Cooper Industries Names Jeffrey B. Levos Vice President and Controller
24 February 2000
Cooper Industries Names Jeffrey B. Levos Vice President and ControllerHOUSTON, Feb. 24 /-- Jeffrey B. Levos, 39, has been named vice president and controller of Cooper Industries, Inc. . In this position, Levos will assume responsibility for all financial reporting and accounting functions. Levos replaces Terry A. Klebe, who was promoted to the position of senior vice president, Strategic Sourcing, in November 1999. "Jeff's credentials are impressive, and we are very pleased to have him join Cooper," said D. Bradley McWilliams, senior vice president and chief financial officer, Cooper Industries. "His experience in a broad array of financial activities will be an asset to Cooper as we continue to enhance our profitability and grow our strong business base." Levos most recently served as vice president and controller, the chief accounting officer of The Coastal Corporation, a Houston-based energy company with consolidated assets of more than $14 billion. Prior to being named to that position, Levos was vice president and general auditor at Coastal. In these positions, Levos was responsible for all aspects of financial reporting, supervision of division controllers and oversight of internal audit. Prior to joining Coastal in 1994, Levos was employed by Deloitte and Touche, LLP as an audit senior manager, with extensive audit and related financial services experience in the manufacturing and energy industries. Levos earned a Bachelor of Science degree in accounting from Westminster College in Salt Lake City, Utah. He is a member of the American Institute of Certified Public Accountants, the Texas Society of Certified Public Accountants and the Financial Executives Institute. Cooper Industries, with 1999 revenues of $3.9 billion, is a worldwide manufacturer of electrical products, tools and hardware. Additional information about Cooper is available on the company's Internet site: http://www.cooperindustries.com. CONTACT: John Breed of Cooper Industries, Inc., 713-209-8835.