and equipment (FF&E)
for the performing arts, Bill is a recognized leader in our
industry. Before joining Wenger, Bill had a long and
successful career in the home appliance industry, serving 31 years
with Maytag Corporation in various executive positions in sales,
marketing, manufacturing, engineering, and finally as President of
Maytag Appliances, which he guided to over $4.8 billion in
sales. His proven expertise in manufacturing as well as the
development of successful business models for vertical markets will
be invaluable to us as we continue to invest in our own U.S.
factories to support new FF&E products and services for
educational markets in America and around the world.
The Virco Mfg. Corporation Logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=521
CONTACT: Robert A. Virtue, President
Douglas A. Virtue, Executive Vice President
Robert E. Dose, Chief Financial Officer
Virco Mfg. Corporation
(310) 533-0474
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