Brush Wellman Inc. Promotes Michael D. Anderson to President, Beryllium Products.Business Editors CLEVELAND--(BUSINESS WIRE)--March 23, 2004 Brush Wellman Inc. today announced that it has promoted Michael D. Anderson to President, Beryllium beryllium (bərĭl`ēəm) [from beryl ], metallic chemical element; symbol Be; at. no. 4; at. wt. 9.01218; m.p. about 1,278°C;; b.p. 2,970°C; (estimated); sp. gr. 1.85 at 20°C;; valence +2. Products. Mr. Anderson had been Vice President, Beryllium Products since March 1996. Beryllium Products is a unit of Brush Wellman Inc., 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 Brush Engineered Materials Brush Engineered Materials Inc. is a multinational company specializing in high performance engineered materials emphasizing the qualities of strength, reliability, miniaturization and weight savings, thermal dissipation, electrical conductivity and reflectivity. Inc. As President, he has senior management responsibility for the operations and commercial activities of the Beryllium Products business. In addition, Mr. Anderson has general management responsibility for two other Brush businesses: Brush Ceramic Products Inc. and Circuits Processing Technology, Inc. Beryllium products from Brush Wellman serve the defense, automotive, electronics, medical and optical scanning markets. In 2003, revenues from the Beryllium Products business were $35 million. In September 2003, Brush Wellman announced that it had received a $17 million contract to supply the optical grade beryllium for the mirror material for NASA's James Webb Space Telescope This article or section documents a scheduled or expected spaceflight. Details may change as the launch date approaches or more information becomes available. . The Beryllium Products group is now producing materials for the planned orbiting telescope, with shipments expected to occur throughout 2004 and 2005. "This promotion is in recognition of Mike's outstanding achievements in leading the Beryllium Products group to strong sales growth and financial success," said Gordon D. Harnett, Chairman, President and 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 Brush Engineered Materials Inc. He added, "This assignment allows Mike to continue Beryllium Products' positive momentum for an even greater contribution in the future." Mr. Anderson joined Brush Wellman in July 1974. In his nearly 30 years with the company, he has held technical, sales and senior management positions within Beryllium Products, Brush Ceramic Products and Brush Wellman's Alloy Products units, as well as at Williams Advanced Materials Inc., another wholly owned subsidiary of Brush Engineered Materials. He is a graduate of Miami University of Ohio with bachelor's degree in chemistry, and later earned 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 Bowling Green State University Bowling Green State University, at Bowling Green, Ohio; coeducational; chartered 1910 as a normal school, opened 1914. It became a college in 1929, a university in 1935. in Ohio. Mr. Anderson is an active member of a number of technical and industry professional organizations, including his current role as Chairman of the Metals Affordability Initiative consortium comprising aerospace metals producers, original equipment manufacturers and the U.S. Air Force Research Laboratory. Brush Wellman Inc., is the world's only fully integrated producer of beryllium, beryllium alloys and beryllia ceramic. Brush Engineered Materials Inc. (NYSE NYSE See: New York Stock Exchange :BW) is headquartered in Cleveland. The Company, through its wholly owned subsidiaries, supplies worldwide markets with beryllium products, alloy products, electronic products, precious metal products, and engineered material systems. |
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