Total Compensation: $ —
On February 8, 2008, the Company announced that it has appointed Stephen R. Light, age 61, as its new President and Chief Executive Officer, effective February 11, 2008. Mr. Light will also become a member of the company's board of directors concurrently with the effectiveness of his appointment as President and Chief Executive Officer. Mr. Light comes to Xerium Technologies having recently completed the highly successful turnaround of Flow International Corp. (NASDAQ: FLOW), the world's largest producer of industrial waterjet cutting and cleaning equipment. Prior to Flow, Mr. Light was President and CEO of OmniQuip Textron from October 2000 to January 2003 and held senior level management positions at General Electric, Emerson Electric and N.V. Phillips. Mr. Light also currently serves as director of Veri-tek International, Corp.
Total Compensation: $ 616,195.00
Mr. O'Donnell has served as the Company's chief financial officer since March 2003 and as the Company's executive vice president and as a director since April 2004. He served as president of the Group Services Division of ABB Ltd., a provider of power and automation technologies for utility and other industrial customers, from April 2001 to March 2003. He served as executive vice president and chief financial officer for Invensys Power Systems from February 1998 to April 2001.
Total Compensation: $ —
Joan "John" Badrinas Ardevol has served as the Company's President- Clothing Europe since July 2006. He served as President of Trelleborg Automotive Europe from September 2000 until he joined the Company. From May 1996 until 2000, Mr. Badrinas was Group Technical Director of BTR Anti-Vibrations Systems, which was sold to Trelleborg AB and became Trelleborg Automotive Europe. Previously, from 1984 to 1996, he held a series of positions ranging from Product Development Engineer to Industrial Operations Director with Pendelastica s.a. in Spain, a manufacturer of rubber and metal anti-vibration components used in automotive applications. Prior to joining Xerium, Mr. Badrinas held various technology leadership positions at Trelleborg AB and Pendelastica SA. On February 11, 2008, the Company appoints Joan "John" Badrinas Ardevol as Chief Technology Officer.
Total Compensation: $ —
Michael J. Stick has served as the Company's executive vice president and general counsel since May 2004. From September 1995 to May 2004, he was a corporate attorney at Ropes & Gray LLP in Boston, Massachusetts.
Total Compensation: $ 2.15 M
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Total Compensation: $ —
Mr. Phillips has served as a director since December 1999. He has been a partner at Apax Partners Beteiligungsberatung GmbH, a private equity and venture capital consulting firm, since March 1996. He joined Apax Partners Beteiligungsberatung GmbH in October 1992. He is also a director of IFCO Systems NV, Sulo Entsorgungs GmbH, Tommy Hilfiger Corporation, Mueller Brot AG and Anker Brot AG.
Total Compensation: $ —
Mr. Paquette has served as a director since July 2004. He served as vice president, chief financial officer and a director of Standex International Corp., a diversified manufacturing company listed on the NYSE, from September 1997 to August 2001, when he retired. Prior to joining Standex International Corp., he was a certified public accountant and partner at Deloitte & Touche LLP for 26 years.
Total Compensation: $ —
Mr. Aiken has served as a director since April 2004. He has served as chairman of the board of Gerber Scientific, Inc., a provider of software, computerized manufacturing systems, supplies, and services to the sign making and specialty graphics, ophthalmic lens processing, and apparel and flexible materials industries listed on the NYSE, since February 2004 and as a director since September 1997. Mr. Aiken served as a director of ABB Lummus Global, a subsidiary of ABB Ltd., from August 2003 through December 2005 and as a consultant to ABB, Inc. from February 2004 through December 2005. He served as chief executive officer and president of ABB, Inc., a provider of power and automation technologies for utility and other industrial customers, from February 2001 to January 2004.
