Amcast Vice President Resigns
Francis J Drew, vice president of finance and chief financial officer, has advised Amcast that he will resign his position as of 5 November, 2004. Mr Drew has informed the company that he will make himself available on a consulting basis for as long as necessary to ensure a smooth transition.
When chairman Byron O. Pond joined Amcast in 2001, he enlisted Mr Drew’s assistance in managing the company and building the support of its lending group. Mr Pond has stated, “We appreciate the time and effort which Frank has dedicated to the company and his continued support to Amcast for much longer than his original commitment. I would like to personally thank him for his many contributions.”
On an interim basis, Mr Drew’s responsibilities will be assumed by Richard A Smith. Mr Smith is currently an Amcast director and a member of the company’s audit committee. Mr Smith has previously held a number of high level financial positions including executive vice president and chief financial officer for Lennox International as well as vice president of finance and chief financial office for Arvin Industries the company was known as ArvinMeritor.