Channell Names William H. Channell Sr. as Chief Executive Officer.Business Editors & High-Tech Writers Channell Commercial Corp. (Nasdaq:CHNL CHNL Channel ) today announced the board of directors has named Chairman of the Board William H. Channell Sr. to the additional position of chief executive officer, replacing Richard A. Cude, who has resigned from the company and the board of directors. In view of the significant changes taking place in the telecommunications industry, the board decided that the leadership of the company would be best served by the former chief executive officer, Channell Sr., working more closely with the company's management team. The board also named Jacqueline Channell as a director, effective immediately. Channell will announce second quarter earnings on Tuesday, July 23, 2002 and there will be a conference call webcast at www.companyboardroom.com. at noon Eastern time to discuss second quarter results. About Channell Channell Commercial Corp. is a global designer and manufacturer of telecommunications equipment primarily supplied to telephone and broadband network operators worldwide. Major product lines include a complete line of thermoplastic A polymer material that turns to liquid when heated and becomes solid when cooled. There are more than 40 types of thermoplastics, including acrylic, polypropylene, polycarbonate and polyethylene. and metal fabricated fab·ri·cate tr.v. fab·ri·cat·ed, fab·ri·cat·ing, fab·ri·cates 1. To make; create. 2. To construct by combining or assembling diverse, typically standardized parts: enclosures, advanced copper termination and connectorization products, fiber optic cable Noun 1. fiber optic cable - a cable made of optical fibers that can transmit large amounts of information at the speed of light fibre optic cable transmission line, cable, line - a conductor for transmitting electrical or optical signals or electric power management systems and passive RF electronics. Channell's headquarters and U.S. manufacturing facilities are in Temecula. International operations Internal Operations (I.O., IO or I/O) is a fictional American Intelligence Agency in Wildstorm comics. It was originally called International Operations. I.O. first appeared in WildC.A.T.S. volume 1 #1 (August, 1992) and was created by Brandon Choi and Jim Lee. include facilities in Toronto, London, Sydney, Australia and Kuala Lumpur Kuala Lumpur (kwä`lə l  m`pr), city (1990 est. pop. , Malaysia. Forward-Looking Statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. Forward-looking statements contained within this news release are subject to many uncertainties in the company's operations and business environments. Examples of such uncertainties include customer demand, material costs, integration of acquired businesses and worldwide economic conditions among others. Such uncertainties are discussed further in the company's annual report/10K and S-1 filed with the Securities and Exchange Commission. Contact George C. Christy, treasurer tel 909/719-2600, fax 909/296-2333 or e-mail: gchristy@channellcorp.com. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion