Enesco Appoints David du Four to Board of Directors
21 4월 2006 - 5:30AM
Business Wire
Enesco Group, Inc. (NYSE:ENC), a leader in the giftware, and home
and garden decor industries, today announced that the Company's
Board of Directors appointed David C. du Four as its newest Board
member and member of the Audit Committee. Mr. du Four's appointment
became effective April 18, 2006. Mr. du Four is the former General
Manager of Labsphere, Inc., a worldwide supplier of light
measurement equipment. From 2001 to 2004, Mr. du Four assisted with
turning that company, which was affected by the downturn of the
telecommunications industry, into a more profitable and focused
business. In his role, Mr. du Four had executive control of all
functions and reported to the chief executive officer of
Labsphere's parent company, X-Rite (NM:XRIT). Prior to joining
Labsphere, Mr. du Four was the Chief Operations Officer of Marine
Optical from 1990 to 2001, where he enabled that company to grow
from $12 million to $75 million in annual revenues by creating
superior supply chain management and customer services. Mr. du Four
also was Vice President of Industrial Sales and Marketing for North
America for Polaroid Corporation from 1976 to 1989, and held
various sales and marketing positions with increasing
responsibility with Westinghouse Electric from 1958 to 1976.
Anne-Lee Verville, chairman of Enesco's Board of Directors, stated,
"David is a seasoned, senior executive who has helped his companies
throughout his career attain strong, profitable business growth,
igniting both top and bottom line performance, and maximizing the
use of assets and value of the businesses. We are particularly
pleased to have a Director with this turnaround expertise join our
Board. We appreciate his enthusiasm and support of Enesco's
Operating Improvement Plan, and look forward to working with David
to promote Enesco's future sustainable growth." Mr. du Four holds a
Bachelor of Science degree in Electrical Engineering from MIT and a
Masters in Business Administration from the Harvard Business
School. About Enesco Group, Inc. Enesco Group, Inc. is a world
leader in the giftware, and home and garden decor industries.
Serving more than 44,000 customers globally, Enesco distributes
products to a wide variety of specialty card and gift retailers,
home decor boutiques, as well as mass-market chains and direct mail
retailers. Internationally, Enesco serves markets operating in the
United Kingdom, Canada, Europe, Mexico, Australia and Asia. With
subsidiaries located in Europe and Canada, and a business unit in
Hong Kong, Enesco's international distribution network is a leader
in the industry. The Company's product lines include some of the
world's most recognizable brands, including Border Fine Arts,
Bratz, Circle of Love, Foundations, Halcyon Days, Jim Shore
Designs, Lilliput Lane, Pooh & Friends, Walt Disney Classics
Collection, and Walt Disney Company, among others. Further
information is available on the Company's web site at
www.enesco.com. This press release contains forward-looking
statements, which reflect management's current assumptions and
beliefs and are based on information currently available to
management. The Company has tried to identify such forward-looking
statements by use of such words as "expects," "intends,"
"anticipates," "could," "estimates," "plans," and "believes," and
similar expressions, but these words are not the exclusive means of
identifying such statements. Such statements are subject to various
risks, uncertainties and other factors, which could cause actual
results to vary materially from those anticipated, estimated,
expected or projected. Important factors that may cause actual
future events or results to differ materially and adversely from
those described in the forward-looking statements include, but are
not limited to: the Company's success in implementing its
comprehensive plan for operating improvement and achieving its
goals for cost savings and market share increases; the Company's
success in developing new products and consumer reaction to the
Company's new products; the Company's ability to secure, maintain
and renew popular licenses, particularly our Cherished Teddies,
Disney and Jim Shore Designs licenses; the Company's ability to
grow revenues in mass and niche market channels; the Company's
ability to comply with covenants contained in its credit facility;
changes in general economic conditions, as well as specific market
conditions; fluctuations in demand for our products; manufacturing
lead times; the timing of orders and shipments and our ability to
predict customer demands; inventory levels and purchase commitments
exceeding requirements based upon forecasts; collection of accounts
receivable; changes in the regulations and procedures affecting the
importation of goods into the United States; changes in foreign
exchange rates; price and product competition in the giftware
industry; variations in sales channels, product costs or mix of
products sold; and, possible future terrorist attacks, epidemics,
or acts of war. In addition, the Company operates in a continually
changing business environment and does not intend to update or
revise the forward-looking statements contained herein, which speak
only as of the date hereof. Additional information regarding
forward-looking statement risk factors is contained in the
Company's reports and filings with the Securities and Exchange
Commission. In light of these risks and uncertainties, the
forward-looking statements contained herein may not occur and
actual results could differ materially from those set forth herein.
Accordingly, you should not rely on these forward-looking
statements as a prediction of actual future results.
Enesco (NYSE:ENC)
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