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AVX Names John Gilbertson New CEO

January 4, 2001

MYRTLE BEACH, S.C. (AP) _ Electronic component maker AVX Corp. has named John S. Gilbertson the company’s new chief executive officer.

Gilbertson, currently president and chief operating officer, joined the company in 1981. He will replace Benedict P. Rosen, who will remain AVX’s chairman.

Gilbertson will assume his new post at the company’s board meeting on July 25, the company said Thursday.

Shares of AVX were up $1.06 to close at $18.31 on the New York Stock Exchange.

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