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Applied Power Announces Corporate Finance Appointments.


MILWAUKEE--(BUSINESS WIRE)--Feb. 15, 1999--Applied Power Inc. (APW APW All Pro Wrestling
APW Altmar Parish Williamstown (School District; Parish, New York)
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) announced today that it has appointed Rondi Rohr-Dralle to the position of Treasurer and Investment Controller. Ms. Rohr-Dralle, a 17-year employee of APW, has accumulated a broad range of financial and operations leadership experience since her last corporate finance role as Assistant Treasurer in 1988. In her new position, she will be responsible for global capital and liquidity management, acquisition and major project financing Project financing

A form of asset-based financing in which a firm finances a discrete set of assets on a stand-alone basis.
 as well as leasing and real estate transactions. She succeeds Rick Carroll who has accepted a financial leadership position within the Enclosure Products and Systems business segment of APW.

Applied Power also announced the appointment of Ronald E. Pauli to the position of Corporate Controller. Mr. Pauli is responsible for Applied Power's financial reporting and planning with involvement expanding into M&A and Investor Relations activities. Previously, Mr. Pauli was Corporate Controller for the R.P. Scherer Corporation, served in various financial positions with Kmart Corporation, and has experience with the public accounting firm of Ernst & Young. Mr. Pauli 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.
 and has a Master of Science in Finance Master of Science in Finance (MSF) is a Master's degree designed to prepare graduates for careers in financial analysis, investment management and corporate finance. The MSF is generally a one-year, non-thesis degree, and is often positioned as a professional degree.  from Walsh College and a Bachelors degree in accounting from Michigan State University Michigan State University, at East Lansing; land-grant and state supported; coeducational; chartered 1855. It opened in 1857 as Michigan Agricultural College, the first state agricultural college. .

Applied Power Inc., headquartered in Butler, Wisconsin, is a global company comprised of three business segments. Enclosure Products and Systems provides electrical and electronic enclosure systems and technical furnishings to a broad array of end user industries. Engineered Solutions supplies components and systems using thermal management, actuation and vibration control technologies to a diverse group of OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and  customers. Tools and Supplies provides industrial and electrical tools and accessories through various distributor, retail and direct channels worldwide.

To receive a faxed copy of this or other recent Applied Power communications, please call the Company's "News on Demand" service at 1-800-549-0679.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Feb 15, 1999
Words:298
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