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Fellowes, Inc. Announces Senior Management Appointments
[June 08, 2004]

Fellowes, Inc. Announces Senior Management Appointments

ITASCA, Ill. --(Business Wire)-- June 8, 2004 -- Fellowes, Inc., a worldwide leader in products to equip the workspace, today announced the appointment of Jude Rake as President and Chief Operating Officer, and Jeff Nielson as Vice President - Sales Planning.

Jude Rake, President and Chief Operating Officer

Jude Rake is appointed to President and Chief Operating Officer. Since joining Fellowes in August, 2003, as EVP and Chief Marketing Officer, Rake has provided an inspiring vision for taking the Fellowes business forward. He has brought senior level leadership by implementing new business processes and methodologies that focus the organization strategically. His passion for driving growth through innovation and superior marketing is already impacting Fellowes' business results.


Rake has also been elected to the Fellowes Board of Directors and will provide his insight and wisdom as the Board charts out Fellowes' course for the future.

"For the past several years, we have been working to create a new business model based on the strength of our consumer brands and supported by a global supply chain," said James Fellowes, Chairman and CEO, Fellowes, Inc. "We have required people to step up and drive change. New to Fellowes, Jude has served as a high-impact change agent. Our progress in building a new business model also has been advanced by long-standing Fellowes associates who have embraced new ideas. It is, in fact, the blend of new faces and familiar faces that is defining Fellowes today," Fellowes said.

A nearly 25-year marketing veteran, Rake spent most of his career in the consumer packaged goods industry after working on nuclear power plants as a structural engineer with Bechtel. Prior to Fellowes, Rake served as Chief Operating Officer of Consumer Imaging for the U.S. and Canada region of Eastman Kodak Company. In addition, Rake has managed some of the most notable brands and marketing teams at companies including The Clorox Company, Pepsi-Cola International and S.C. Johnson Wax. He also was recognized by Advertising Age as a 'Top 100 Marketer' in 1994 and 1998.

Rake received his bachelor's degree in civil engineering from Purdue University and his MBA in marketing and finance from the University of Chicago. Rake is 45 years old and resides with his family in Libertyville, Ill.

Jeff Nielson - Vice President, Sales and Planning

Jeff Nielson is appointed to Vice President - Sales Planning. Nielson has contributed to the Fellowes sales organization for more than 17 years. He began in field sales and rose to key account representation and sales management.

In this past year, Nielson was redirected to head the sales administrative team, and he has provided invaluable leadership in enhancing the cohesion between the Fellowes sales and business teams. He helped develop a new structure and realignment of responsibilities to the different level of sales functions in order to deliver improved results.

"Jeff's promotion recognizes his outstanding contribution to our company," said James Fellowes, Chairman and CEO. "His forward thinking business skills have become an invaluable ingredient and fit very well within our overall business strategy."

Prior to Fellowes, Nielson managed store operations for Osco Drug Stores. He received his bachelor's degree in business administration from Wartburg College. Nielson is 41 years old and resides with his family in St. Charles, Ill.

About Fellowes, Inc.

Headquartered in Itasca, Illinois, Fellowes, Inc. offers an impressive range of products to equip the workspace, including paper shredders, binders and laminators, desktop accessories and record storage solutions. Fellowes, Inc. owns and operates subsidiaries in Canada, United Kingdom, Benelux, France, Germany, Italy, Poland, Singapore, Japan, Korea and Australia. The company employs more than 1,500 people throughout the world and expects global sales in excess of $700 million this year. For more information, visit www.fellowes.com.

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