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Xerium Technologies Names David Maffucci CFO

May 29, 2009 - Xerium Technologies, Inc. said that David G. Maffucci has been named executive vice president and chief financial officer, effective June 8, 2009.

Since December 1, 2008, Maffucci has served on Xerium’s Board of Directors and as chairman of the company's Audit Committee.

Maffucci will remain a member of Xerium’s Board of Directors, but will step down from his positions on the company’s Audit and Nominating and Governance Committees, Xerium said.

Edward Paquette, who has been a director since July 2004 and is a current member of the Audit Committee, will serve as the committee's chairman.

From 2005 to 2006, Maffucci served as executive vice president of Bowater Inc., and president of Bowater’s Newsprint Division. Previously, from 2002 to 2005, he was executive vice president and CFO, and from 1995 to 2002, he was senior vice president and CFO of Bowater Inc.

Maffucci is a certified public accountant and also serves as a director of Martin Marietta Materials, Inc., a producer of construction aggregates.

About Xerium Technologies
Xerium Technologies is a leading global manufacturer and supplier of two types of consumable products used primarily in the production of paper: clothing and roll covers. The company, which operates around the world under a variety of brand names, utilizes a broad portfolio of patented and proprietary technologies to provide customers with tailored solutions and products integral to production, all designed to optimize performance and reduce operational costs. With 32 manufacturing facilities in 13 countries around the world, Xerium has approximately 3,400 employees.

SOURCE: Xerium Technologies, Inc.




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