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8-K - IEC ELECTRONICS CORP | v198526_8k.htm |
EX-3.1 - IEC ELECTRONICS CORP | v198526_ex3-1.htm |
Exhibit
99.1
Newark,
NY – October 7, 2010 – IEC Electronics Corp. (NYSE Amex: IEC) has announced the
appointment of Jeffrey T. Schlarbaum as President, IEC Electronic and the
appointment of Donald S. Doody as Executive Vice President, effective October 1,
2010.
W. Barry
Gilbert, IEC Chairman and Chief Executive Officer commented, “2010 was an
excellent year for the Company with large increases in sales, earnings growth
and expanded market share. It is with great pleasure that I announce
the promotion of Jeff Schlarbaum and Don Doody to the position of President of
IEC Electronics and Executive Vice President of IEC Electronics, respectively.
These promotions are in recognition of their contributions to the success of our
Company and, perhaps more importantly, reflect our confidence in their abilities
to help drive IEC’s future growth.
“Jeff
came to IEC six years ago from Plexus Corp. as Vice President of Sales and
Marketing. Bringing his significant industry experience, Jeff
established a robust sales structure which has served us well over
time. In 2008 in acknowledgment of his contributions, he was promoted
to Executive Vice President of IEC Electronics and President of the contract
manufacturing business. Under his leadership, our contract
manufacturing business continued to grow, expanding into new sectors which have
proven to be most successful. In his new role, Jeff will
expand his area of responsibility to include the growth of all of IEC’s business
units.
“Don
joined the IEC team in 2004 as Vice President of Operations. Prior to
joining IEC, Don held a number of management positions at GE, MCMS and
Plexus. Don has a proven track record implementing lean training and
six sigma principles to drive manufacturing improvement. He applied
those skills at IEC, putting into place a manufacturing format that has enabled
the company to achieve some of the highest manufacturing margins in the contract
manufacturing industry. In 2008, Don was promoted to Sr. Vice
President of Operations, where he expanded our core platform to the companies we
have acquired. As a result of his leadership we have continued to
generate some of the highest returns in the industry. In his new role, Don will
be responsible for our Company’s continued operational improvement across IEC’s
operating units.”
Mr.
Gilbert concluded, “I congratulate Jeff and Don on these well deserved
promotions and look forward to our continued work together toward IEC’s ongoing
success.”
About
IEC Electronics
IEC
Electronics Corporation provides contract electronic manufacturing services to
advanced technology companies primarily in the military and aerospace, medical,
industrial and computing sectors. The Company’s ultra high
reliability capabilities include: design, prototype and volume
circuit board assembly, material procurement and control, manufacturing and test
engineering support, systems build, final packaging and
distribution. IEC Wire and Cable, Inc., a wholly owned
subsidiary, is a premier wire and cable harness manufacturer specializing in the
military, medical, industrial and transportation sectors. As a full
service EMS provider, IEC is AS9100, ISO-9001:2000, and ISO-13485 registered,
and an NSA approved supplier under the COMSEC standard. The Company
is headquartered and has a plant in Newark, New York and also has operations in
Rochester, New York, Victor, New York and Albuquerque, New
Mexico. Additional information about IEC can be found on its web site
at www.iec-electronics.com.
Contact:
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Heather
Keenan
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John
Nesbett/Jennifer Belodeau
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IEC
Electronics Corp.
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Institutional
Marketing Services
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(315)
332-4262
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(203)
972-9200
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hkeenan@iec-electronics.com
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jnesbett@institutionalms.com
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