Fri, 28 Apr 2006 13:05:00 PDT
MANCHESTER, CT -- (MARKET WIRE) -- 04/28/2006 -- Lydall, Inc. (NYSE: LDL) At their annual meeting on April 27, 2006, Lydall stockholders elected eight Directors to serve for one-year terms until the Company's annual meeting in 2007.
The slate of eight Directors included one new Board member, William D. Gurley, retired President and Chief Executive Officer of Stanadyne Corporation. During Gurley's 21-year career with Stanadyne, he held numerous management positions, including Executive Vice President of Marketing, Engineering and Operations. Mr. Gurley was elected as a Director of Stanadyne Corporation in 1989. He retired from Stanadyne in 2006. Prior to joining Stanadyne, Mr. Gurley was with Garrett Corporation's Automotive Products Division (now owned by Honeywell) and the Packard Electric Division of General Motors Corporation (now a division of Delphi). Mr. Gurley was appointed Director-Elect to the Lydall Board of Directors on October 20, 2005. He is also a member of the New England Advisory Council of the Federal Reserve Bank of Boston.
Directors Lee A. Asseo, Kathleen Burdett, W. Leslie Duffy, Matthew T. Farrell, David Freeman, Suzanne Hammett, and S. Carl Soderstrom, Jr. were also elected to serve for the 2006 to 2007 term. In addition, stockholders approved the ratification of the appointment of PricewaterhouseCoopers LLP as independent auditors for fiscal year 2006.
Lydall, Inc. is a New York Stock Exchange listed company, headquartered in Manchester, Connecticut. The Company, with operations in the U.S., France, and Germany and sales offices in the U.S., Europe, and Asia, focuses on specialty engineering products for the thermal/acoustical and filtration/separation markets.
For further information: Thomas P. Smith VP, CFO and Treasurer 860-646-1233 www.lydall.com Email Contact
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