|
| [December 18, 2012] |
 |
General Cable Announces the Promotion of Peter A. Campbell to Executive Vice President General Cable and Chief Executive Officer, Asia Pacific
HIGHLAND HEIGHTS, Ky. --(Business Wire)--
General Cable Corporation (NYSE: BGC) (the Company) is pleased to
announce the promotion of Peter A. Campbell to Executive Vice President
of General C able Corporation and Chief Executive Officer, Asia Pacific
effective December 11, 2012. Today, the Company's Asia Pacific region
includes operations and investments principally in Australia, China,
Fiji, India, New Zealand, the Philippines, and Thailand that together
represent more than $700 million in annual revenue, at current metal
prices. Mr. Campbell is also responsible for the Company's investments
in Oman and Pakistan.
Mr. Campbell joined General Cable more than two years ago as Senior Vice
President, Asia and previously held management, manufacturing and
engineering positions of increasing responsibilities with multi-national
firms including Fosroc International and BP Chemicals. He has spent a
significant part of his career living and working throughout the Asia
Pacific region. He currently serves on the Board of Directors of Phelps
Dodge International (Thailand) Limited, PDTL Trading, Thai Copper Rod
Company Limited and our joint ventures General Cable Oman and Phelps
Dodge Yantai Cable Company. Peter resides in Thailand and holds a
Bachelor of Science degree in Chemical Engineering from the University
of Strathclyde, United Kingdom.
Chief Executive Officer Gregory B. Kenny stated, "The Asia Pacific
region including China makes up more than 45% of global wire and cable
demand and represents an important long-term growth opportunity for the
Company. Our recent acquisition of Alcan Cable China and our Greenfield
project in India, which complement our long-standing businesses in the
region, are important steps in further enhancing our position in this
significant and geographically diverse region. Peter's leadership and
contributions have been an integral part of the Company's strategic
development and success in Asia Pacific over the past two years. He hs
a deep understanding of the diverse regional markets and a proven record
of success. We are pleased to welcome Peter to the global Operating
Committee of General Cable."
General Cable (NYSE:BGC), a Fortune 500 Company, is a global
leader in the development, design, manufacture, marketing and
distribution of copper, aluminum and fiber optic wire and cable products
for the energy, industrial, specialty, construction and communications
markets. For more information about General Cable products,
please contact your local sales representative or visit our Web site at www.generalcable.com.
Forward Looking Statements
Certain statements in this press release including, without
limitation, statements regarding future financial results and
performance, plans and objectives, capital expenditures and the
Company's or management's beliefs, expectations or opinions, are
forward-looking statements. These statements are made pursuant to
the safe harbor provisions of the Private Securities Litigation Reform
Act of 1995. Forward-looking statements are those that predict or
describe future events or trends and that do not relate solely to
historical matters. Forward-looking statements can generally be
identified as statements containing the words "believe," "expect,"
"may," "could," "anticipate," "intend," "should," "estimate," "project,"
"will," "plan," "assume," "seek to" or other similar expressions,
although not all forward-looking statements contain these identifying
words. In addition, forward-looking statements are subject to
certain risks and uncertainties that could cause actual results to
differ materially from those discussed in forward-looking statements as
a result of factors, risks and uncertainties over many of which the
Company has no control. These risks, uncertainties and factors
specific to the Alcan Cable acquisition include, but are not limited to:
(i) the occurrence of any event, change or other circumstance that would
result in the termination or delay of the proposed Alcan Cable
acquisition, (ii) the inability to complete the proposed acquisition due
to the failure of the Company or Alcan Cable to satisfy any of the
conditions to the closing of the acquisition, including the failure to
obtain necessary regulatory approvals, (iii) the risk that the proposed
acquisition could disrupt the plans and operations of the Company, Alcan
Cable or both and the potential difficulties of employee retention as a
result of the acquisition, and (iv) the risk that the Company may not
realize the expected financial and other benefits from the proposed
acquisition. The foregoing factors should not be construed as
exhaustive and should be read in conjunction with the risk factors
described in the Company's Annual Report on Form 10-K filed with the
Securities and Exchange Commission (the "SEC (News - Alert)") on February 23, 2012, as
well as any current and periodic reports filed with the SEC subsequent
to such date. Forward looking statements reflect the views and
assumptions of management as of the date of this Current Report with
respect to future events. The Company does not undertake, and
hereby disclaims, any obligation, unless required to do so by applicable
securities laws, to update any forward-looking statements as a result of
new information, future events or other factors. The inclusion of
any statement in this Current Report does not constitute an admission by
the Company or any other person that the events or circumstances
described in such statement are material.

[ Back To Technology News's Homepage ]
|