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CTS Corporation Names Kevin McCarthy Director Corporate Development.


Business Editors

ELKHART, Ind.--(BUSINESS WIRE)--Dec. 8, 2000

CTS (1) (Clear To Send) The RS-232 signal sent from the receiving station to the transmitting station that indicates it is ready to accept data. Contrast with RTS.

(2) (Common Type System) The data typing used in .
 Corporation (NYSE NYSE

See: New York Stock Exchange
:CTS) today named Kevin McCarthy Kevin McCarthy may refer to any of the following individuals:
  • Kevin McCarthy (radio), a Texan radio personality
  • Kevin McCarthy (politician) (born 1965), United States Congressman from California
 to the position of director corporate development, according to an announcement by Joseph P. Walker, chairman of the board, president and chief executive officer of CTS.

McCarthy brings over 20 years of business and financial experience to his new position at CTS. He was most recently controller of CTS Corporation's Automotive Products business.

In his new position with CTS, McCarthy will be involved in the identification, investigation and analysis of possible acquisition and merger opportunities to achieve financial profitability objectives and long-range growth plans of the Company.

McCarthy is a 1977 graduate of Illinois State University ISU is recognized in the prestigious US News rankings as a "National University", that is, a university which grants a variety of doctoral degrees and strongly emphasizes research.  where he received his B.S. degree in Business Administration. He holds CPA (Computer Press Association, Landing, NJ) An earlier membership organization founded in 1983 that promoted excellence in computer journalism. Its annual awards honored outstanding examples in print, broadcast and electronic media. The CPA disbanded in 2000.  certification in both Illinois and Indiana.

He began his financial career, in 1981, when he joined Price Waterhouse. During his 12-years there, he reached the level of senior manager. He joined CTS Corporation, Corporate Offices, in 1993, as corporate financial reporting and systems manager. In 1994, he was promoted to controller of CTS' Automotive Products business, headquartered in Elkhart, Indiana.

CTS Corporation is a leading manufacturer of electronic components and assemblies for the communications, computer and automotive markets. The Company employs over 9,200 people at 19 facilities in North America, Europe and Asia. The Company's stock is traded on the NYSE under the ticker symbol Ticker Symbol

An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors
 "CTS." To find out more, visit the Company's website at www.ctscorp.com.
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Publication:Business Wire
Date:Dec 8, 2000
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