SOURCE: Channell Commercial Corporation

September 08, 2006 16:05 ET

Channell Appoints New CFO

TEMECULA, CA -- (MARKET WIRE) -- September 8, 2006 -- Channell Commercial Corporation (NASDAQ: CHNL), a designer and manufacturer of telecommunications equipment supplied to operators of communications networks worldwide and water storage tanks distributed in markets throughout Australia, today announced that Patrick E. McCready has been appointed Chief Financial Officer succeeding Jim Duvall who was serving as interim Chief Financial Officer. Starting on September 11, 2006, Mr. McCready will oversee all finance, accounting and information technology functions for the Company's various global reporting segments.

"We are very excited to welcome Patrick to Channell Commercial Corp.," commented William Channell Jr, the Company's President and CEO. "With his financial knowledge, experience and business acumen, Patrick will be a key asset as the company seeks to expand both its domestic and international operations."

McCready joins Channell Commercial Corp. from Technitrol where he spent 15 years in the finance organization of its largest operating segment Pulse Engineering, Inc., a manufacturer of magnetic components, and last served as Vice President of Finance. During his 11 year tenure as Vice President of Finance for Pulse Engineering, Inc., he was responsible for financial reporting and planning, cost accounting and compliance while supervising an extensive worldwide finance staff. Mr. McCready began his professional career with Deloitte & Touche, LLP. Mr. McCready, 48, has a Bachelors of Business Administration from the University of Notre Dame and is a CPA.

About Channell

Channell Commercial Corporation is a designer and manufacturer of telecommunications equipment supplied to communications network operators worldwide and water storage tanks distributed in markets throughout Australia. Major product lines include a complete line of thermoplastic and metal fabricated enclosures, advanced copper termination and connectorization products, fiber-optic cable management systems and polyethylene water storage tanks. Channell's headquarters and U.S. manufacturing facilities are in Temecula, California. International operations include facilities in Toronto (Canada), London (U.K.) and various locations throughout Australia. Channell's website is www.channellcomm.com

Contact Information

  • CONTACT:
    At the Company:
    Michael Perica
    Treasurer
    951-719-2600
    Email Contact

    Channell Commercial Corporation
    26040 Ynez Road
    Temecula, CA 92591
    Telephone: 951.719.2600