ITASCA, Ill.--(BUSINESS WIRE)-- Knowles Electronics Holdings, Inc.--Knowles Electronics announced today that its Chairman Reg G. Garratt has retired from Knowles and also resigned as the company's Chairman effective December 31, 2002. "After successfully guiding the business through the sale to Doughty Hansen and Co. and with confidence in the direction and management of the company I have decided the to pursue other business endeavors," said Garratt.
"Reg Garratt served as an outstanding leader of Knowles over the past years," said John Zei, President and CEO of the company. "We appreciate that Reg has agreed to provide any needed support in the future," Zei said.
Knowles Electronics is the world's leading manufacturer of transducers and related components used in hearing aids. The company also manufactures acoustic components used in voice recognition, telephony, and Internet applications, infrared control systems as well as automotive solenoids. In 1999, the European fund management company Doughty Hanson & Co, Ltd. acquired Knowles.
CONTACT:
Knowles Electronics Holdings, Inc.
John Zei, 630/250-5101
SOURCE: Knowles Electronics Holdings, Inc.
Knowles Electronics Announces Retirement of Chairman
Share:
