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President of Worldwide Automotive Business

November 30, -0001

Lydall has hired Joseph Wilsted as president of its worldwide automotive business. Mr. Wilsted comes to Lydall with more than 25 years of manufacturing and finance experience. He has a strong background in lean manufacturing and technology-driven solutions as well as extensive global experience having established and managed manufacturing operations in Europe and Asia.

Prior to joining Lydall, he was senior vice president finance and administration at FormTech Industries LLC, a provider of metal components to the automotive light vehicle, heavy truck and industrial markets. Before that, he had served as senior vice president and CFO and senior vice president of operations and corporate development of The Greenbrier Com­panies, Inc., a leading supplier of transportation equipment and services to the railroad industry.

Dale Barnhart, president and CEO of Lydall, commented, "Mr. Wil­sted brings a breadth of experience in strategic planning, lean manufacturing and international commerce. We look forward to his leading our automotive business in its next phase of growth, capitalizing on the synergies of our North American and European technologies and addressing the growth opportunities available in Asia."
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