Linwood, Pennsylvania- Stephen Markert Jr has been named by major US foamer Foamex International Inc. as its interim chief financial officer, in its run up to exiting Chapter 11 bankruptcy protection. Markert will report to Raymond Mabus Jr, chairman and chief executive officer of Foamex International.
Meanwhile, Foamex said, it has employed an executive search firm to aid in its search for a permanent chief financial officer, and will examine both internal and external candidates.
Mabus commented that, "Steve is a seasoned financial executive whose broad-based finance, accounting, administration, and strategic planning experience will be extremely beneficial as we prepare to emerge from bankruptcy protection."
Markert has more than 30 years of financial experience and moves to Foamex from Tatum llc, an executive services firm, where he is a partner. "