Xerium Technologies Inc announced that Eduardo Fracasso has been promoted to the position of President - Xerium Brazil, reporting directly to Thomas Gutierrez, Chief Executive Officer of Xerium Technologies. Mr. Fracasso has been with the Company in Brazil for nearly 18 years, most recently as Operational Director.
Miguel Quinonez, the Company's President - Xerium South America, who notified the Company of his plans to retire effective December 31, 2007, will retain direct responsibility for the Company's operations in Argentina and continue to mentor Mr. Fracasso.
"I am pleased to welcome Eduardo to the executive team," said Thomas Gutierrez, Chief Executive Officer of Xerium Technologies. "I believe that his many years of operational experience with the Company in Brazil will serve him and the Company well as he takes on the responsibilities of his new position."
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