Viasystems Group, Inc. Announces New CFO
ST. LOUIS--Sept. 7, 2001--Viasystems Group, Inc. today announced that Joseph S. Catanzaro has been named Senior Vice President and Chief Financial Officer, effective immediately. Catanzaro replaces James G. Powers, who has accepted a similar position with another company.Catanzaro has held senior positions with Viasystems since October 1998, and most recently served as Senior Vice President of Finance and Chief Accounting Officer. Prior to joining Viasystems, Catanzaro was Vice President of Finance for Berg Electronics from April 1993 to October 1998.
"Viasystems is fortunate to have a deep and talented management team," said David M. Sindelar, chief executive officer. "Joe Catanzaro is a highly capable financial executive, and his assumption of these new duties will be seamless. We appreciate Jim's contributions to Viasystems and wish him well in his new endeavors."
This press release contains forward-looking statements as defined by the federal securities laws, and these statements are based upon Viasystems' current expectations and assumptions, which are inherently subject to various risks and uncertainties that could cause actual results to differ from those anticipated, projected, or implied. Certain factors that could cause actual results to differ include fluctuations in operating results and customer orders, a competitive environment, reliance on large customers, risks associated with international operations, ability to protect patents and trade secrets, environmental laws and regulations, relationship with unionized employees, risks associated with acquisitions, substantial indebtedness, control by large stockholders and other factors described in Viasystems' filings with the Securities and Exchange Commission.
Viasystems Group, Inc. is a leading global EMS provider with 22,000 employees and 34 manufacturing facilities in 10 countries, supplying customers in the telecommunications, networking, automotive and consumer electronics industries. Viasystems is listed on the New York Stock Exchange, trading under the symbol "VG."
www.viasystems.com