Exide Appoints Kevin McMahon Vice President-Audit.ALPHARETTA, Ga. -- Exide Technologies (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : XIDE, www.exide.com), a global leader in stored electrical-energy solutions, today announced the appointment of Kevin McMahon as Vice President-Audit, effective immediately. Mr. McMahon succeeds Steve Ellis, who elected not to relocate from Lawrenceville, N.J. "I am pleased to welcome Kevin to Exide," said J. Timothy Gargaro, Executive Vice President and Chief Financial Officer. "Kevin brings a wealth of both financial and operational auditing in his background to our Company, and has hands-on experience developing internal accounting compliance procedures, including Sarbanes-Oxley 404 testing, for a multinational company." Prior to joining Exide, Mr. McMahon most recently was Chief Internal Auditor at Novelis Inc., an aluminum rolling and recycling company that was formed as a spin-off from Alcan. Earlier, he served as Vice President Internal Audit Services at HCA HCA, n.pr See acid, hydroxycitric. Inc. and a Manager of Assurance and Advisory Services at Ernst & Young LLP LLP - Lower Layer Protocol . Mr. McMahon is a Certified Internal Auditor and holds a bachelor's degree in accounting from the State University of New York (body) State University of New York - (SUNY) The public university system of New York State, USA, with campuses throughout the state. and an MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration from Palm Beach Atlantic University Palm Beach Atlantic University (PBA) is a comprehensive evangelical Christian university with a core emphasis on character formation by integrating a Christian worldview with the liberal arts and selected professional studies. . About Exide Technologies Exide Technologies, with operations in 89 countries, is one of the world's largest producers and recyclers of lead-acid batteries. The Company's four global business groups - Transportation Americas, Transportation Europe and Rest of World, Industrial Energy Americas and Industrial Energy Europe and Rest of World - provide a comprehensive range of stored electrical energy products and services for industrial and transportation applications. Transportation markets include original-equipment and aftermarket automotive, heavy-duty truck, agricultural and marine applications, and new technologies for hybrid vehicles and 42-volt automotive applications. Industrial markets include network power applications such as telecommunications systems, electric utilities, railroads, photovoltaic (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), and motive-power applications including lift trucks, mining and other commercial vehicles. Further information about Exide, including its financial results, is available at www.exide.com. |
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