AMTROL Inc. Appoints New CEO and CFO.WEST WARWICK West Warwick (wôr`wĭk, –`ĭk), town (1990 pop. 29,268), Kent co., central R.I., on the Pawtuxet River; set off from Warwick and inc. 1913. Textile manufacturing remains a leading industry. West Warwick includes the village of River Point. , R.I. -- AMTROL Inc. (the "Company") today announced that its Board of Directors has named Larry T. Guillemette as Chairman of the Board, President and Chief Executive Officer. In addition, the Board of Directors also named Joseph L. DePaula as Executive Vice President, Chief Financial Officer, Treasurer and Secretary. The above appointments were made after the resignation of Albert D. Indelicato, who cited personal reasons, as Chairman of the Board, Chief Executive Officer and President of the Company effective January 18, 2006. Mr. Guillemette was Executive Vice President, Chief Financial Officer and Treasurer of the Company from August 2000 through January 2006. Mr. Guillemette joined the Company in 1998 as Executive Vice President-Marketing and Business Development. Prior to joining the Company, Mr. Guillemette was President and Chief Executive Officer of Balcrank Products, Inc. Joseph L. DePaula was Vice President-Finance and Corporate Controller of the Company since April 2001 and became Secretary of the Company in 2005. Prior to joining the Company, Mr. DePaula served as Chief Financial Officer of Semi-Alloys Co. AMTROL is a leading international producer and marketer of flow and expansion control products, water heaters and cylinders for a variety of gases. The Company's major products include pressure tanks used in water well, hydronic hy·dron·ic adj. Of or relating to a heating or cooling system that transfers heat by circulating a fluid through a closed system of pipes. [hydr(o)- + -onic (as in electronic).] heating and potable potable /pot·a·ble/ (po´tah-b'l) fit to drink. po·ta·ble adj. Fit to drink; drinkable. potable fit to drink. hot water applications, indirect-fired water heaters, and both LPG LPG: see liquefied petroleum gas. 1. LPG - Linguaggio Procedure Grafiche (Italian for "Graphical Procedures Language"). dott. Gabriele Selmi. Roughly a cross between Fortran and APL, with graphical-oriented extensions and several peculiarities. and disposable refrigerant re·frig·er·ant adj. 1. Cooling or freezing; refrigerating. 2. Reducing fever. n. 1. A substance, such as air, ammonia, water, or carbon dioxide, used to provide cooling either as the working substance of gas cylinders. Products are marketed under the Well-X-Trol, Extrol, Therm-X-Trol and BoilerMate brand names. AMTROL is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of AMTROL Holdings, Inc., which is controlled by Cypress Merchant Banking Partners, L.P. and Cypress Offshore Partners. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion