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July 19, 2013 /PRNewswire/ -- Exide Technologies (PINKSHEETS: XIDEQ,
www.exide.com) a global leader in stored electrical energy solutions, announced today that
R. Paul Hirt, Jr. has resigned as Executive Vice President and President—Exide Americas, effective no later than
August 31, 2013, to accept another opportunity. "Paul has been a valuable member of the Executive Leadership Team since he joined the Company in 2011, and has led the Americas division during a challenging period," said
James R. Bolch, Exide's President and Chief Executive Officer. "We appreciate Paul's contributions and wish him the best in his future endeavors."
Effective upon Mr. Hirt's resignation,
Bruce Cole, currently Executive Vice President—Asia Pacific, Business Development and Strategy, will assume additional responsibility for the Industrial and Recycling operations within the Exide Americas business unit. "Bruce is well prepared for this challenge, given his familiarity with the Industrial and Recycling operations over his 24 years with the Company," Mr. Bolch added.
The Transportation operations within the Americas business unit will now report to
Bob Caruso, Exide's Chief Restructuring Officer.
About Exide Technologies
Exide Technologies, with operations in more than 80 countries, is one of the world's largest producers and recyclers of lead-acid batteries. The Company's four global business groups -- Transportation Americas, Transportation Europe and Rest of World, Industrial Energy Americas and Industrial Energy Europe and Rest of World -- provide a comprehensive range of stored electrical energy products and services for industrial and transportation applications.
Transportation markets include original-equipment and aftermarket automotive, heavy-duty truck, agricultural and marine applications, and new technologies for hybrid vehicles and automotive applications. Industrial markets include network power applications such as telecommunications systems, electric utilities, railroads, photovoltaic (solar-power related) and uninterruptible power supply (UPS), and motive-power applications including lift trucks, mining and other commercial vehicles.