Quanex Building Products Corporation Elected LeRoy D. Nosbaum to Its Board of Directors
HOUSTON, Apr 27, 2010 (GlobeNewswire via COMTEX) --Quanex Building Products Corporation (NYSE:NX) today announced that it elected LeRoy D. Nosbaum to serve on its Board of Directors, effective May 1, 2010.
Mr. Nosbaum, 63, retired in 2009 as chief executive officer of Itron, Inc. (Nasdaq:ITRI), a Washington-based $1.9 billion sales, 8,700-employee electronic instrument and wireless software manufacturer servicing electric, gas and water utilities. Prior to that, Mr. Nosbaum spent seven years with California-based Metricom, Inc. and 20 years with Texas-based Schlumberger Limited.
"Quanex Building Products will benefit from Mr. Nosbaum's successful background in strategic business development as well as from his diverse operating disciplines in the manufacturing environment. We look forward to his contributions to our company and shareholders," said David Petratis, chairman and chief executive officer of Quanex Building Products.
"Mr. Nosbaum comes to us with extensive board experience, both as the past chairman of Itron and from his ongoing experience as a board member of Esterline Technologies Corp. (NYSE:ESL), where he currently serves on both its Nominating and Corporate Governance and its Strategy and Technology Committees," commented Quanex Building Products' Lead Director Joseph Rupp. "The combination of his tenured board experience and successful track record of profitably growing companies will make Mr. Nosbaum a valuable addition to the company's board of directors."
Mr. Nosbaum graduated with a B.S. in Electrical Engineering from Valparaiso University in Indiana.
Corporate Profile
Quanex Building Products Corporation is an industry-leading manufacturer of value-added, engineered materials and components serving the building products markets. It is an ROIC-driven company that grows shareholder returns through a combination of organic growth via new products and programs and strategic acquisitions.
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For general information about Quanex, visit our website at www.quanex.com.
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SOURCE: Quanex Building Products Corporation
CONTACT: Quanex Building Products Corporation
Financial Contact:
Jeff Galow
713-877-5327
Media Contact:
Valerie Calvert
713-877-5305