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AVX Corporation Announces Promotion.


Business Editors, High Tech Writers

MYRTLE BEACH, S.C.--(BUSINESS WIRE)--Jan. 4, 2001

AVX's Board of Directors is pleased to announce that it plans to elect John S. Gilbertson, President and COO (Cell Of Origin) See mobile positioning. , as Chief Executive Officer and President - effective at the July 25, 2001 board meeting. This is concurrent with the annual shareholders meeting.

Mr. Gilbertson will succeed Benedict P. Rosen in the position of 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. . Mr. Rosen will continue to serve as Chairman.

Mr. Gilbertson joined the company in January 1981 and has served in various management assignments since then. He was elected COO in 1994 and President in 1997 and has been the operational head of the company since 1994, instrumental in the strategic planning Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people.  and global growth of the company since the late 1980's.

Mr. Gilbertson has been an AVX AVX Adult Video XXX
AVX Avid Visual Extensions
AVX anti Virus Expert
 board member since AVX becoming a public company in 1995 and is a Managing Director of Kyocera Corporation, AVX's major shareholder.

Mr. Rosen and the entire board believe this transition will be a positive one and insure Insure can mean:
  • To provide for financial or other mitigation if something goes wrong: see insurance or .
  • Or you may be looking for ensure or inshore.
 the continued growth and success of AVX.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 4, 2001
Words:178
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