ONEIDA, N.Y., Aug. 30, 2002 -- (PRIMEZONE) Oneida Ltd. (NYSE:OCQ) today announced that Peter J. Marshall, Vice President and Chief Finance Officer of Dover Technologies International, Inc. of Binghamton, N.Y., has been elected to the company's Board of Directors.
Mr. Marshall was elected by the Board to a partial term that expires May 28, 2003. At that time he will be eligible for election to a full three-year term. Mr. Marshall's appointment brings the Board's total membership to 11. He will serve on the following Board committees: Audit; Management Development and Executive Compensation; and Pension and Profit Sharing Fund Investment.
Mr. Marshall has held his current position at Dover Technologies since 1998. The company builds automated assembly and testing equipment and specialized electronic components for the electronics industry. It is one of the primary business segments of Dover Corporation (NYSE:DOV) of New York, N.Y., a diversified manufacturing corporation that offers a broad range of specialized industrial products and manufacturing equipment and provides a range of related services. Prior to joining Dover, Mr. Marshall was with the accounting firm of Coopers & Lybrand (now PricewaterhouseCoopers), where he was admitted to partnership in 1986.
"With his strong background in finance, Mr. Marshall's specialized expertise and perspective will enhance our Board's operations," said Peter J. Kallet, Oneida Ltd. Chairman of the Board and Chief Executive Officer.
Oneida Ltd. is a leading manufacturer and marketer of flatware and dinnerware for both the consumer and foodservice industries worldwide. Oneida also is a leading marketer of a variety of crystal, glassware and metal serveware for those industries.