Coinstar Names New Chief Executive Officer.Business Editors NOTE TO MEDIA: Photo is available in a Smart News Release(TM) on Business Wire's Home Page at www.businesswire.com and at www.newstream.com BELLEVUE, Wash.--(BUSINESS WIRE)--Oct. 4, 2001 Coinstar Inc. (Nasdaq: CSTR CSTR Centre for Speech Technology Research CSTR Canister CSTR Continually Stirred Tank Reactor CSTR Center for Software Testing Research (Florida Tech) CSTR Combat System Trial Rehearsal (US DoD) ) today announced the appointment of David Cole David Cole may refer to:
Cole, who was unanimously selected by Coinstar's board following an extensive nationwide search, brings more than 30 years of leadership, operations, and sales management experience to Coinstar. For the past 11 years, Cole has served as president of two leading private-label manufacturing companies, The Torbitt & Castleman Company, a $130 million manufacturer of specialty food products, and Paragon Trade Brands, a leading manufacturer of private label disposable diapers and a former subsidiary of Weyerhaeuser. While at Paragon, Cole was part of a management team that led the company through its initial public offering on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. . In addition, Cole has worked for several well-known consumer packaged goods companies. "David is a great complement to Coinstar's already strong management team," said Coinstar chairman, Ron Weinstein. "His consumer products experience and his work with leading North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. and European retailers makes him a perfect match for Coinstar." "Coinstar is a great cash generating business with many exciting growth opportunities," said David Cole, newly appointed 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 Coinstar. "I look forward to joining the team as we expand the core business and leverage our existing infrastructure through the introduction of new products and services." In addition to serving as CEO, Cole has been appointed to Coinstar's board of directors. He also serves on the boards of Paragon Trade Brands and Changing Paradigms LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control . About Coinstar Inc. Coinstar owns and operates the only nationwide network of supermarket-based machines that offer coin counting and other electronic services. Linked by a sophisticated interactive network, the company has nearly 9,000 machines throughout North America as well as in the United Kingdom. Note: A Photo is available at URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. : http://www.businesswire.com/cgi-bin/photo.cgi?pw.100401/bb1 |
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