|
FOAMEX NAMES DAVID A. LIEBERMAN TO BOARD OF DIRECTORS
LINWOOD, PA, October 29, 2004 –
Foamex International Inc. (NASDAQ: FMXI), the leading manufacturer of
flexible polyurethane and advanced polymer foam products in North America, announced today
that David A. Lieberman has been named to the Company's Board of Directors. Mr. Lieberman
will also serve on the Board's Audit Committee.
Raymond E. Mabus, Chairman of the Board, said, "I am extremely pleased to welcome
David to the Foamex Board. David has an impressive background in finance, business and
strategic planning and is a valuable addition to the Board as we continue to work to
strengthen the business and build value for shareholders."
Mr. Lieberman said, "I look forward to working with the Foamex Board and management
team to continue to build on the Company's solid operational base."
Mr. Lieberman, 68, is currently Senior Vice President for Business and Finance at the
University of Miami, where he is responsible for accounting and finance, information
technology, human resources, procurement, risk management and real estate functions.
Mr. Lieberman was the 1999 recipient of the distinguished business officer award from
the National Association of College & University Business Officers. Prior to joining
the University of Miami in 1978, Mr. Lieberman was an auditor and management consultant
at Arthur Andersen for 12 years. Mr. Lieberman received his bachelor's degree in
Business Administration from the University of North Carolina at Chapel Hill and was
a Certified Public Accountant for 35 years.
Mr. Lieberman currently serves as a director on the boards of Ivax Corporation and
Eastern National Bank.
About
Foamex International Inc. Foamex, headquartered in Linwood, PA, is the world's leading
producer of comfort cushioning for bedding, furniture, carpet cushion and automotive
markets. The Company also manufactures high-performance polymers for diverse
applications in the industrial, aerospace, defense, electronics and computer
industries. For more information visit the Foamex web site
at
http://www.foamex.com.
# #
# |