General Cable Announces Board of Directors Appointment
HIGHLAND HEIGHTS, Ky. -- July 29, 2014
General Cable Corporation (NYSE: BGC), announced today that its Board of
Directors appointed Mr. Ned Hall to serve as an independent director of the
Company until he stands for election at the 2015 Annual Meeting of
Stockholders and until his successor is duly appointed and qualified. Mr. Hall
will serve on the Board’s Nominating and Governance Committee. The appointment
of Mr. Hall fills the vacancy created by Mr. Robert L. Smialek’s retirement
and reinstates the Board’s size to seven members.
Mr. Hall is Executive Vice President – Chief Operating Officer of Atlantic
Power Corporation, a publicly traded power generation and infrastructure
company (NYSE: AT) (TSX: ATP), and he has served in that position since April
2, 2013. Prior to joining Atlantic Power, Mr. Hall spent more than 24 years
working in the energy sector at AES Corporation, a publicly traded global
electricity generation, transmission and distribution company (NYSE: AES).
While at AES Corporation, Mr. Hall held various positions including Managing
Director, Global Business Development from 2003 to 2005; President, Wind
Generation from 2005 to 2008; President, North America from 2008 to 2011; and
Chief Operating Officer, Global Generation from 2011 to 2013. Mr. Hall served
as Chairman of the Board of American Wind Energy Association (“AWEA”) from
2010 to 2011, as a Member of the AWEA Board from 2005 to 2013, and currently
serves as an advisor to AWEA’s Bylaws Task Force.
“We are very pleased to have Ned join the General Cable Board of Directors,”
said Jack Welsh, Non-Executive Chairman of General Cable. “Ned brings to our
Board a deep understanding of the global energy sector, as well as a record of
achievement in operations that will complement our Board and benefit both the
stockholders and management of General Cable."
“I look forward to having the benefit of Ned’s expertise given his over
twenty-five years of experience in power generation, transmission and
distribution companies,” said Gregory B. Kenny, President and Chief Executive
Officer of General Cable. “Ned has managed complex organizations as well as
served on energy related Boards located in South America, Asia, Europe and
North America. He knows firsthand the challenges and opportunities presented
in the energy transmission and distribution sector, our largest single end
market. Ned is also very familiar with all generation alternatives including
fossil, hydro, wind, solar and biomass. Ned began his career as a mechanical
engineer for New England Electric. He also spent four years in Hong Kong
focused on Chinese development projects on behalf of AES.”
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,
construction, specialty and communications markets. For more information about
General Cable visit our website at www.generalcable.com.
Atlantic Power Corporation (NYSE: AT) (TSX: ATP) owns and operates a diverse
fleet of power generation assets in the United States and Canada. Atlantic
Power's power generation projects sell electricity to utilities and other
large commercial customers largely under long-term power purchase agreements,
which seek to minimize exposure to changes in commodity prices. Its power
generation projects in operation have an aggregate gross electric generation
capacity of approximately 2,945 MW in which its aggregate ownership interest
is approximately 2,024 MW. Its current portfolio consists of interests in
twenty-eight operational power generation projects across eleven states in the
United States and two provinces in Canada. Visit Atlantic Power Corporation’s
website at www.atlanticpower.com.
General Cable Corporation
Len Texter, Vice President, Investor Relations, 859-572-8684
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