Ferro Corp. recently announced that it has elected Perry W. Premdas to its board of directors. Subject to formal confirmation of his “independence” under the board’s independence guidelines, the board also appointed Premdas to serve on its audit and finance committees. The election increases the number of members of Ferro’s board to 10. In addition, Alberto Weisser, a member of Ferro’s board of directors since 2000, has informed the company that he will retire from the board, due to the time demands of other business obligations, when his current term expires at the company’s 2007 annual meeting.
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