Knape & Vogt Names New Chief Financial Officer.GRAND RAPIDS Grand Rapids, city (1990 pop. 189,126), seat of Kent co., SW central Mich., on the Grand River; inc. 1850. The second largest city in the state, it is a distribution, wholesale, and industrial center for an area that yields fruit, dairy products, farm produce, , Mich.--(BUSINESS WIRE)--Sept. 1, 1998--Knape & Vogt Manufacturing Company (NASDAQ/NMS:KNAP) today announced Jack D. Poindexter, CPA (Computer Press Association, Landing, NJ) An earlier membership organization founded in 1983 that promoted excellence in computer journalism. Its annual awards honored outstanding examples in print, broadcast and electronic media. The CPA disbanded in 2000. has been named chief financial officer and treasurer of this leading manufacturer and distributor of shelving shelv·ing n. 1. Shelves considered as a group. 2. Material for shelves. 3. An incline; a slope. shelving Noun 1. material for shelves 2. products, drawer A person who orders a bank to withdraw money from an account to pay a designated person a specific sum according to the term of a bill, a check, or a draft. An individual who writes and signs a Commercial Paper, thereby becoming obligated under its terms. slides and other storage-related products. Poindexter will also assume responsibilities for analyst and shareholder relations for Knape & Vogt. Grand Rapids, Mich.-based Knape & Vogt said Poindexter replaces Richard C. Simkins, who is leaving the Company at the end of 1998 to pursue other opportunities. Simkins is also resigning from Knape & Vogt's board of directors. KV will not immediately pursue a new board member, leaving its total director seats at eight. "Jack Poindexter has been a key leader in the implementation of EVA Eva to marry winner of singing contest. [Ger. Opera: Wagner, Meistersinger, Westerman, 225–228] See : Prize 1. Eva - A toy ALGOL-like language used in "Formal Specification of Programming Languages: A Panoramic Primer", F.G. principles at Knape & Vogt and the development of our new financial strategy for the future," said Allan Perry, Knape & Vogt president and chief executive officer. "We expect his expertise and knowledge of our operations to be tremendous assets to KV and our shareholders as we continue down the path toward increased financial accountability and profitability and improved EVA." Poindexter joined Knape & Vogt in June 1997, as assistant treasurer. Prior to joining KV, Poindexter served as a director in the finance department at Kysor Industrial Corporation and for six years at the international accounting firm Arthur Andersen For the U.S. Supreme Court case commonly known as Arthur Andersen, see . Arthur Andersen LLP, based in Chicago, was once one of the "Big Five" accounting firms (the other four are PricewaterhouseCoopers, Deloitte Touche Tohmatsu, Ernst & Young and KPMG), performing LLP LLP - Lower Layer Protocol . Knape & Vogt Manufacturing Company, which celebrates its 100th anniversary in 1998, designs, manufactures and distributes storage-related products for original equipment manufacturers, specialty distributors, hardware chains and every major home center in the country. KV's major product categories include precision, Euro-style and utility drawer slides; wall-attached shelving units; kitchen, closet and bath storage products; and specialty hardware products. Additional information on Knape & Vogt is available on the Company's Internet site, which is located at http://www.kv.com.
CONTACT: Knape & Vogt Manufacturing Company
Allan Perry, 616/459-3311
or
Seyferth & Associates, Inc.
Jeffrey Lambert, John Vonder Haar, 800/435-9539
(SeyferthPR@aol.com)
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