Marine Mover: Teleflex CFO resigns

LIMERICK, Pa. – Marine industry supplier Teleflex Inc. (NYSE: TFX) is searching for a new chief financial officer to replace Harold L. Zuber, Jr., executive vice president and chief financial officer, who will resign from the company effective December 31 to pursue other interests, the manufacturer reported in a recent statement.

John J. Sickler, vice chairman of Teleflex, will assume the responsibilities of chief financial officer on an interim basis, according to the company. To facilitate the transition, Hal Zuber will continue with the company on a consultancy basis through the first quarter of 2004. Zuber has been the company’s chief financial officer since 1990.

“Hal has decided to leave Teleflex after a long and successful career. He has been a significant contributor and has helped to provide Teleflex with a solid financial foundation for future growth,” said Jeffrey P. Black, president and chief executive officer of Teleflex. “His decision to leave the company is a personal one and he has expressed complete confidence regarding the company’s financial controls and accounting practices.”

Black added that the company expects “a seamless transition” when Sickler assumes the responsibilities of the CFO in January. He has over 30 years of experience with Teleflex, as the company’s previous chief financial officer, as group president of the medical segment and as the leader of Teleflex’s business development group, according to Black.

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