Industry News

Ferro Corporation Names New Chief Financial Officer

Published on 2010-07-12. Author : SpecialChem

CLEVELAND -- Ferro Corporation announced the appointment of Thomas R. Miklich as Vice President and Chief Financial Officer of the Company. Mr. Miklich succeeds Sallie B. Bailey who will be leaving her position as Vice President and Chief Financial Officer of the Company.

Mr. Miklich has over 30 years of diverse financial experience and has served as chief financial officer for both public and private companies, including Titan Technology Partners, a privately held IT consulting firm; OM Group, Inc., a specialty chemicals company; Invacare Corporation, a manufacturer and distributor of medical equipment; Van Dorn Company, a manufacturer of containers for the food, chemical, paint, household, automotive products and petroleum industries; and The Sherwin Williams Company, a manufacturer and distributor of paint, coatings and related products. Mr. Miklich is currently a director of Quality Distribution, Inc. and Noranda Aluminum Holding Corporation. He formerly served as a director of Titan Technology Partners and UAP Holding Corp.

"Tom brings a strong combination of financial and capital markets expertise, merger and acquisition experience and familiarity with the specialty chemicals and technologies industries. He will play an important role in executing Ferro's business strategy going forward," said James Kirsch, President and Chief Executive Officer of Ferro.

Mr. Kirsch also recognized Ms. Bailey's service to the Company: "We are grateful for Sallie's contributions to Ferro over the past three and a half years, including her leadership of the accounting and finance team and the guidance she provided during the recent global recession. We wish her continued success in her future endeavors."

About Ferro Corporation:

Ferro Corporation is a leading global supplier of technology-based performance materials for manufacturers. Ferro materials enhance the performance of products in a variety of end markets, including electronics, solar energy, telecommunications, pharmaceuticals, building and renovation, appliances, automotive, household furnishings, and industrial products.

Headquartered in Cleveland, Ohio, the Company has approximately 5,200 employees globally and reported 2009 sales of $1.7 billion.

Source: Ferro Corporation

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