Global leader in providing innovative merchandising systems to retailers and apparel customers, Paxar Corporation announced that Robert M. Powers, Vice President, Investor Relations, has accepted a position with another company and will be leaving Paxar on March 14, 2006.
Tony Colatrella, Vice President and Chief Financial Officer, said, "We thank Bob for his contributions to Paxar, in particular his role in expanding Paxar's institutional shareholder base and commitment to serving the Company's shareholders during the past six years. We wish him the best of luck in his new job responsibilities."
The Company will begin a search to replace Mr. Powers. In the interim, Mr. Colatrella will serve as Paxar's investor contact.
Paxar Corporation is a global leader in providing identification solutions to the retail and apparel industry, worldwide. Paxar's leadership in brand development, information services and supply chain solutions enables the Company to meet and satisfy customer needs around the world with quality, innovation and competitive products and services.
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