KEMET Announces New Chief Talent Development Officer
GREENVILLE, S.C., May 17, 2011 /PRNewswire/ -- KEMET Corporation (NYSE: KEM), a leading manufacturer of tantalum, ceramic, aluminum, film, paper and electrolytic capacitors, today announced that Richard M. Vosburgh, Ph.D. has joined the company in the newly created role of Vice President, Talent and Organizational Effectiveness and Chief Talent Development Officer, reporting to Larry C. McAdams, Vice President and Chief Human Resources Officer.
"As KEMET continues to expand its global footprint, we must also continue to grow and expand our talent management activities. Richard will be responsible for developing KEMET's talent strategy and will lead and coordinate all organizational activities that are focused on Talent Management," said Per Loof, Chief Executive Officer of KEMET. "In recognition of this important new role, Richard has been named to the Leadership Team and will work closely with all Leadership Team members in planning new talent strategies for One KEMET."
As a seasoned professional in Human Resources generalist and organizational development activities, Vosburgh is well qualified for the position. His most recent assignment was Senior Vice President at MGM Resorts International in Las Vegas, Nevada. Prior to MGM he worked at Pepsico, The Gallup Organization and Campbell Soup Company. He has also had significant global expatriate assignments with HP in Singapore and Volkswagen in Germany. Vosburgh received his B.A. degree in Experimental Psychology from New College and both his M.A. and Ph.D. degrees in Industrial and Organizational Psychology from the University of South Florida.
"I am excited about the opportunity to join KEMET's Leadership Team," stated Vosburgh. "It is a privilege to join a company with such a strong commitment to enhancing global talent development that is already recognized throughout the organization."
About KEMET
KEMET's common stock is listed on theNYSE: Amex under the symbol "KEM." At the Investor Relations section of our web site at http://www.KEMET.com/IR, users may subscribe to KEMET news releases and find additional information about our Company. KEMET applies world class service and quality to deliver industry leading, high performance capacitance solutions to its customers around the world and offers the world's most complete line of surface mount and through-hole capacitor technologies across tantalum, ceramic, film, aluminum, electrolytic, and paper dielectrics. Additional information about KEMET can be found at http://www.kemet.com.
Cautionary Statement on Forward-Looking Statements
Certain statements included herein contain forward-looking statements within the meaning of federal securities laws about KEMET Corporation's (the "Company") financial condition and results of operations that are based on management's current expectations, estimates and projections about the markets in which the Company operates, as well as management's beliefs and assumptions. Words such as "expects," "anticipates," "believes," "estimates," variations of such words and other similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions, which are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in, or implied by, such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's judgment only as of the date hereof. The Company undertakes no obligation to update publicly any of these forward-looking statements to reflect new information, future events or otherwise.
Factors that may cause actual outcome and results to differ materially from those expressed in, or implied by, these forward-looking statements include, but are not necessarily limited to, generally adverse economic and industry conditions, including a decline in demand for the Company's products. Other risks and uncertainties may be described from time to time in the Company's reports and filings with the Securities and Exchange Commission.
Contact: |
Dean W. Dimke |
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Director of Corporate and Investor Communications |
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954.766.2806 |
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SOURCE KEMET Corporation
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