Ceramic Industry News

Oneida Elects New Board of Directors (11/21/06)

November 21, 2006
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Oneida recently announced the election of a new seven-member board of directors. Over the past two years, the company's previous board presided over a comprehensive operational restructuring and refinancing, which included a successful pre-negotiated Chapter 11 proceeding. The new Oneida board of directors consists of Diane Price Baker, former executive vice president and chief financial officer of Atari, Inc.; Andrew Herenstein, managing principal of Quadrangle Group LLC and a managing member of Quadrangle Debt Recovery Advisors LLC; Norman S. Matthews, a former president of Federated Department Stores; Edward W. Rabin, retired president of Hyatt Hotels Corp.; Hugh R. Rovit, a member of Oneida Ltd.'s board of directors since October 2004 and chief executive officer of Sure-Fit, Inc.; Thomas J. Russo, a partner in RAVE; and Eric S. Salus, a past president of Macy's and Macy's Home Store. The new board of directors for Oneida Ltd. became effective on November 1, 2006.

Oneida's website is located at www.oneida.com.

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