AVX Corporation : AVX Corporation Announces Leadership Changes
March 20 2015 - 4:32PM
AVX Corporation
Announces Leadership Changes
John S. Gilbertson
retires as CEO and Board Chairman
John Sarvis
promoted to CEO and President
GREENVILLE, S.C. - March 20, 2015 - AVX
Corporation (NYSE: AVX) today announced the retirement of
John S. Gilbertson as Chief Executive Officer, Board Chairman and a
Director of the Company effective March 31, 2015. John Sarvis,
currently Vice President of Ceramic Products, will become Chief
Executive Officer and President and has been appointed as a
Director to fill the vacancy created by Mr. Gilbertson's
retirement, effective as of April 1, 2015. Tetsuo Kuba,
currently a member of the Board of Directors, will become Chairman
of the Board replacing Mr. Gilbertson in that capacity.
John Gilbertson stated, "Mr. Sarvis has extensive
experience in the Company in many disciplines and management
positions and will be an effective leader of the Company. I am sure
the many stakeholders of AVX around the world will support his
promotion and help Mr. Sarvis guide the Company to continued
success. I would like to thank all those who have supported
me over the years and made AVX the great company it is."
AVX, headquarter in Greenville, South Carolina, is
a leading manufacturer and supplier of a broad line of passive
electronic components and related products.
Please visit our website at www.avx.com.
Contact:
AVX Corporation, Greenville
Kurt Cummings
864-967-9303
finance@avx.com
This
announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: AVX Corporation via Globenewswire
HUG#1905261
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