Ferro Appoints Judy DeForest Chief Tax Officer
CLEVELAND- Nov. 29, 2007--Ferro Corporation (NYSE:FOE) has announced that Judy DeForest has joined the Company as Chief Tax Officer.
Ms. DeForest has senior management responsibility for Ferro's tax operations and planning and reports to Vice President & Chief Financial Officer Sallie Bailey. She is based at Ferro's worldwide headquarters in Cleveland.
Ms. DeForest was most recently with Pittsfield, Massachusetts-based specialty toy retailer KB Toys, Inc., where she was director of tax. In her six years at KB Toys, she was responsible for tax planning and strategy, as well as supervision of the company's transactional and income tax departments.
Previous to her corporate experience, Ms. DeForest spent 16 years in positions of increasing responsibility at three major public accounting firms. She was Tax Managing Director and Senior Tax Manager at KPMG in Atlanta before moving to KB Toys. In her roles at KPMG, she provided tax planning and compliance services for multi-national clients in the manufacturing, retail and distribution sectors.
Ms. DeForest received her Bachelor of Science degree in Business Administration, with an accounting concentration, from Western New England College.
About Ferro Corporation
Ferro Corporation (www.ferro.com) is a leading global supplier of technology-based performance materials for manufacturers. Ferro materials enhance the performance of products in a variety of end markets, including electronics, solar energy, telecommunications, pharmaceuticals, building and renovation, appliances, automotive, household furnishings, and industrial products. Headquartered in Cleveland, Ohio, the Company has approximately 6,700 employees globally and reported sales of $2.0 billion in 2006.
CONTACT: Ferro Corporation
Mary Abood, 216-875-6202
Director of Corporate Communications
aboodm@ferro.com
SOURCE: Ferro Corporation
