Swagelok Company Announces Election of Directors.Business Editors SOLON Solon, Athenian statesman Solon (sō`lən), c.639–c.559 B.C., Athenian statesman, lawgiver, and reformer. He was also a poet, and some of his patriotic verse in the Ionic dialect is extant. At some time (perhaps c.600 B.C. , Ohio--(BUSINESS WIRE)--Feb. 9, 2004 Swagelok Company, a major developer and manufacturer of fluid system component technologies, today announced the results of recent director elections, including a new chairman of the board and the addition of two new independent directors. Re-elected to the board of directors and to the role of chairman of the board was Edward A. Lozick, 66. Mr. Lozick is married to Catherine L. Lozick, the daughter of the deceased founder of Swagelok, Fred A. Lennon. Mr. Lozick served in various capacities at Swagelok for the past 28 years. Thomas J. Janoch, 64, the former chief financial officer of the company, was also re-elected to the board. Mr. Janoch retired from Swagelok in 1998 and was formerly a 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. with Hausser & Taylor. Re-elected to the board was Arthur F. Anton, 46, president and chief executive officer. Mr. Anton has been a member of the board since 1998. The company added two new outside directors to its board. Elected were James C. Boland, 63, vice chairman of Cavs/Gund Arena Company (CGAC CGAC Consejo General de Colegios de Agentes Comerciales de España (General Council of Business Agents' Associations of Spain) CGAC Canada Games Aquatic Centre CGAC Customs General Administration of China CGAC Combined Generator Air Conditioner ), and William F. Ruschhaupt, M.D., 57, a member of the professional staff of the Cleveland Clinic Cleveland Clinic (formally known as the Cleveland Clinic Foundation) is a multispecialty academic medical center located in Cleveland, Ohio, USA. Cleveland Clinic was established in 1921 by four physicians for the purpose of providing patient care, research, and medical Foundation since 1978. Mr. Boland, in addition to his experience with CGAC, is a 34-year veteran of the global professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. firm of Ernst & Young, where he served among other capacities as vice chairman and regional managing partner. Dr. Ruschhaupt maintains an active practice in the Clinic's Department of Cardiovascular Medicine--Section of Vascular Medicine, and is the Physician Director of Institutional Relations and Development for the Cleveland Clinic Foundation. Commenting on the board elections, Swagelok 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. Art Anton said, "Even though Swagelok remains a private company, we are committed to upholding high standards of corporate governance Corporate Governance The relationship between all the stakeholders in a company. This includes the shareholders, directors, and management of a company, as defined by the corporate charter, bylaws, formal policy, and rule of law. . The expansion of the board to five seats, the election of a chairman, and the addition of two new independent directors will bring valuable and diverse perspectives to our board deliberations. On behalf of the directors and the entire company, I welcome Jim Boland and Dr. Ruschhaupt to the board." Headquartered in Solon, Ohio Solon (pronounced Sew-len) is a city in Cuyahoga County, Ohio, and is a suburb of Cleveland in the Northeast Ohio Region, the 14th largest Combined Statistical Area in the United States. As of the 2000 census, the city population was 21,802. , U.S.A., Swagelok Company is a major developer and manufacturer of fluid system component technology for the research, analytical instrumentation, process instrumentation, pharmaceutical, oil and gas, power, petrochemical, and semiconductor industries. Swagelok products are delivered through one of the world's largest manufacturing and industrial distribution networks. More than 25 Swagelok manufacturing, research, technical support, and distribution facilities support a global network of over 200 independent, local sales and service centers on six continents. For more information about Swagelok, visit the company's Web site at www.swagelok.com. |
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