DAVID FRIEDSON IS NEW CHAIRMAN OF WINDMERE CORPORATION
Mr. Friedson, 40, succeeds his father, Belvin Friedson, 71, who founded the Company and had been its Chairman since 1963. The elder Mr. Friedson will hold the title of Chairman Emeritus.
David Friedson has served as Windmere's Chief Executive Officer since January 1987 and President since January 1985. From January 1985 to January 1987, Mr. Friedson served as Windmere's Chief Operating Officer and prior to that held various other management positions after joining the company in 1976.
"I am pleased to take on the additional responsibility of Windmere's chairmanship and look forward to leading the Company into the next century," Mr. Friedson commented. "A number of exciting business opportunities are emerging for Windmere, and I intend to work closely with the talented people we have here to develop these opportunities into a trend of sustainable earnings growth."
Windmere Corporation is a leading manufacturer and distributor of personal care products and other merchandise for the home and professional salons. The Company's products include hair dryers, curling irons, kitchen electric appliances, and electric oscillating fans. The Company also markets the Litter Maid(TM) computerized, infrared, automatic self-cleaning cat litter box.
/CONTACT: Harry D. Schulman, Sr. Vice President-Finance & Administration and Chief Financial Officer, of Windmere Corporation, 305- 362-2611/
CO: Windmere Corporation ST: Florida IN: HOU SU: PER
LA-TC -- CLW036 -- 9224 04/17/96 15:15 EDT
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|Date:||Apr 17, 1996|
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