[INDUSTRY NEWS] Earlier in his career, Mr. White worked at General Electric
Company’s Energy Division for twelve years, where he had successive leadership roles, most recently leading GE’s Air Filtration division which was acquired by Clarcor in 2013. Mr. White holds a Bachelor of Science in Physics from the
United States Naval Academy and served in the United States Navy for approximately seven years. Keith White commented, “I’m very excited to be joining
WireCo as its CEO. This is an extraordinary opportunity to become part of a world class industrial company. I was attracted to WireCo’s well-respected, market-leading, brands globally synonymous with delivering premium quality to its customers over many decades.” Regarding Mr. White’s appointment, Manish Srivastava,
Managing Director at Onex and Chairman of the WireCo Board said, “On behalf of the Board, we are thrilled that Keith will be joining WireCo as its Chief Executive Officer. Keith has a demonstrated and consistent track record of value creation through commercial and operational excellence across several leading industrial organizations, which makes him well-qualified to drive WireCo’s growth over the coming years. After running an extensive CEO search over the past six months, we are pleased to have found someone who has strong ties to the Kansas City community and has a strong global mindset, having experience across the Americas, Europe, Middle East and Asia. Additionally, we are thankful for Jay’s leadership and the organizational improvements he implemented while acting as Interim Chief Executive Officer. We and Keith look forward to continuing to work with Jay in his new role.” y
Columbus McKinnon Forms New Automation Division
> Columbus McKinnon Corporation (NASDAQ: CMCO), a leading designer and manufacturer of motion control products, technologies, systems and services for material handling, announced the formation of Columbus McKinnon Automation, a new division dedicated to expanding the Company’s automation product and service portfolio for its global customer base. “The requirement for increased operational efficiency through
streamlined production processes is paramount for our customers. Our technology-enabled automated material handling systems address this critical need,” said Mark Morelli, Chief Executive Officer. “We created a dedicated automation division to accelerate innovation in Intelligent Motion solutions that combine our skills as lifting specialists with the technology of our Magnetek brand to solve high-value lifting challenges in mission-critical applications.” To lead the Company’s automation efforts, Peter Stipan has
been appointed Global Director of Automation. Mr. Stipan served as the Director of Development for the Company’s Magnetek® brand power and motion control products and, prior to joining Magnetek, held previous positions in product development, technical marketing and sales at several major organizations, including Rockwell Automation and ABB. Mr. Stipan holds a B.S. in Electrical Engineering from Purdue University and is a Six Sigma Black Belt. Columbus McKinnon Automation will include project and
product management; product and business development; and software, automation and applications engineering teams. The
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