The L.S. Starrett Company Appoints Charles “Chuck” Alpuche to its Board of Directors
25 Julho 2022 - 9:00AM
Business Wire
The L.S. Starrett Company (NYSE: SCX) (“Starrett” or “the
Company”) a global innovator, manufacturer and marketer of
precision measuring tools, cutting tools and equipment, and
high-end metrology solutions for industrial, professional, and
consumer markets, today announced that Chuck Alpuche has been
appointed to the Company’s Board of Directors, effective
immediately.
Mr. Alpuche has served as the Executive Vice President and Chief
Operating Officer of Insulet Corporation since February 2019. Since
2016, he has served as Executive Vice President and Senior Vice
President in several operational leadership roles for Insulet.
Prior to that, from 2012 – 2016, Mr. Alpuche served as an
independent consultant for both domestic and international
companies in the food, beverage and chemical industries.
Previously, he spent thirty years at PepsiCo in leadership roles of
increasing responsibility overseeing domestic and international
plant operations. Earlier in his career at PepsiCo, he held a
number of management roles in plant operations, product management
and quality control. Most recently, he served as PepsiCo’s Senior
Vice President of North America Beverages, and before that he held
the position of Vice President and General Manager, Concentrate
Operations, Asia and Americas. Mr. Alpuche holds a Bachelor of
Science in Business Administration from Delaware Valley College and
obtained an Executive Master of Science in Organizational
Management from the University of Pennsylvania.
“We are pleased to welcome a leader with Chuck’s expertise and
experience to the Starrett Board,” said Douglas Starrett, Chairman
of Starrett’s Board of Directors. “His leadership and experience
with several major operational initiatives, improvements, and
automation throughout his career will be invaluable to us as we
endeavor to continue to meet the operational challenges facing us
in this environment.”
Mr. Alpuche’s appointment follows several prominent new
appointments to the Board in recent years. In 2020, both Scott
Sproule, former Vice President and Chief Financial Officer of SPX
Corporation, and Deborah R. Gordon, Vice President, Investor
Relations of Insulet Corporation were appointed, adding experience
and expertise to the financial and investor relations areas. In
2017, Tom Riordan, formerly President and CEO of Neenah Enterprises
and Chief Operating Officer of Terex Corporation, in addition to
senior leadership positions in several other manufacturing
enterprises was appointed along with Christopher Gahagan, formerly
President and CEO of Symbiotic LLC. Mr. Riordan brings a wealth of
experience and leadership in manufacturing operations, and Mr.
Gahagan likewise in the area of technology and application
thereof.
“Mr. Alpuche’s appointment continues the process begun a few
years ago of appointing a very strong, functionally diverse Board
of Directors who have been very instrumental in helping us navigate
a difficult environment while continuing to grow the company and
improve profitability for our stakeholders,” added Mr.
Starrett.
About The L.S. Starrett
Company:
Founded in 1880 by Laroy S. Starrett and incorporated in 1929,
The L.S. Starrett Company is a leading manufacturer of high-end
precision tools, cutting equipment, and metrology systems for
industrial, professional and consumer markets and is engaged in the
business of manufacturing over 5,000 different products for
industrial, professional and consumer markets. The Company has a
long history of global manufacturing experience and currently
operates three major global manufacturing plants. All subsidiaries
principally serve the global manufacturing industrial base with
concentration in the metalworking, construction, machinery,
equipment, aerospace and automotive markets. The Company offers its
broad array of measuring and cutting products to the market through
multiple channels of distribution throughout the world. Starrett is
a brand recognized around the world for precision, quality and
innovation. For more information, please visit:
https://www.starrett.com.
Forward-Looking Statements:
This press release may contain forward-looking statements
concerning the Company’s expectations, anticipations, intentions,
beliefs or strategies regarding the future. These forward-looking
statements are based on its current expectations and beliefs
concerning future developments and their potential effects on the
Company. There can be no assurance that future developments
affecting the Company will be those that it has anticipated. These
forward-looking statements involve a number of risks, uncertainties
(some of which are beyond its control) or other assumptions that
may cause actual results or performance to be materially different
from those expressed or implied by these forward-looking
statements, and other risks and uncertainties described in its
Annual Report on Form 10-K, which was filed with the Securities and
Exchange Commission on September 2, 2021 in the section entitled
"Risk Factors," and in its other filings from time to time with the
Securities and Exchange Commission. Should one or more of these
risks or uncertainties materialize, or should any of its
assumptions prove incorrect, actual results may vary in material
respects from those projected in these forward-looking statements.
The Company undertakes no obligation to publicly update or revise
any forward-looking statements.
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version on businesswire.com: https://www.businesswire.com/news/home/20220725005077/en/
John C. Tripp Chief Financial Officer (978) 249-3551
jtripp@starrett.com
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