AMTROL Organizational Announcements.Business Editors WEST WARWICK, Rhode Island--(BUSINESS WIRE)--July 31, 2000 AMTROL Inc. announces a series of promotions and structural changes to its financial organization. Larry T. Guillemette has been appointed Executive Vice President & Chief Financial Officer. Mr. Guillemette joined AMTROL in September 1998 as Executive Vice President-Marketing & Business Development. Prior to joining AMTROL, Mr. Guillemette was President & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Balcrank Products Inc. and previously held senior financial management positions with two New York based investment firms. Mr. Guillemette holds an MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration from the Amos Tuck School of Business Management at Dartmouth where he also earned his bachelor's degree in Mathematics and Economics. Mr. Guillemette replaces Mr. Donald W. Reilly who has resigned his position at AMTROL to pursue other career interests. William C. Dailey has been appointed Vice President-Finance & Corporate Controller. Mr. Dailey joined AMTROL in April 1999 as Vice President International. Prior to joining AMTROL, Mr. Dailey was Executive Vice President & CFO See Chief Financial Officer. of Automotive Systems International. He previously held senior management positions in Trailmobile Inc. Mr. Dailey holds an MBA in Finance from the University of Chicago and a BS in Industrial Management from the University of Cincinnati The University of Cincinnati is a coeducational public research university in Cincinnati, Ohio. Ranked as one of America’s top 25 public research universities and in the top 50 of all American research universities,[2] . Paul Kawa has been promoted to the position of Vice President-Finance & Controller for AMTROL Inc.'s North American business unit. Mr. Kawa joined AMTROL in 1998 as Director, Financial Planning and Reporting, then was promoted to Director of Finance & Controller in 1999. Prior to joining AMTROL, Mr. Kawa was Manager, Internal Audit for A.T. Cross Co., and previously held senior financial positions with Rhode Island Hospital Rhode Island Hospital is a private, not-for-profit hospital located in Providence, Rhode Island. The hospital has 719 beds, and an acute care hospital and an academic medical center. Rhode Island Hospital was founded during the American Civil War in 1863. and Ernst & Young. Mr. Kawa holds a BS in Accounting from Bryant College, and is a Certified Public Accountant Certified Public Accountant (CPA) An accountant who has met certain standards, including experience, age, and licensing, and passed exams in a particular state. . AMTROL is a leading international producer and marketer of flow and expansion control technology used in water systems and heating, ventilating and air conditioning products. 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, L.P., private equity funds managed by the Cypress Group L.L.C. |
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