Exiting the unprofitable automotive fabrics business is a difficult decision, but ... it is a necessary action for the sake of the enterprise. |
Mary Ann is a respected, proven and recognized industry leader. She brings a thorough understanding of our customers' needs in terms of product development processes, and program management. She is a valuable addition to our senior management team. |
Tim's sound financial judgment, experience and leadership presence will play a critical role as we move ahead with our reorganization and establish ourselves as a viable entity. Tim has performed a number of the CFO's roles since arriving at the Company and has already provided vital guidance during this transition time. He will bring an added focus to our restructuring efforts as we work to emerge from bankruptcy protection. |