Unifi, Inc.'s Board of Directors appointed Stephen Wener to the Board. Mr. Wener, who lives in Franklin Lakes, New Jersey, has served as the President and CEO of Dillon Yarn Corporation since 1980 and has been a driving force behind Dillon's success over the years. The Dillon polyester and nylon texturing operations were purchased by the Company on January 1, 2007.
Brian Parke, Unifi's Chairman and CEO said, “We are pleased that Steve has accepted the invitation to join our Board and lend his many years of experience in the industry to the Company's future strategies. The addition of Steve Wener, together with our recent appointments of Bill Sams and Tony Loo, will create a new level of energy and fresh perspectives to the Company. We will be able to tap Steve's vast industry knowledge, as we pursue our long- term strategies and strengthen our focus on increasing shareholder value.”
Mr. Wener was appointed to a term expiring at the Corporation's 2007 Annual Meeting of Shareholders, at which time it is expected that he will be nominated to stand for election by the shareholders of the Corporation for a one-year term. Mr. Wener was not named to any committee of the Board of Directors at this time.
