Carron Net's Fourth Generation |
(Archive News Story - Products mentioned in this Archive News Story may or may not be available from the manufacturer.)
Carron Net Co., Inc.
1623 17th St., P.O. Box 177
Two Rivers, WI, 54241
USA
Press release date: June 27, 2008
The fourth generation of the founding family of Carron Net Company is acquiring ownership in the company. Acquiring the current chairman William E. Kiel, Sr.'s interest will be his son, William E. Kiel, Jr. and son-in-law, Troy Christiansen, who have been active in the company operations since October 2000 and are currently officers and directors of the company. William Kiel, Jr. will take over as president and CEO and Christiansen will serve as executive VP and CFO. William Kiel, Sr. will remain a director of the company and hold the position as chairman of the board.
This change in ownership follows Kiel Sr.'s acquisition of complete ownership of the company in 2000 from Donald J. Schweiger, Eugene H. Carron, Jr. and Paul N. Carron.
Commenting upon this transition, Mr. Kiel said, "Not only have these past seven years been successful for the company, but have been a delightful opportunity for me to work closely with my son and son-in-law as they have continued to develop leadership positions in the company. Bill and Troy bring innovative ideas, broad market knowledge and a strong technical understanding of our industry that will ensure the company's continues success. They have been especially instrumental in the past few years as our markets and product lines have changed and information systems within the company have evolved."
"From our perspective, these past seven years have been a wonderful opportunity to learn from my father. Troy and I will always be grateful for that," added Kiel Jr. "We wish him the very best in his retirement, as we look forward to the chance to continue this business for yet another generation."
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