Press Release Details
Rhonda Jordan Appointed to Colfax Board of Directors
RICHMOND, Va., Feb 18, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- The Board of Directors of Colfax Corporation (NYSE: CFX) announced today that it has appointed Rhonda Jordan, President, Cheese and Dairy for Kraft Foods Inc. (NYSE: KFT), to its Board. This appointment increases the size of the Board from eight to nine members. Ms. Jordan will serve as a member of the compensation committee.
Mitchell P. Rales, Chairman of the Board of Colfax, said, "We are very pleased to have Rhonda join our Board. Her extensive leadership experience, coupled with her marketing and branding expertise, will provide a major contribution to Colfax as we continue to expand our global presence and leverage our portfolio of brands."
Ms. Jordan has held a variety of leadership roles during her 21-year career at Kraft. She became President of Cheese and Dairy for Kraft in 2008 and is responsible for the day to day management of the $4 billion business including leading marketing, sales, finance, manufacturing, procurement, research and development, logistics and strategy. She previously served as President of Kraft's Grocery business from 2006 to 2008. Ms. Jordan received a bachelor of arts from Northwestern and a master's of management from the Kellogg School of Management.
About Colfax Corporation
Colfax Corporation is a global leader in critical fluid-handling solutions, including the manufacture of positive displacement industrial pumps and valves used in global oil & gas, power generation, marine, naval and a variety of other industrial applications. Key product brands include Allweiler, Fairmount Automation, Houttuin, Imo, LSC, Portland Valve, Tushaco, Warren and Zenith. Colfax is traded on the NYSE under the ticker "CFX." Additional information about Colfax's products, businesses and practices is available at www.colfaxcorp.com.
Cautionary Note Concerning Forward-Looking Statements
This press release contains forward-looking statements, including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, statements concerning Colfax's plans, objectives, expectations and intentions and other statements that are not historical or current facts. Forward-looking statements are based on Colfax's current expectations and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such forward-looking statements. Factors that could cause Colfax's results to differ materially from current expectations include, but are not limited to, factors detailed in Colfax's reports filed with the U.S. Securities and Exchange Commission as well as its Registration Statement on Form S-1 under the caption "Risk Factors." In addition, these statements are based on a number of assumptions that are subject to change. This press release speaks only as of this date. Colfax disclaims any duty to update the information herein.
SOURCE Colfax Corporation
http://www.colfaxcorp.com
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