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Jordi Torras new CEO of DOGI INTERNATIONAL FABRICS

11
Nov '08

The CEO of DOGI INTERNATIONAL FABRICS, Karel Schröder, has announced his resignation as chief executive of the textile multinational after completing a period of restructuring and reorganisation in the Group.

This process began in May 2007, when he accepted the position at the head of the company. Schröder, who joined Dogi from Air Products, is withdrawing from his top executive role in the company but will continue to be linked to DOGI INTERNATIONAL FABRICS as a member of the Board of Directors.

Schröder has announced his intention to devote more of his time to specific private investment projects and to his responsibilities as Director of various companies, especially those he has joined recently such as the Spanish subsidiary of the SAPA group.

Jordi Torras, who is a member of the Board of Directors of DOGI INTERNATIONAL FABRICS since 2004, will be replacing Schröder at the head of the textile multinational. Today Torras has been named CEO by the Company's Board of Directors.

Torras studied economics and business science at the University of Barcelona and management at the IESE business school. His professional career has been linked to ZANINI Auto Grup, which he joined in 1975 and where he was the General Manager from 1984 to 1999, when he set up his own manufacturing firm, Zatorcal, S.L., connected with the automotive industry.

An expert in designing corporate strategic plans and in leading manufacturing companies, Torras is currently a Director of UDIN, S.L., the leading firm in the Torras family group, as well as being the sole administrator of several
companies.

The DOGI group is a world leader in elastic fabrics, with a market share of over 25%. The Spanish-based multinational is the only supplier in the industry with a global presence. It develops, produces and markets innovative products for the underwear, swimwear, activewear and outer clothing markets.

The group has over 2,000 employees and a production capacity of 40 million metres a year, which is distributed through its three brands: DOGI (creative elastic fabrics), PENN ELASTIC (specialist elastic fabrics) and EFA (functional elastic fabrics).

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