KEMET Announces Changes in its Tantalum Business Group
Greenville, South Carolina (January 6, 2009) - KEMET Corporation (NYSE:KEM) has announced today the following organizational changes in the Tantalum Business Group that became effective January 1, 2009, following an orderly transition of duties.
Joe Porter, VP Sales Administration, is appointed Vice President, Tantalum Product Marketing, reporting to Conrado Hinojosa, SVP, Tantalum Business Group. Reporting to Joe Porter will be the Product Management Group which is composed of Ed Jones, Tommy Weir, Mark Whisenhunt, Sandy Campbell, Jayson Young, and Craig Scruggs, as well as, Gabriela Gil and her Central Planning Team and the Business Management Group which is composed of Matthias Harder, Audrey To, and Eric Zhang.
Werner Lohwasser, VP Tantalum Product Marketing, is appointed Vice President, Tantalum MnO2 Operations, also reporting Conrado Hinojosa. Reporting to Werner Lohwasser will be Roger Chen, Director of MnO2 Operations and Rich Reifenheiser, PE Manager for Anodes. Erika Gracia, Supply Chain Manager, and Tommy Weir, Product Line Manager for MnO2, will have a dotted line to Lohwasser as well.
Roger Chen, Director of MnO2 Operations, will have global responsibilities of the MnO2 Operations. Reporting to Roger Chen will be Jorge Iniguez, Plant Manager for Victoria; Antonio de Sousa, Plant Manager for Evora; and Jonah Ke, Plant Manager for MnO2 Suzhou. Also reporting to Roger Chen will be Marc Runyan, Manufacturing Manager for Anodes; Enrique Moran, Manufacturing Manager EOL; Hugo Zamora, PE Manager SMD MnO2; Claudia Oliva, Quality Group Leader MnO2; and Simon Mata, Engineering Manager. Additionally, Julio Arteaga, Central Planning MnO2, will have a dotted line to Chen.
“We are confident that these changes will increase our effectiveness in meeting the needs of our customers,” stated Conrado Hinojosa, SVP, Tantalum Business Group. “We have a talented group of experienced professionals and this new structure will give them the flexibility to use their talents to the fullest.”
About KEMET
KEMET Corporation (KEM) applies world-class service and quality to deliver industry-leading, high-performance capacitance solutions to its customers around the world. KEMET offers the world's most complete line of surface-mount and through-hole capacitor technologies across tantalum, ceramic, film, aluminum, electrolytic, and paper dielectrics. KEMET's common stock is listed on The New York Stock Exchange under the symbol KEM. Additional information about KEMET can be found at http://www.kemet.com.
Cautionary Statement on Forward-looking Statements
Certain statements included herein contain forward-looking statements within the meaning of federal security laws about KEMET Corporation (the "Company") financial condition and results of operations that are based on management's current expectations, estimates and projections about the markets in which the Company operates, as well as management's beliefs and assumptions. Words such as "expects," "anticipates," "believes," "estimates," variations of such words and other similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions, which are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in, or implied by, such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's judgment only as of the date hereof. The Company undertakes no obligation to update publicly any of these forward-looking statements to reflect new information, future events or otherwise.
Factors that may cause actual outcome and results to differ materially from those expressed in, or implied by, these forward-looking statements include, but are not necessarily limited to, availability, sourcing and pricing of raw materials, pressures on sales prices and volumes due to competition and economic conditions, reliance on and financial viability of significant customers, operating performance of joint ventures, alliances and other equity investments, technological advancements, employee relations, changes in construction spending, capital expenditures and long-term investments (including those related to unforeseen acquisition opportunities), continued availability of financial resources through financing arrangements and operations, outcomes of pending or threatened legal proceedings, negotiation of new or modifications of existing contracts for asset management and for property and equipment construction and acquisition, regulations governing tax laws, other governmental and authoritative bodies' policies and legislation, and proceeds received from the sale of assets held for disposal. In addition to these representative factors, forward-looking statements could be impacted by general domestic and international economic and industry conditions in the markets where the Company competes, such as changes in currency exchange rates, interest and inflation rates, recession and other economic and political factors over which the Company has no control. Other risks and uncertainties may be described from time to time in the Company's other reports and filings with the Securities and Exchange Commission.
# # #
 | Contact: | Dean W. Dimke
Director of Corporate and
Investor Communication
954-766-2806
deandimke@kemet.com |
|
CONTACT US | CUSTOMER SERVICE
