Fedders Names Peter Gasiewicz Senior Vice President, Fedders Corporation and President, Fedders North America
18 Avril 2005 - 5:12PM
PR Newswire (US)
Fedders Names Peter Gasiewicz Senior Vice President, Fedders
Corporation and President, Fedders North America LIBERTY CORNER,
N.J., April 18 /PRNewswire-FirstCall/ -- Fedders Corporation
(NYSE:FJC), a leading global manufacturer of air treatment
products, including air conditioners, air cleaners, dehumidifiers
and humidifiers, and thermal technology products, today announced
that it has appointed Peter Gasiewicz, Senior Vice President,
Fedders Corporation and President, Fedders North America. Mr.
Gasiewicz will have direct responsibility for the company's
Commercial HVAC, Residential HVAC, and Indoor Air Quality operating
units and sales activities in North America and is charged with
more closely aligning these businesses and their respective product
lines to maximize growth and profitability. Mr. Gasiewicz has
extensive residential and commercial HVAC and indoor air quality
experience gained throughout his career in the air treatment
industry. He has held positions of increasing responsibility with
Melco, ZoneAire, American Air Filter and from 1987, with
International Comfort Products/Carrier Corporation (ICP), a
division of United Technologies. In 2003 he was appointed Vice
President and General Manager of ICP, with responsibility for the
company's substantial market share and revenue. Prior to 2003, he
held various positions including Vice President, Sales and
Marketing for ICP's global operations from 2000 to 2002, Vice
President, U.S. Sales from 1997 to 2000 and from 1996 to 1997, Vice
President of National Accounts and Company-Owned Branches. Mr.
Gasiewicz has a Bachelor's degree in Economics from Ramapo College
in New Jersey, various industry technical certifications and is a
Vietnam Era Veteran of the United States Marine Corps. Commenting
on the appointment of Mr. Gasiewicz, Fedders' President, Michael
Giordano said, "Pete is a proven HVAC industry veteran who brings
to Fedders a wealth of experience. Fedders is well-positioned, with
a broad line of air treatment products, including residential and
commercial air conditioning and gas heating products, and
residential, commercial and industrial air cleaning and
humidification products to grow the business. With our extensive
mass production facilities in Asia, a new state-of-the-art research
and development center in China, and flexible manufacturing and
design facilities in the US, we intend to continue our significant
expansion in the broader North American HVAC market under Pete's
leadership." This news release includes forward-looking statements
that are covered under the "Safe-Harbor" clause of the Private
Securities Litigation Reform Act of 1995. Such statements are based
upon current expectations and assumptions. Actual results could
differ materially from those currently anticipated as a result of
known and unknown risks and uncertainties including, but not
limited to, weather and economic, political, market and industry
conditions and reliance on key customers. Such factors are
described in Fedders' SEC filings, including its most recently
filed annual report on Form 10-K. The company disclaims any
obligation to update any forward-looking statements to incorporate
developments occurring after release of announcement. Visit the
Fedders investor information website at http://www.fedders.com/ to
access additional information on Fedders. DATASOURCE: Fedders
Corporation CONTACT: Robert Laurent, Jr. of Fedders Corporation,
+1-908-604-8686, or Web site: http://www.fedders.com/
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