|[February 18, 2014]
General Cable Announces the Planned Retirement of Robert J. Siverd, General Counsel; Company Commences Search for Successor
HIGHLAND HEIGHTS, Ky. --(Business Wire)--
General Cable Corporation (NYSE: BGC) announced today that Robert
J. Siverd plans to retire from his role as Executive Vice President,
General Counsel and Secretary of the Company upon the successful
completion of an executive search.
John E. Welsh, III, Non-executive Chairman, said, "On behalf of the
Board of Directors and the General Cable management team, I want to
thank Bob for his many years of service to the Company. Bob has played
an integral role in the Company's growth, including taking us through
our original IPO, every acquisition the company accomplished over that
time and building a strong global organization. I am confident that our
team is well prepared to support the continued execution of our
strategic vision and I appreciate Bob's commitment to ensuring a smooth
transition. Few executives have the opportunity to make such a
substantial contribution as Bob has during his tenure with General
Cable. We sincerely wish him the best in his retirement."
"Bob has served as a valued member of the senior leadership team that
built General Cable fro a North American centric company with a few
product lines into a global leader. He enjoys the business and has been
my partner in its development. Bob's interests were not only functional
excellence but languages, culture, and economics," said Gregory B.
Kenny, President and Chief Executive Officer of General Cable. "Bob was
keenly interested in corporate governance and project management best
practices as well as building and nurturing our intellectual property.
All of these efforts helped solidify the strong market position and the
growth platform we experience today. We wish him all the best in
retirement and look forward to his continued contribution as a trusted
advisor to General Cable."
"I want to thank General Cable for the opportunity to serve as General
Counsel for the last twenty-two years. My time at General Cable has been
very rewarding, both professionally and personally, as I've had the
pleasure of working with some of the very best and brightest people in
our industry," commented Robert J. Siverd. "I'm excited about the future
and look forward to spending more time with my family and volunteering
with non-profit organizations and other social causes."
Mr. Siverd will continue as the General Counsel of the Company until a
successor is in place in order to facilitate an orderly transition of
his responsibilities. This transition is expected to be complete in the
second half of 2014 with Mr. Siverd available beyond that point on a
consultative or project specific basis.
General Cable (NYSE:BGC), a Fortune 500 Company, is a global leader in
the development, design, manufacture, marketing and distribution of
copper, aluminum and fiber optic wire and cable products for the energy,
industrial, and communications markets. For more information about
General Cable visit our website at www.generalcable.com.
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