CLEVELAND, June 5 /PRNewswire-FirstCall/ -- Hawk Corporation (Amex: HWK)announced today that Richard T. Marabito was elected to its the board ofdirectors at the Company's annual meeting of shareholders on June 4, 2008.Additionally, Marabito was elected to the position of chairman of the AuditCommittee by the Company's board of directors.
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Ronald E. Weinberg, Chairman of the Board and CEO of Hawk Corporationsaid, 'We are particularly pleased to have Rick Marabito join our board ofdirectors. His background in accounting and his experience as the chieffinancial officer of a significant public company brings important experienceto our board. We know that his involvement and guidance will complement thework of our board as we continue to build a great company.'
Marabito, age 45, serves as chief financial officer for Olympic Steel,Inc. a publicly traded steel company which operates steel service centersacross the United States. He is a Certified Public Accountant in Ohio and a1985 graduate of Mount Union College. He currently serves on the MetalsService Center Institute's Board of Directors and is the chair of itsFoundation for Education & Research committee. Marabito also serves on theboard of the Make-A-Wish Foundation of Northeast Ohio.
The Company
Hawk Corporation is a leading supplier of friction materials for brakes,clutches and transmissions used in airplanes, trucks, construction and miningequipment, farm equipment, recreational and performance automotive vehicles.Headquartered in Cleveland, Ohio, Hawk has approximately 1,100 employees at 11manufacturing, research, sales and administrative sites in 7 countries.
Hawk Corporation is online at: www.hawkcorp.com
SOURCE Hawk Corporation