Russell Corporation Announces Retirement of Barea
14 April 2006 - 7:00AM
PR Newswire (US)
ATLANTA, April 13 /PRNewswire-FirstCall/ -- Russell Corporation
(NYSE:RML) announced today that Julio A. Barea, 58, senior vice
president and president/chief executive officer of the Activewear
division, will retire effective May 15, 2006. According to Jack
Ward, chairman and CEO of Russell Corporation, "When Julio first
joined us in 2003, he indicated that he wanted to work for about
three years and then move on to other things in his life. We
understood that when he came to Russell and appreciate the
contributions he has made to the Company." (Logo:
http://www.newscom.com/cgi-bin/prnh/20030630/RMLCORPLOGO) The
announcement included a new organizational structure that will
create increased emphasis on the market and sales areas within
Activewear, providing more effective response to market
opportunities and more efficient utilization of resources. Tony
Iannuzzi, who has been in Russell's artwear business for 17 years,
has been promoted to general manager of Artwear/Careerwear and Al
Lopez, who joined Activewear as vice president of Activewear's mass
retail channel in 2004, has been promoted to general manager for
the mass retail business to include the JERZEES brand, Mossy Oak
and Activewear's operations in Mexico. Both Iannuzzi and Lopez will
report directly to Ward. Additionally, Dean Riggs will be rejoining
Russell on April 18 as corporate vice president of operations,
reporting to Ward. Riggs originally joined Russell in 1998 as vice
president of operations for Activewear and was named corporate vice
president of operations in 2001. He later joined Springs industries
as executive vice president of operations and was with them until
the end of 2005. About Russell Corporation Russell Corporation is a
leading branded athletic and sporting goods company marketing
athletic apparel, uniforms, footwear and equipment for a wide
variety of sports, outdoor and fitness activities. The Company's
major brands include Russell Athletic(R), JERZEES(R), Spalding(R),
Brooks(R), Huffy Sports(R), Bike(R), Moving Comfort(R), AAI(R) and
Mossy Oak(R). The Company's common stock is listed on the New York
Stock Exchange under the symbol RML and its web site address is
http://www.russellcorp.com/.
http://www.newscom.com/cgi-bin/prnh/20030630/RMLCORPLOGO
http://photoarchive.ap.org/ DATASOURCE: Russell Corporation
CONTACT: Financial, Roger Holliday, +1-678-742-8181, or Media,
Nancy Young, +1-678-742-8118, both of Russell Corporation Web site:
http://www.russellcorp.com/
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