Home / Knowledge / News / Textiles / Xerium Technologies appoints Chief Financial Officer

Xerium Technologies appoints Chief Financial Officer

29
May '09
Xerium Technologies Inc, a leading global manufacturer of industrial textiles and rolls used primarily in the paper production process, announced the appointment of David G. Maffucci as Executive Vice President and Chief Financial Officer, effective June 8, 2009. Since December 1, 2008, Mr. Maffucci has served on Xerium's Board of Directors and as Chairman of the Company's Audit Committee.

Mr. Maffucci will remain a member of Xerium's Board of Directors, but will step down from his positions on the Company's Audit and Nominating and Governance Committees. Edward Paquette, who has been a director since July 2004 and is a current member of the Company's Audit Committee, will serve as Chairman of the Audit Committee.

From 2005 to 2006, Mr. Maffucci served as Executive Vice President of Bowater Incorporated, a manufacturer of newsprint and other specialty paper, pulp, and solid wood products, and President of Bowater's Newsprint Division. Previously, from 2002 to 2005, he was Executive Vice President and Chief Financial Officer, and from 1995 to 2002, he was Senior Vice President and Chief Financial Officer of Bowater Incorporated. Mr. Maffucci is a certified public accountant and also serves as a director of Martin Marietta Materials, Inc., a producer of construction aggregates.

“I am delighted that Dave has decided to join the management team at Xerium after having spent almost six months getting to know us through his service on our Board of Directors. We have already benefitted from Dave's extensive financial strength at the Board level, and we in management welcome his deep understanding of our business and Company,” said Stephen R. Light, Xerium's President, Chief Executive Officer and Chairman.

“We also plan to take advantage of Dave's proven strategic skills as we continue to position our Company for economic recovery and a return to growth. I am particularly excited about attracting a person with Dave's experience and stature within the industry to assist in implementing Xerium's turnaround strategy and I look forward to Dave's engagement in our continuing improvement process, launched in early 2008, that has yielded positive results to date.”

Xerium Technologies Inc


Must ReadView All

Rajive Ranjan (left), Managing Director, Techno Design GmbH and Technocian Fashions, with Oliver Hein, COO, s.Oliver Group. Pic: PDS Multinational Fashions Limited

Apparel/Garments | On 2nd Dec 2021

PDSMFL (BSE:538730) to source for s.Oliver from India, Sri Lanka

India-based PDS Multinational Fashions Limited (listed on Bombay...

Pic: Sergejsbelovs | Dreamstime.com

Apparel/Garments | On 4th Dec 2021

USTR, AAFA to promote greater near-shoring of apparel production

The office of the United States Trade Representative (USTR) has...

Pic: Yilmaz Savas Kandag | Dreamstime.com

Textiles | On 4th Dec 2021

Top priority is to eliminate CAD & foreign debt: Turkey’s new FM

Turkey wants to boost investments, production and exports, and its...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Extension of RoSCTL to boost textile exports

Textile Industry, Head honchos

Textile Industry
Head honchos

Marry with brand ethos

Textile Industry, Head honchos

Textile Industry
Head honchos

Next level is to inject new features:

Ahmet Gecikli,

Ahmet Gecikli

Ser Mekatronik, founded in 2008, is specialised for providing mechanical...

Shivendra Nigam,

Shivendra Nigam

Delhi-headquartered Cantabil Retail India Ltd was founded by Vijay Bansal...

Gus Bartholomew,

Gus Bartholomew

<b>Gus Bartholomew</b>, co-founder of SupplyCompass, explains to <b>Subir...

Michael Jaenecke, Messe Frankfurt

Michael Jaenecke
Messe Frankfurt

From May 14 to 17, international exhibitors will present the entire...

Michaela Griggs & Peggy Schulz, Barco Uniforms

Michaela Griggs & Peggy Schulz
Barco Uniforms

Founded in 1929, Barco Uniforms started as an apparel company for beauty...

Daniel Kaye, RocketLife

Daniel Kaye
RocketLife

<div>RocketLife, an award-winning developer of breakthrough visual...

Abhishek Agarwal, Purple Style Labs

Abhishek Agarwal
Purple Style Labs

Late Indian fashion designer Wendell Rodricks, is known for his...

Archana Jaju, Label Archana Jaju

Archana Jaju
Label Archana Jaju

<b>Archana Jaju</b>’s Hyderabad-based eponymous label works with artisans...

Raghavendra Rathore, Label Raghavendra Rathore Jodhpur

Raghavendra Rathore
Label Raghavendra Rathore Jodhpur

Being one of the first designers to use the "Brand India" positioning for...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


December 2021

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search