Craig Muhlhauser Named Chairman of Exide Technologies.Business Editors PRINCETON, N.J.--(BUSINESS WIRE)--May 17, 2002 Exide Technologies (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : EXDT) today announced that Craig H. Muhlhauser has been named Chairman of the Board of Directors of Exide, effective May 17, 2002. Muhlhauser has been a Director and Chief Executive Officer since September 2001. The Company said that Muhlhauser was elected Chairman during a meeting of its board of directors on May 17. Muhlhauser, 53, succeeds Robert A. Lutz, who resigned as chairman, but will remain a director of Exide. Lutz had been chairman since December 1998. Lutz, said, "Craig has shown himself to be a strong and capable leader for Exide, and we are thrilled that he has accepted the chairmanship. He has been instrumental in developing and implementing Exide's operational improvements and leading the Company's financial restructuring restructuring - The transformation from one representation form to another at the same relative abstraction level, while preserving the subject system's external behaviour (functionality and semantics). . We look forward to his leadership as Chairman." Muhlhauser said, "It is a great honor to be elected chairman by the board of directors and to lead the Company in its efforts to achieve a successful turnaround and reorganization." About Exide Technologies: Exide Technologies is the world's largest industrial and transportation battery producer and recycler, with operations in 89 countries. Industrial applications include network-power batteries for telecommunications systems, fuel-cell load leveling, electric utilities, railroads rail·road n. 1. A road composed of parallel steel rails supported by ties and providing a track for locomotive-drawn trains or other wheeled vehicles. 2. , photovoltaic The generation of voltage by a material that is exposed to light in the visible and invisible ranges. See photoelectric and photovoltaic cell. (solar-power related) and uninterruptible power supply See UPS. (hardware) Uninterruptible Power Supply - (UPS) A battery powered power supply unit that is guaranteed to provide power to a computer in the event of interruptions in the incoming mains electrical power. (UPS) markets; and motive-power batteries for a broad range of equipment uses, including lift trucks, mining vehicles and commercial vehicles. Transportation uses include automotive, heavy-duty truck, agricultural, marine and other batteries, as well as new technologies being developed for hybrid vehicles This is a list of hybrid vehicles in chronological order of production: Early designs
See: Secondary market. aftermarket See secondary market. and original-equipment transportation customers. Further information about Exide Technologies, its financial results and other information can be found at www.exide.com. |
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