Total Compensation: $ —
Mr. Thompson has served as a director and chairman of the Board since July 2004. He served as chief executive officer of SPS Technologies, Inc., a manufacturer of specialty fasteners, assemblies, precision components, metalworking, magnetic products and superalloys listed on the New York Stock Exchange (the "NYSE"), from April 2002 to December 2003, when he retired. He also served as its president and chief operating officer from October 1999 to March 2002, and as a director from April 2000 to December 2003. Before joining SPS Technologies, Inc., he served as president and chief executive officer of BTR, Inc. (and after the merger referred to below, Invensys, Inc.), a manufacturer of engineered industrial products (including clothing, roll covers and spreader rolls), from June 1993 to September 1999 and as a director of BTR plc from May 1994 to January 1999, when BTR plc merged with Siebe plc to form Invensys plc. Prior to becoming president and chief executive officer of BTR, Inc., he served as chief executive officer and in other senior executive positions of several of its subsidiaries, including its clothing, roll covers and spreader rolls companies which later became owned by the Company.
Total Compensation: $ —
Mr. Paquette has served as a director since July 2004. He served as vice president, chief financial officer and a director of Standex International Corp., a diversified manufacturing company listed on the NYSE, from September 1997 to August 2001, when he retired. Prior to joining Standex International Corp., he was a certified public accountant and partner at Deloitte & Touche LLP for 26 years.
Total Compensation: $ —
Cheryl Diuguid has served as the Company's President - Xerium Asia since December 2005. From September 2005 to December 2005 she was the Company's executive vice president of corporate development. Prior to joining the Company, Ms. Diuguid was the Senior Vice President of Asia for Enersys, Inc., a battery company, from January 2004 to September 2005. She was Enersys' Vice President Strategic Planning and Asia from March 2002 to January 2004. Prior to Enersys, Ms. Diuguid served as Vice President and General Manager of Worldwide Operations for the Invensys Energy Storage business located in Chippenham, UK from 1999 to March 2002.
Total Compensation: $ 443,923.00
Josef Mayer has served as the Company's Executive Vice President - Business Development since July 2006, after serving as the Company's president of clothing Europe since May 2003 and president of the Company's Wangner clothing business in Germany since May 2001. From May 2003 to December 2005 he also had responsibility for the Company's Asia Pacific clothing operations. From July 1997 to April 2001, Mr. Mayer served as Chief Executive Officer and Managing Director of Labelmaker Holding GmbH, a consulting and investment firm. Through this position, he served, on a consulting basis, as a managing director and president of the Eastern Europe division of MMP Austria GmbH, a manufacturer of chip board and folding boxes from June 1999 to April 2001 and as a managing director of Illert GmbH Hanau, a manufacturer of labels, from July 1997 to May 1999. On June 16, 2008, Xerium Germany Holding GmbH, a subsidiary of Xerium Technologies, Inc. delivered a notice of termination of employment to Josef Mayer, the Company's Executive Vice President-Business Development, effective June 30, 2009. Mr. Mayer also was removed from his position as a Managing Director of Xerium Germany Holding GmbH, effective June 16, 2008.
Total Compensation: $ 482,585.00
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Total Compensation: $ 780,428.00
Miguel Quinonez has served as President - Xerium South America since December 2005. He was the Company's President - Clothing Americas from January 2004 to December 2005 with responsibility for the Company's clothing business in South America and, from January 2004 to August 2005, North America. From February 2000 to January 2004 he served as the Company's president of clothing for South America. He joined BTR plc in 1964 and served as president of its paper group - South America from November 1996 to February 2000 (including after the January 1999 merger of BTR plc and Siebe plc which formed Invensys plc).
Total Compensation: $ —
David Pretty has served as President - Weavexx, the Company's North American clothing operation, since December 2005. From November 2004 to December 2005 he was the Senior Vice President - Sales, Marketing, Technology and Operations for Weavexx. From August 2003 to November 2004 he was the Senior Vice President - Sales, Marketing and Technology for Weavexx. From August 2000 until August 2003 he was the Vice President - Sales and Marketing for Weavexx. On February 11, 2008, the Company appoints David Pretty as President- Xerium North America.
Total Compensation: $ —
On February 11, 2008, the Company appoints Peter Williamson as President- Xerium Europe. Mr. Williamson has served as the Company's Managing Director- Stowe Woodward Europe, with responsibility for Xerium's European roll covers business since joining the Company in March 2006. Mr. Williamson had previously served as President of the product area engine group at Trelleborg AB and earlier as President- Metzler Automotive Hose Systems. As President- Xerium Europe, he will be responsible for the Company's European clothing operations, in addition to the roll covers operations in Europe.
