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A.T. CROSS COMPANY ANNOUNCES CFO TO RESIGN
Lincoln, RI – July 16, 2004 – A.T. Cross Company (AMEX: ATX) today announced that John T. Ruggieri, Senior Vice President, Treasurer, Chief Financial Officer, and President of the Pen Computing Group, has resigned, effective August 11, 2004, to pursue other career opportunities.
Mr. Ruggieri will be assuming the role of Executive Vice President and Chief Financial Officer at Emissive Energy Corporation, a privately owned manufacturer of high quality, LED lighting products, located in North Kingstown, Rhode Island.
Mr. Ruggieri joined the Company in 1980 as Internal Audit and Tax Manager. During his tenure at the Company, Mr. Ruggieri held several financial and operational positions, including that of CFO which he began in 1997.
Commenting on Mr. Ruggieri’s departure, David G. Whalen, President and Chief Executive Officer of A.T. Cross, said, “John has dedicated the majority of his career to A.T. Cross. We thank him for all his contributions and wish him the very best in his new endeavor. We are committed to a seamless transition and we will be commencing a search shortly for a new CFO."
About A.T. Cross Company
Building on the rich tradition of its award-winning writing instruments and reputation for innovation and craftsmanship, A.T. Cross Company is a designer and marketer of branded personal and business accessories. Cross provides a range of distinctive products that appeal to a growing market of consumers seeking to enhance their image and facilitate their lifestyle. Cross products, including award-winning quality writing instruments, timepieces, business accessories and Costa Del Mar sunglasses, are distributed in retail and corporate gift channels worldwide.
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