Maytag Corporation announced that two senior executives will leave the company, effective Jan. 31, 2005. William L. Beer, executive vice president and a 31-year veteran of Maytag, will conclude his career with the company to pursue personal and other professional opportunities. Thomas A. Briatico, executive vice president, will retire from Maytag after a 30-year career with the company.
Both executives were named to the post of executive vice president in June 2004 during Maytag's "One Company" restructuring initiative, which integrated Maytag Appliances, Hoover, and Maytag's corporate headquarters. Maytag said these positions are being eliminated from the new structure going forward.
"During our restructuring effort, both Bill and Tom took on key roles, assisting with special projects to ensure a smooth transition within the business," Ralph Hake, chairman and CEO, said. "Our restructuring is now complete, and both of these highly capable executives have decided to pursue the next phase of their lives. I am grateful for their efforts and wish them well in their endeavors."
Mr. Beer joined Maytag in 1974 as a market analyst and served in a number of marketing roles in Major Appliances. He was named director of Corporate Strategy in 1991 and then in 1993 vice president, marketing for Maytag and Admiral Products. Beginning in 1996, Mr. Beer served as vice president, Strategic Marketing, responsible for all of the corporation's Major Appliance brands. He was named senior vice president, product supply in 1997 and then took on the role of president of Maytag Appliances in 1998.
Mr. Briatico began his career in 1974 with the Magic Chef Corporation in the Admiral Appliance Divisions, where he worked in many financial roles. He served as vice president of Finance before being named vice president of Manufacturing at Maytag's Cleveland Cooking Products in 1988. Mr. Briatico was named vice president and general manager at Cleveland in 1995 and then president of Dixie-Narco Vending Systems in 2001. In 2003, he was named president of Hoover.
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