China Architectural Engineering Strengthens Senior Management Team
05 Março 2008 - 11:00AM
Business Wire
China Architectural Engineering, Inc. (CAE) (AMEX:RCH), a leader in
the design, engineering, fabrication and installation of high-end
curtain wall systems, today reported that it has appointed two new
members to its senior management team. They are Xinyue Jasmine
Geffner, CFA, named CAE�s Chief Financial Officer, and John
Anderson, who assumes the new post of President for CAE�s U.S.
subsidiary CAE Building Systems, Inc. Ms. Geffner replaces Wang
Xin, who has assumed the position of Financial Controller for the
China region within the Company, and comes to CAE from HSBC, one of
the largest banking and financial services organizations in the
world, where she headed the China Desk in the Americas region. Ms.
Geffner has extensive investment and commercial banking experience
covering a variety of sectors and has advised companies in Mainland
China and the Americas region on M&A, raising capital, and
other financing activities. She has worked with many large and
small companies from both China and the Americas region to develop
cross-border businesses in and out of China. She is frequently
invited to speak on a variety of China issues at conferences and
events sponsored by the U.S. Department of Commerce, International
Financial Services Association (IFSA), Bankers� Association for
Finance & Trade (BAFT), Invest Hong Kong, China Institute and
other organizations in Argentina, Brazil, Chile, Peru and the U.S.
Her interviews on China-Americas business topics have appeared in
leading newspapers and magazines in those countries. She joined the
Board of the Hong Kong Association of New York in 2007. Prior to
HSBC, Ms. Geffner also held positions at Dresdner Kleinwort
Wasserstein and Calyon. She graduated Summa Cum Laude with a BBA
from Baruch College and received an MBA from New York University�s
Stern School of Business. She also holds a CFA charter. A native of
Mainland China, she is fluent in both Mandarin and Cantonese
Chinese. Mr. Anderson comes to CAE with wide-ranging experience in
management at the project and corporate level. He was most recently
a senior consultant with Israel Berger & Associates,
specializing in building envelope evaluation. Earlier, from 1996 to
2003, he served as Vice President for Operations and later
President/COO at Glassalum International Corp. of Miami, where he
was responsible for coordination of engineering, manufacturing and
project management activities. During his tenure the company�s
revenues grew from $30 million to $124 million. He has also held
senior management posts at Midwest Curtainwalls Inc., Builders
Federal (HK) Ltd. and Ampat Group Inc., as well as founding his own
company, Building Research Inc. (later incorporated into Midwest
Curtainwalls). Mr. Anderson�s project management record includes
work on nearly 70 major U.S. construction projects in New York
City, Washington D.C., Chicago, Cleveland, Denver, Miami, Fort
Lauderdale, Los Angeles, San Jose, New Orleans and other U.S.
cities, as well as in Hong Kong, London, Madrid and Barcelona. Ken
Yi Luo, China Architectural Engineering�s Chairman and CEO,
commented, �With the appointment of Ms. Geffner and Mr. Anderson,
CAE takes a big step forward in the execution of its global growth
strategy. Both of these executives have strong ties to the North
American market that CAE has targeted as part of its worldwide
growth strategy. Ms. Geffner has significant knowledge of global
capital markets and extensive financial sector experience, while
Mr. Anderson has a track record of project-management and
operational expertise going back decades in the U.S. I am very
pleased to welcome both to CAE, and I expect to expand our market
reach significantly through their expertise.� To be added to China
Architectural Engineering�s investor lists, please contact Haris
Tajyar at htajyar@irintl.com or at 818-382-9702. About China
Architectural Engineering China Architectural Engineering, Inc.
(AMEX:RCH - News), which began operations in 1992, specializes in
the design, engineering and installation of high-end specialty
curtain wall systems, including glass curtain walls, stone curtain
walls, metal curtain walls, roofing systems, and related products,
for public works projects and commercial real estate. CAE has
designed and installed nearly one hundred projects throughout
China, including the National Grand Theater, Exhibition
Conservatory of Beijing Botanical Garden, The COSCO Tower at
Changlian Avenue Beijing, and the Wumen Exhibition Hall in
Beijing�s Forbidden City, and a number of commercial structures in
Southeast Asia. For further information on China Architectural
Engineering please visit www.caebuilding.com. Forward Looking
Statements: In addition to historical information, the statements
set forth above include forward-looking statements that may involve
risk and uncertainties that could cause actual results to differ
materially from those in the forward-looking statements. Such risks
and uncertainties include, but are not limited to, the Company�s
dependence on government contracts, changes in the laws of the PRC
that affect the Company�s operations, fluctuation and
unpredictability of costs related to the Company�s products and
services,�the Company�s dependence on the steel and aluminum
markets, reduction or reversal of the Company�s recorded revenue or
profits due to �percentage of completion" method of accounting and
expenses and costs associated with the issuance of convertible
bonds. The forward-looking statements are also identified through
use of the words �believe,� �enable,� �may,� �will,� �could,�
�intends,� �estimate,� �anticipate,� �plan,� �predict,� �probable,�
�potential,� �possible,� �should,� �continue,� and other words of
similar meaning. Actual results could differ materially from the
expectations contained in forward-looking statements as a result of
several factors, including regulatory approval requirements and
competitive conditions. These and other factors that may result in
differences are discussed in greater detail in the Company�s
reports and other filings with the Securities and Exchange
Commission.
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