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Drew Industries names new president, CFO

April
14

Drew Industries Inc.’s Chief Executive Officer Leigh J. Abrams will relinquish his role as president next month, the company said today.

Chief Financial Officer Fred M. Zinn will assume the role of president May 28, in keeping with the company’s management-succesion plan. Zinn, 57, has served as CFO since 1986 and as executive vice president since 2001.

The supplier of components to the recreational-vehicle and manufactured-homes industries also said it expects its board to promote Corporate Controller and Treasurer Joseph S. Giordano III, 39, to CFO at the company’s annual meeting May 28. Giordano would resign his controller’s title but remain treasurer, Drew Industries said.

Assistant Controller Christopher L. Smith will succeed Giordano as corporate controller, the White Plains-based company said.

The company’s stock, traded on the New York Stock Exchange, was higher in midday trading, up 34 cents to $26.45 a share.

This entry was posted on Monday, April 14th, 2008 at 11:54 am by David Schepp.
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Business in the Burbs is our online news blog about businesses based or operating in the Lower Hudson Valley. Visitors here will also find items of interest to consumers in the region. Most contributions are from business reporters and editors covering Westchester, Rockland and Putnam counties.

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