Published: June 09, 2010
General Cable Announces Management Change
HIGHLAND HEIGHTS, Ky. - (BUSINESS WIRE) - General Cable Corporation (NYSE: BGC) is pleased to announce the
appointment of Emmanuel Sabonnadiere as Chief Executive Officer and
President of the Europe and Mediterranean region and Executive Vice
President of General Cable Corporation effective July 1, 2010. Emmanuel
will succeed Domingo Goenaga, who will remain with the company as an
Executive Vice President and Vice Chairman of our European holding
company. He will assist Emmanuel in the transition and will join the
boards of a number of other General Cable investments and operating
companies around the world, building on Domingo's more than 45 years of
leadership and demonstrated results in the wire and cable industry.
Emmanuel has a MBA, as well as a PhD in physics and nearly 20 years of
senior management experience in energy transmission and distribution
with Schneider Electric and Alstom. Emmanuel joined General Cable two
years ago as Managing Director of our Silec operations in France and
recently became Chairman of the Board of our Algerian business.
According to Chief Executive Officer Gregory B. Kenny, "The company
continues to leverage European skills in high voltage and undersea
cables as well as process and material science know-how across the
globe. At the same time, General Cable will continue to look for ways to
expand its presence in the Europe and Mediterranean region including
Eastern Europe, the Middle East, and North Africa. Emmanuel is the right
person for this job with his strong academic and professional
background. We welcome him to the global Operating Committee of General
Cable."
General Cable (NYSE:BGC), a Fortune 500 Company, is a global leader in
the development, design, manufacture, marketing and distribution of
copper, aluminum and fiber optic wire and cable products for the energy,
industrial, and communications markets. For more information about
General Cable visit our website at www.generalcable.com.
Certain statements in this press release, including without
limitation, statements regarding future financial results and
performance, plans and objectives, capital expenditures and the
Company's or management's beliefs, expectations or opinions, are
forward-looking statements. Actual results may differ materially from
those statements as a result of factors, risks and uncertainties over
which the Company has no control. Such factors, risks, and uncertainties
are more fully discussed in the Company's Report on Form 10-K filed with
the Securities and Exchange Commission on March 1, 2010, as well as
periodic reports filed with the Commission.
General Cable Corporation
Brian J. Robinson, 859-572-8684
Executive
Vice President, Chief Financial Officer and Treasurer
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