John Schauer Joins Xerium as Top Leader for Nonwovens Market

December 2, 2015 | By Business Wire News

YOUNGSVILLE, N.C.

Xerium Technologies, Inc. (NYSE:XRM) — Xerium announced today the hiring of Mr. John Schauer to the position of Product Manager – Nonwovens Market. Mr. Schauer comes to Xerium with 30 years of management and technical leadership experience and most recently held the role of North America Nonwoven Manager for a one of Xerium’s chief competitors in this market.

Mr. Schauer will be responsible for leading Xerium’s North America Nonwovens business plan as well as coordinating Xerium’s global efforts. John will also support our active engagement with The Nonwovens Institute at North Carolina State University.

David Pretty, Xerium President of North America and Europe, said, “The nonwoven market is an important part of Xerium’s strategic plan. Xerium is a leading global supplier of technically advanced belts, fabrics, aprons, and roll cover technology in this market. Our newest Huycon belts have proven successful on some of the world’s most demanding nonwoven lines. As a result, our Gloggnitz, Austria facility was recently expanded to keep pace with the increased demand in the Americas, Europe, and Asia. John Schauer’s seasoned leadership is a significant step forward for Xerium to further advance in this growing market.”

John Schauer said, “I am excited to join Xerium and am thankful to be leading the value creation platform for North America. I look forward to creating value for Xerium and its customers. Xerium is well positioned to achieve its strategic objectives.”

About Xerium

Xerium Technologies, Inc. (NYSE:XRM) is a leading global provider of industrial consumable products and services. Xerium, which operates around the world under a variety of brand names, utilizes a broad portfolio of patented and proprietary technologies to provide customers with tailored solutions and products integral to production, all designed to optimize performance and reduce operational costs. With 27 manufacturing facilities in 13 countries around the world, Xerium has approximately 3,000 employees.

Forward-looking Statements

This press release contains forward-looking statements. The words “believe,” “estimate,” “expect,” “intend,” “anticipate,” “goals,” variations of such words, and similar expressions identify forward-looking statements, but their absence does not mean that the statement is not forward-looking. Actual results may differ materially from these forward-looking statements and estimates as a result of various important factors, including, without limitation, the factors discussed in our annual report on Form 10-K for the fiscal year ended December 31, 2014, which is on file with the SEC and is available in the investor relations section of our website at www.xerium.com. Any forward-looking statements are as of the date hereof, and we assume no obligation to publicly update or revise these forward-looking statements for any reason, whether as a result of new information, future events, or otherwise, except as may be required by law.