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exide technologies (EUJ1) Snapshot

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09/20/13 - €0.49
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exide technologies (EUJ1) Details

Exide Technologies manufactures and supplies lead-acid batteries for transportation and industrial applications worldwide. The company operates in four segments: Transportation Americas, Transportation Europe and Rest of World (ROW), Industrial Energy Americas, and Industrial Energy Europe and ROW. It offers transportation batteries, such as starting, lighting, and ignition batteries for cars, trucks, off-road vehicles, agricultural and construction vehicles, motorcycles, recreational vehicles, marine, micro-hybrids, and other applications under the Exide, Exide Extreme, Exide NASCAR Select, Centra, DETA, Orbital, Fulmen, and Tudor brands, as well as under private labels. It also provides industrial batteries comprising motive power batteries, which are used in material handling industry for electric forklift trucks, floor cleaning machinery, powered wheelchairs, railroad locomotives, mining, and the electric road vehicles markets; and battery chargers and related equipment for the operation and maintenance of battery-powered vehicles. In addition, the company offers network power batteries that are used for back-up power use in telecommunications systems, computer installations, hospitals, air traffic control systems, security systems, utilities, and railway and military applications under the Absolyte and Sonnenschein brands; and recycles lead-acid batteries. Exide Technologies sells its transportation batteries primarily through mass merchandisers, auto parts outlets, wholesale distributors, battery specialists, and dealer networks; and industrial batteries to OEM suppliers of lift trucks, industrial and warehousing companies, retail distributors, and manufacturers. The company was founded in 1888 and is headquartered in Milton, Georgia. On June 10, 2013, Exide Technologies filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware.

9,628 Employees
Last Reported Date: 06/17/13
Founded in 1888

exide technologies (EUJ1) Top Compensated Officers

Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $435.0K
Executive Vice President and President of Exi...
Total Annual Compensation: $374.0K
Executive Vice President and General Counsel
Total Annual Compensation: $384.4K
Compensation as of Fiscal Year 2013.

exide technologies (EUJ1) Key Developments

Exide Technologies announced delayed annual 10-K filing

On 06/30/2014, Exide Technologies announced that they will be unable to file their next 10-K by the deadline required by the SEC.

Exide Technologies Announces Executive Appointments

Exide Technologies announced that it has appointed two new executives to lead the company's efforts to upgrade its Vernon, California recycling facility. The company has named Thomas Strang as its Vice President, Environment Health & Safety, Americas and Charles Giesige as Vice President of Recycling Operations, Americas. Mr. Strang is responsible for developing and managing regulatory compliance programs at the Vernon operation and other Exide locations. He also is overseeing the upgrades for the company's Vernon recycling facility. He joined Exide on May 5. Mr. Giesige, who joins the company on June 16, will lead strategic oversight and operations of the Exide Americas recycling division, including management of plant purchasing, productivity, quality and logistics functions. In coordination with Mr. Strang, Mr. Giesige will develop policies and programs to enhance environmental compliance. Mr. Strang and Mr. Giesige bring to Exide more than 60 years of combined environmental, safety and health, and plant operations experience. Mr. Strang has a successful history in managing environmental remediation, implementing best practices and working collaboratively with diverse communities. Mr. Giesige has experience with battery manufacturing going back more than three decades, and has held senior management positions at a number of global companies, most recently as Vice President of Corporate Development for Columbus McKinnon Corporation.

Exide Technologies Receives Approval for DIP Credit Agreement Amendment

Exide Technologies announced that it has received approval of an amendment to its Debtor-in-Possession (DIP) credit agreement. Principally, the amendment provides an extension of Exide's deadline to file the Plan of Reorganization (POR) from May 31 to June 30, 2014. The company requested this change to give stakeholders more time to successfully evaluate the terms of the POR.


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