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Published on 1/8/2014 in the Prospect News Distressed Debt Daily.

3W Power board of directors appoints CFO, CRO Jeffrey Casper to board

By Caroline Salls

Pittsburgh, Jan. 8 - The board of directors of 3W Power SA appointed Jeffrey Casper to the board, effective Jan. 7, according to a news release.

The company said Casper was appointed to fill the vacancy of Bruce Brock until the next general meeting of shareholders.

As previously reported, Casper serves as chief financial officer and was recently appointed chief restructuring officer of the company.

In a separate release, 3W said both Brock and Robert Huljak decided to step down from the board to return to their retirement, effective immediately.

Before their Jan. 7 retirements, the company said Brock and Huljak had several senior positions within AEG Power Solutions. 3W is the holding company for AEG.

At AEG's request, Brock and Huljak took board positions to lead the company through challenging times.

3W is the holding company for AEG Power Solutions, a Zwanenburg, the Netherlands-based global provider of power electronics systems and solutions for industrial power supplies and renewable energy applications.


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