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Cone Mills Announces Changes In Corporate Roles

GREENSBORO, N.C., May 25 /PRNewswire/ -- Cone Mills Corporation (NYSE: COE) today announced that its Board of Directors has elected Tom McKenna and Mike Whisenant Executive Vice Presidents of the corporation. Tom McKenna directs market strategy for the Cone Textile Group (denim and khaki), including merchandising, sales, marketing, and customer service.After joining Cone Mills in 1981, McKenna worked in the San Francisco,Belgium, and Singapore sales offices before moving into division management.He has since assumed increasingly responsible positions in sales and marketing, most recently as Senior Vice President, Sales and Marketing.McKenna graduated from the University of Maryland with a degree in marketing. Michael J. Whisenant is responsible for the company's denim manufacturing,product quality, product/process development, engineering, transportation, and warehousing operations. After joining Cone Mills in 1967, Whisenant worked inplant management, product development and product quality. He assumed progressively more responsible positions in manufacturing operations, most recently as Senior Vice President, Operations. Whisenant graduated from North Carolina State with a degree in textiles. Cone Mills has also announced that Samir M. Gabriel has been elected Controller of the corporation, responsible for accounting, financial systems,inventory control and business planning. Gabriel worked for Deloitte and Touche before joining Cone Mills in 1988. He has held a variety of positions in Cone's Finance function, including Director of Accounting and Director of Cost Accounting. A CPA, Gabriel is a graduate of Lenior Rhyne College with a degree in accounting. In other action, the Cone Board of Directors endorsed the consolidation of the sales function into James Payne's current responsibilities as Senior Vice President of Cone Finishing. Payne directed the operational "turnaround" of Carlisle in 1999 and is now assuming responsibility for the Finishing division's sales force. Since joining Cone Mills in 1971, Payne has progressed through several management positions. He graduated from theCollege of Textiles at N.C. State with a degree in textiles. Founded in 1891, Cone Mills Corporation, headquartered in Greensboro, NC,is the world's largest producer of denim fabrics and the largest commissionprinter of home furnishings fabrics in North America. Manufacturingfacilities are located in North Carolina and South Carolina, with a jointventure plant in Coahuila Mexico.SOURCE Cone Mills Corporation Web Site: http://www.cone.com Copyright 2001 PR Newswire