Xerium Technologies Appoints Chief Financial Officer
March 15 2011 - 5:48PM
Business Wire
Xerium Technologies, Inc. (NYSE:XRM), a leading global
manufacturer of industrial textiles and rolls used primarily in the
paper production process, today announced the appointment of
Clifford E. Pietrafitta to the position of Chief Financial Officer,
effective immediately. Brian Fox, who has served as the Company’s
Chief Financial Officer and Chief Accounting Officer on an interim
basis since August 13, 2010, has stepped down from those
positions.
“We recruited Cliff for his extensive financial, operational,
and strategic skills as we continue to drive innovation and
position ourselves for the next stage of the company’s growth,”
said Stephen R. Light, President, Chief Executive Officer and
Chairman. “I also offer my sincere gratitude to Brian for his hard
work and dedication during such a critical time. He served our
company very well and we owe him our thanks.”
From 1999 to 2010, Mr. Pietrafitta, 49, served as Chief
Financial Officer of CSS Industries, Inc., a consumer products
company that designs, markets, and manufactures boxed Christmas
cards, gift wrap and other seasonal products for customers ranging
from mass merchandisers and chain drug stores to supermarket chains
and party stores. Previously, Mr. Pietrafitta served CSS Industries
as Vice President – Finance from 1995 to 1999, and as Treasurer
from 1991 to 1995.
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, 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. With 31 manufacturing
facilities in 14 countries around the world, Xerium has
approximately 3,400 employees.
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