This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Virco Announces New Board Member

TORRANCE, Calif., Feb. 18, 2011 (GLOBE NEWSWIRE) -- Virco Mfg. Corporation (Nasdaq:VIRC) announced the appointment of a new member of the Board of Directors in the following statement from Robert A. Virtue, President and CEO:

"I am pleased to announce that William (Bill) Beer, President and CEO of Wenger Corporation, has accepted our invitation to join Virco's Board of Directors. Bill's appointment is effective immediately, but as stockholders you'll have the opportunity to vote on his directorship as part of this year's proxy. 

"Our Company bylaws are specifically structured to allow for expansion of the Board from time to time as exceptional candidates become available to us. Bill Beer is one of those exceptional candidates." 

As President and CEO of Wenger Corporation, the most highly regarded supplier of furniture, fixtures and equipment (FF&E) for the performing arts, Bill is a recognized leader in our industry. Before joining Wenger, Bill had a long and successful career in the home appliance industry, serving 31 years with Maytag Corporation in various executive positions in sales, marketing, manufacturing, engineering, and finally as President of Maytag Appliances, which he guided to over $4.8 billion in sales. His proven expertise in manufacturing as well as the development of successful business models for vertical markets will be invaluable to us as we continue to invest in our own U.S. factories to support new FF&E products and services for educational markets in America and around the world.

The Virco Mfg. Corporation Logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=521

CONTACT: Robert A. Virtue, President
         Douglas A. Virtue, Executive Vice President
         Robert E. Dose, Chief Financial Officer
         Virco Mfg. Corporation
         (310) 533-0474

Virco Mfg. Corporation Logo

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,698.18 -77.94 -0.44%
S&P 500 2,059.69 -8.20 -0.40%
NASDAQ 4,880.2280 -20.6570 -0.42%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs