The Fairchild Corporation Announces Management Changes
29 Dezember 2008 - 11:35PM
Business Wire
The Fairchild Corporation (NYSE:FA) announced today that, due to
personal reasons, Warren Persavich, its President, Aerospace Group,
has resigned. Additionally, Rich Nyren, the Company�s Controller,
has accepted a position with another company.�No replacements are
expected to be made. About The Fairchild Corporation The business
of Fairchild consists of three segments: PoloExpress, Hein Gericke
and Aerospace. Fairchild�s PoloExpress and Hein Gericke businesses
design and sell motorcycle protective apparel, helmets and a large
selection of technical accessories for motorcyclists. Together,
Hein Gericke and PoloExpress operate 234 retail shops in Germany,
the United Kingdom, Austria, Belgium, France, Italy, Luxembourg,
the Netherlands, Switzerland and Turkey. Fairchild�s aerospace
segment is engaged in the aerospace distribution business which
stocks and distributes a wide variety of parts to operators and
aerospace companies providing aircraft parts and services to
customers worldwide. Additional information is available on The
Fairchild Corporation web site (www.fairchild.com). This news
release may contain forward looking statements within the meaning
of Section 27A of the Securities Act of 1933, as amended, and
Section 21 E of the Securities Exchange Act of 1934, as amended.
The Company�s actual results could differ materially from those set
forth in the forward-looking statements, as a result of the risks
associated with the Company�s business, changes in general economic
conditions and changes in the assumptions used in making such
forward-looking statements.
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