Robert F. Mehmel Elected to Board of United Industrial Corporation
11 3월 2004 - 6:54AM
PR Newswire (US)
Robert F. Mehmel Elected to Board of United Industrial Corporation
HUNT VALLEY, Md., March 10 /PRNewswire-FirstCall/ -- Robert F.
Mehmel, a senior corporate executive with significant management
experience in defense, aerospace, and high-technology fields, has
been elected to the board of directors of United Industrial
Corporation , the company announced today. Mr. Mehmel is executive
vice president, in business operations and strategy, for DRS
Technologies, Inc., (NYSE:DRS) in Parsippany, N.J., a position he
has held since joining the firm in January 2001. He replaces
General P.X. Kelley (U.S. Marine Corps, ret.) who stepped down from
the board because of increasing demands on his time as chairman of
the American Battle Monuments Commission. "Bob Mehmel is an
excellent addition to our board at this time," said United
Industrial Chairman Warren G. Lichtenstein. "He brings to UIC more
than 20 years of insightful corporate experience in strategic
planning and business development." Frederick M. Strader, UIC
president and chief executive officer, noted that Mr. Mehmel "has
significant experience in mergers and acquisitions and strong
relationships with investment banks and equity financing
institutions -- areas of expertise that will be valuable as UIC's
board looks at various strategies to expand our defense products
and markets." Before joining DRS Technologies, Mr. Mehmel held
management and executive positions with Jabil Circuit, Inc., L-3
Communications, Loral Corporation, and LearSeigler, Inc. United
Industrial is a company focused on the design and production of
defense and training systems. Its products include unmanned aerial
vehicle systems, training and simulation systems, automated
aircraft test and maintenance equipment, and logistical/engineering
services for government- owned equipment. Except for the historical
information contained herein, information set forth in this news
release may contain forward-looking statements subject to risks and
uncertainties which could cause the company's actual results or
performance to differ materially from those expressed or implied in
such statements. The company makes no commitment to update any
forward-looking statement or to disclose any facts, events, or
circumstances after the date hereof that may affect the accuracy of
any forward-looking statement. For additional information about the
company and its various risk factors, reference is made to the
company's most recent Annual Report on Form 10-K and Quarterly
Report on Form 10-Q as filed with the Securities and Exchange
Commission. For more information, visit
http://www.unitedindustrial.com/. DATASOURCE: United Industrial
Corporation CONTACT: James H. Perry of United Industrial
Corporation, +1-410-628-8786, or Web site:
http://www.unitedindustrial.com/
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United Industrial (NYSE:UIC)
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