Aerovox Hires Martin A. Zelbow as Interim CFO.NEW BEDFORD, Mass.--(BUSINESS WIRE)--Sept. 2, 1999-- Aerovox Incorporated (Nasdaq/NM:ARVX) announced today it has named independent management consultant, Martin A. Zelbow, as interim Chief Financial Officer. Mr. Zelbow, who specializes in contract CFO See Chief Financial Officer. assignments for technology-driven companies, will temporarily fill the position vacated by Jeffrey A. Templer until a permanent replacement is hired. Mr. Zelbow comes to Aerovox after serving as interim CFO at 17 private and publicly traded companies publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. . He earned his 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 Tuck School at Dartmouth 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. . "With his extensive experience in interim CFO positions, Martin will be an asset to our company during this period of transition. I am confident that his knowledge and professionalism will provide for a smooth changeover as we search for a new CFO," said President and Chief Executive Officer, Robert D. Elliott. Mr. Templer, who resigned to pursue another opportunity, will continue to serve Aerovox on a consulting basis. Aerovox Incorporated is a leading manufacturer of film, paper and aluminum electrolytic e·lec·tro·lyt·ic adj. 1. Of or relating to electrolysis. 2. Produced by electrolysis. 3. Of or relating to electrolytes. e·lec capacitors. The company sells its products worldwide principally to original equipment manufacturers of electrical and electronic equipment. Aerovox operates plants in New Bedford, MA; Huntsville, AL; Juarez and Mexico City, Mexico and Weymouth, England. |
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