Mr. Light as Xerium President & CEO, effective Feb 11
09 Feb '08
1 min read
Xerium Technologies Inc, a leading global manufacturer of clothing and roll covers used primarily in the paper production process, announced that it has appointed Stephen R. Light as its new President and Chief Executive Officer, effective February 11, 2008.
Mr. Light will also become a member of the company's board of directors concurrently with the effectiveness of his appointment as President and Chief Executive Officer.
Mr. Light comes to Xerium Technologies having recently completed the highly successful turnaround of Flow International Corp. (NASDAQ: FLOW), the world's largest producer of industrial waterjet cutting and cleaning equipment.
Prior to Flow, Mr. Light was President and CEO of OmniQuip Textron and held senior level management positions at General Electric, Emerson Electric and N.V. Phillips.
Mr. Light replaces Thomas Gutierrez, who has resigned as an officer and director of the company. The board of directors expresses its thanks to Mr. Gutierrez for his contributions to the company during his six-year tenure as CEO, including the successful completion of the company's initial public offering in 2005.