K-Tron Announces New Chief Financial Officer
26 Março 2009 - 6:00PM
PR Newswire (US)
Change to Take Place on May 30, 2009 PITMAN, N.J., March 26
/PRNewswire-FirstCall/ -- K-Tron International, Inc. (NASDAQ:KTII)
today announced that Robert E. Wisniewski has been elected Senior
Vice President, Chief Financial Officer and Treasurer, effective
May 30, 2009, replacing Ronald R. Remick who will retire on that
date. Mr. Wisniewski, 55, is currently Vice President, Finance of
K-Tron America, Inc. and Chief Financial Officer of the global
K-Tron Process Group, which is one of the Company's two lines of
business. He joined K-Tron in these positions in February 2008 from
ELB Capital Management LLC and FB Capital Partners, LP, two private
equity/income partnerships where he had been a Managing Director
since June 2005. Mr. Wisniewski brought to K-Tron a broad
background with considerable experience in manufacturing and public
accounting. He spent 11 years with Ernst & Young (June
1975-July 1986) and 14 years with Moore Products Company, a
NASDAQ-listed company similar in size to K-Tron that provided
technology solutions to the process automation industry worldwide
(August 1986-January 2000). At Moore Products, Mr. Wisniewski began
as Controller and rose to the position of Chief Financial Officer
and Treasurer. After that company was sold to Siemens in 2000, Mr.
Wisniewski stayed on through a transition period with Siemens Moore
Process Automation, Inc. (February 2000-August 2000) and then
served as the Executive Vice President and Chief Financial Officer
of Hospitality Solutions International, Inc. (September 2000-April
2002) and of Safeguard Business Systems, Inc. (June 2002-August
2003) and also worked as an independent financial and management
consultant from September 2003 to May 2005. Mr. Wisniewski holds a
Bachelor of Science degree in economics (major in accounting) from
The Wharton School at the University of Pennsylvania, and he
recently completed all course work for a Master of Science degree
in Organizational Dynamics from the University of Pennsylvania. He
is a certified public accountant. In announcing Mr. Wisniewski's
election, K-Tron Chairman and Chief Executive Officer Edward B.
Cloues, II said that "K-Tron is indeed fortunate to have a seasoned
executive of Bob Wisniewski's caliber ready to replace Ron Remick
as the Company's Chief Financial Officer when Ron retires at the
end of May. Bob's deep technical knowledge, his many years of
financial management experience and his current role as the
financial head of our global Process Group and key member of its
management team make him eminently well qualified to serve as
K-Tron's new CFO. He knows our people and businesses well, and the
Board and I are confident that in his new role Bob will be a very
valuable contributor to K-Tron's future success." Mr. Cloues then
thanked Mr. Remick for his nearly ten years of outstanding service
to K-Tron. "Ron joined the Company in May 1999 as our Senior Vice
President, Chief Financial Officer and Treasurer, after a
distinguished 26-year career at Atlantic Richfield Company and ARCO
Chemical Company. His individual accomplishments at K-Tron have
been far too many to recite, but he has played key roles in
corporate finance, domestic and international treasury, strategic
business planning and acquisitions, information systems and
investor relations. We will miss his advice, guidance and
dedication to our business and our employees, and all of us at
K-Tron wish Ron and his wife Karen all the best following his
retirement. As previously mentioned, Ron will continue in his
current position through the end of May and will work closely with
Bob to ensure a smooth transition of CFO responsibilities." K-Tron
International, Inc. and its subsidiaries design, produce, market
and service material handling equipment and systems for a wide
variety of industrial markets. The Company has manufacturing
facilities in the United States, Switzerland and the People's
Republic of China, and its equipment is sold throughout the world.
DATASOURCE: K-Tron International, Inc. CONTACT: Ronald Remick,
Senior Vice President and Chief Financial Officer of K-Tron
International, +1-856-256-3311, Web Site:
http://www.ktroninternational.com/
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