Exhibit
99.1
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FOR
IMMEDIATE RELEASE
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Contact:
Leigh J. Abrams, CEO
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Phone: (914)
428-9098 Fax:
(914) 428-4581
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E
Mail: Drew@drewindustries.com
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Drew
Industries Announces Promotions to President,
Chief
Financial Officer and Corporate Controller
White
Plains, New York - May 29, 2008 - Drew Industries (NYSE: DW) announced today
that, in accordance with its executive succession plan, Leigh J. Abrams,
President and Chief Executive Officer of Drew since 1979, will continue as
CEO
and a Director of Drew while Fredric M. Zinn will succeed to the office of
President. In addition to his promotion to President, Zinn was also elected
as a
member of the Board of Directors. Zinn has been Drew’s Chief Financial Officer
since 1986, and Executive Vice President since 2001.
Zinn’s
appointments to President and Director were announced today following the
Company’s annual meeting of its Board of Directors. Drew also announced the
promotion of Joseph S. Giordano III, formerly Corporate Controller and
Treasurer, to the position of Chief Financial Officer and Treasurer, and the
promotion of Christopher L. Smith, formerly Assistant Controller, to the
position of Corporate Controller.
About
Drew
Drew,
through its wholly owned subsidiaries, Kinro and Lippert Components, supplies
a
broad array of components for RVs and manufactured homes, including windows,
doors, chassis, chassis parts, bath and shower units, and axles. In addition,
Drew manufactures slide-out mechanisms for RVs, and trailers primarily for
hauling boats. Currently, from 31 factories located throughout the United
States, Drew serves most major national manufacturers of RVs and manufactured
homes in an efficient and cost-effective manner. Additional information about
Drew and its products can be found at www.drewindustries.com.
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