December 2004 - Chatsworth Products, Inc. CEO Retires

Chatsworth Products, Inc. Announces the Retirement of Joe Cabral

Joseph Cabral (1)WESTLAKE VILLAGE, Calif. – December 23, 2004 – Chatsworth Products, Inc. (CPI), a 100% employee-owned leading manufacturer of structural support systems for computer and communications networks, today announced that Joe Cabral, President and Chairman of the Board, has elected to take early retirement.

Joe Cabral recently completed 30 years of distinguished service with CPI and its precedent companies. In 1991, Mr. Cabral led a management buyout utilizing an Employee Stock Ownership Plan (ESOP). The result was the establishment of Chatsworth Products, Inc., a 100% employee-owned company that grew over 1,000% since inception.

Mr. Cabral’s many business and industry activities include serving with The ESOP Association, a national not-for-profit group of employee-owned companies, including a term as Chair of The ESOP Association's Board of Directors.

 In April 2001, Joe completed his second three-year term on the Board of Director of National Cooperative Bank (NCB), having also served a two-year term as Chair of the NCB Development Corporation. Mr. Cabral is a past recipient of the Homer Dickerson Ethics Award from the Westlake Village, Calif. Rotary Club.

About Chatsworth Products

Chatsworth Products (CPI) is a global manufacturer of products and solutions that protect your ever-growing investment in information and communications technology for IT and industrial automation applications. We act as your business partner and are uniquely prepared to respond to your requirements with global availability and rapid product customization, giving you a competitive advantage. With decades of experience engineering thermal, power and cable management solutions for the data center, enterprise networking and industrial enclosure markets, CPI is well positioned to provide you with unequaled application expertise, customer service and technical support, and a global network of industry-leading distributors.

CPI is listed with the General Services Administration (GSA) under Federal Supply Schedule IT 70. Products are also available through GSA Advantage and through Government Wide Acquisition Contracts (GWACs), including GSA Connections and NITAAC-ECS III (www.chatsworth.com/gov).

©2024 Chatsworth Products, Inc. All rights reserved. Chatsworth Products, Clik-Nut, CPI, CPI Passive Cooling, CUBE-iT, Secure Array, eConnect, Evolution, GlobalFrame, MegaFrame, QuadraRack, RMR, Saf-T-Grip, SeismicFrame, SlimFrame, TeraFrame, Motive, EuroFrame, Velocity and ZetaFrame are federally registered trademarks of Chatsworth Products. H-Plane, Hi-Bar, In-Plane, M-Frame, NetPoint, Oberon, Simply Efficient, Skybar, and Wi-Tile and are trademarks of Chatsworth Products.

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