Xerium Technologies Appoints New CFO

March 16, 2011 - Xerium Technologies announced the appointment of Clifford E. Pietrafitta to the position of chief financial officer, effective immediately. Brian Fox, who has served as the company’s CFO and chief accounting officer on an interim basis since August 13, 2010, has stepped down from those positions.

“We recruited Cliff for his extensive financial, operational, and strategic skills as we continue to drive innovation and position ourselves for the next stage of the company’s growth,” said Stephen R. Light, president, CEO and chairman. “I also offer my sincere gratitude to Brian for his hard work and dedication during such a critical time. He served our company very well and we owe him our thanks.”

From 1999 to 2010, Pietrafitta, 49, served as CFO of CSS Industries, Inc., a consumer products company that designs, markets, and manufactures boxed Christmas cards, gift wrap and other seasonal products for customers ranging from mass merchandisers and chain drug stores to supermarket chains and party stores.

Previously, Pietrafitta served CSS Industries as vice president – finance from 1995 to 1999, and as treasurer from 1991 to 1995.

Xerium Technologies, Inc. is a leading global manufacturer and supplier of two types of consumable products used primarily in the production of paper: clothing and roll covers.

SOURCE: Xerium Technologies