Published:
KEMET Announces Changes in its Tantalum Business Group
GREENVILLE, S.C., Jan. 6 /PRNewswire-FirstCall/ -- KEMET Corporation
(NYSE: KEM) has announced today the following organizational changes in the
Tantalum Business Group that became effective January 1, 2009, following an
orderly transition of duties.
Joe Porter, VP Sales Administration, is appointed Vice President, Tantalum
Product Marketing, reporting to Conrado Hinojosa, SVP, Tantalum Business Group.
Reporting to Porter will be the Product Management Group which is composed of
Ed Jones, Tommy Weir, Mark Whisenhunt, Sandy Campbell, Jayson Young, and Craig
Scruggs, as well as, Gabriela Gil and her Central Planning Team and the
Business Management Group which is composed of Matthias Harder, Audrey To, and
Eric Zhang.
Werner Lohwasser, VP Tantalum Product Marketing, is appointed Vice
President, Tantalum MnO2 Operations, also reporting Conrado Hinojosa.
Reporting to Lohwasser will be Roger Chen, Director of MnO2 Operations and
Rich Reifenheiser, PE Manager for Anodes. Erika Gracia, Supply Chain Manager,
and Tommy Weir, Product Line Manager for MnO2, will have a dotted line to
Lohwasser as well.
Roger Chen, Director of MnO2 Operations, will have global responsibilities
of the MnO2 Operations. Reporting to Chen will be Jorge Iniguez, Plant
Manager forVictoria; Antonio de Sousa, Plant Manager for Evora; and Jonah Ke,
Plant Manager for MnO2 Suzhou. Also reporting to Chen will be Marc Runyan,
Manufacturing Manager for Anodes; Enrique Moran, Manufacturing Manager EOL;
Hugo Zamora, PE Manager SMD MnO2; Claudia Oliva, Quality Group Leader MnO2;
and Simon Mata, Engineering Manager. Additionally, Julio Arteaga, Central
Planning MnO2, will have a dotted line to Chen.
"We are confident that these changes will increase our effectiveness in
meeting the needs of our customers," stated Conrado Hinojosa, SVP, Tantalum
Business Group. "We have a talented group of experienced professionals and
this new structure will give them the flexibility to use their talents to the
fullest."
KEMET Corporation (KEM) applies world-class service and quality to deliver
industry-leading, high-performance capacitance solutions to its customers
around the world. KEMET offers the world's most complete line of surface-mount
and through-hole capacitor technologies across tantalum, ceramic, film,
aluminum, electrolytic, and paper dielectrics. KEMET's common stock is listed
on The New York Stock Exchange under the symbol KEM. Additional information
about KEMET can be found at http://www.kemet.com .
CAUTIONARY STATEMENT ON FORWARD-LOOKING STATEMENTS
Certain statements included herein contain forward-looking statements
within the meaning of federal security laws about KEMET Corporation (the
"Company") financial condition and results of operations that are based on
management's current expectations, estimates and projections about the markets
in which the Company operates, as well as management's beliefs and assumptions.
Words such as "expects," "anticipates," "believes," "estimates," variations of
such words and other similar expressions are intended to identify such
forward-looking statements. These statements are not guarantees of future
performance and involve certain risks, uncertainties and assumptions, which
are difficult to predict. Therefore, actual outcomes and results may differ
materially from what is expressed or forecasted in, or implied by, such
forward-looking statements. Readers are cautioned not to place undue reliance
on these forward-looking statements, which reflect management's judgment only
as of the date hereof. The Company undertakes no obligation to update publicly
any of these forward-looking statements to reflect new information, future
events or otherwise.
Factors that may cause actual outcome and results to differ materially
from those expressed in, or implied by, these forward-looking statements
include, but are not necessarily limited to, availability, sourcing and
pricing of raw materials, pressures on sales prices and volumes due to
competition and economic conditions, reliance on and financial viability of
significant customers, operating performance of joint ventures, alliances and
other equity investments, technological advancements, employee relations,
changes in construction spending, capital expenditures and long-term
investments (including those related to unforeseen acquisition opportunities),
continued availability of financial resources through financing arrangements
and operations, outcomes of pending or threatened legal proceedings,
negotiation of new or modifications of existing contracts for asset management
and for property and equipment construction and acquisition, regulations
governing tax laws, other governmental and authoritative bodies' policies and
legislation, and proceeds received from the sale of assets held for disposal.
In addition to these representative factors, forward-looking statements could
be impacted by general domestic and international economic and industry
conditions in the markets where the Company competes, such as changes in
currency exchange rates, interest and inflation rates, recession and other
economic and political factors over which the Company has no control. Other
risks and uncertainties may be described from time to time in the Company's
other reports and filings with the Securities and Exchange Commission.
Contact: Dean W. Dimke
Director of Corporate and
Investor Communications
954-766-2806
deandimke@kemet.com
SOURCE KEMET Corporation
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