Release time : 2015-06-15 09:57:31
Kaydon today announced an internal reorganization focused on driving organic growth within its custom turntable bearing business serving the wind energy market and accelerating profitable international expansion within its Friction Control Products segment.
This reorganization comes after a period of unprecedented order growth and capital investment by Kaydon Corporation. Going forward, this structure will allow the Company to better support the tremendous growth experienced in the wind energy market while prioritizing operational execution throughout our businesses.
John R. Emling has been appointed to the position of Group President responsible for several businesses, including the Kaydon Custom Bearings division, Sealing Products operations and Filtration operations. L. Jeffrey Manzagol has been appointed to the position of President of Kaydon's Industrial Bearings division which includes the Company's custom turntable business serving the fast growing wind energy market.
Mr. Manzagol will also be responsible for the international development of the Bearings business to accelerate our expansion outside of North America in the coming years. Both will report directly to James O'Leary, Chairman, Chief Executive Officer and President of Kaydon Corporation.
Mr. O'Leary said, "With the growth of Kaydon's custom turntable bearings business and our focus on international growth company-wide, this reorganization positions the Company to best utilize its leaders in maximizing our results for the full benefit of our shareholders. This structure will provide clarity and focus in a fashion that optimizes execution at every level. John and Jeff will play important roles in achieving our Corporate objectives in both the short and long-term by developing organizations and strategies best suited for the unique needs of each of our businesses."