EnerSys Announces Retirement of Michael T. Philion as Executive VP of Finance and CFO

Rochester, NY 11/25/2009 08:30 PM GMT (TransWorldNews)

EnerSys (NYSE: ENS) has announced that Michael T. Philion, the company's Executive VP of Finance and Chief Financial Officer, has elected to retire from EnerSys on November 23, 2009.

The company's VP and Corporate Controller, Michael J. Schmidtlein, will serve as CFO on an interim basis while a search for a replacement is conducted. He first joined EnerSys in 1995 and has served as the Chief Accounting Officer since 2005. Mr. Schmidtlein graduated from the University of Missouri with a Bachelor of Science in accounting and is a CPA.

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EnerSys is a manufacturer, marketer and distributor of industrial batteries. The Company also manufactures markets and distributes related products, such as chargers, power equipment and battery accessories, and it provides related after-market and customer-support services for industrial batteries. Industrial batteries generally are characterized as reserve power batteries or motive power batteries.

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