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AVX Corporation Declares Dividend and Announces Officer Appointments.


Business Editors

MYRTLE BEACH, S.C.--(BUSINESS WIRE)

July 27, 2001 - AVX Corporation's (NYSE NYSE

See: New York Stock Exchange
: AVX) Board of Directors, at a meeting held on July 25, 2001, declared a dividend of $0.0375 per common share for the quarter ended June 30, 2001.

This dividend will be paid to shareholders of record on August 7, 2001 and will be disbursed on August 14, 2001.

In addition, the Board appointed John Gilbertson, formerly President and Chief Operating Officer Chief Operating Officer (COO)

The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president.
, as Chief Executive Officer of the company. Two new officers were also named by the Board. Don Byers was appointed Vice President of Specialty Division and Keith Thomas was appointed Vice President of Kyocera Developed Products. Mr. Dick Rosen, former 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. , will remain on the AVX Board.

AVX, headquartered in Myrtle Beach, South Carolina Myrtle Beach is a city and in Horry County, South Carolina, United States. It is part of the Grand Strand, a stretch of beaches along the South Carolina coastline, and the combined Myrtle Beach-Conway-North Myrtle Beach MSA. , is a leading worldwide manufacturer and supplier of a broad line of passive electronic components and related products.
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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:Jul 27, 2001
Words:148
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