Bodine Electric Company Announces New Vice President of Sales & Marketing, plus Two Management Promotions


CHICAGO, IL (January, 2007) - Bodine Electric Company today announced important changes to its leadership team. The company has promoted Michael Gschwind to Vice President of Sales and Marketing. Additionally, Edmund Glueck has been promoted to Marketing and Product Development Manager, and Terry Auchstetter has been promoted to Business Development Manager for Custom Products.

Gschwind, who has been with the company for nearly 30 years, has been instrumental in all aspects of product research, development and sales at Bodine. He began his career at Bodine as a Sales Engineer, directly serving accounts in the Midwest and Western U.S.A. In the mid-1980s, Gschwind transferred to Bodine's Research and Development group, where he developed electronic products for stepper and brushless DC motors. In 1999 he became engineering manager for Bodine's AC, brushless DC and e-TORQ product lines. In 2002, Gschwind was named Director of Sales, where he managed the company's corporate sales force. Gschwind holds multiple degrees, including a B.S. in Electrical Engineering, and a Master of Engineering Management degree from Northwestern University.

"Mike's experience in product design, his extensive knowledge of motor system applications, and strong understanding of sales make him a welcome addition to our Executive team," said John Bodine, President and CEO of Bodine Electric Company.

Both Edmund Glueck and Terry Auchstetter have extensive experience in marketing and applications for the Bodine product line. Since joining the company in 1993, Glueck has been responsible for market development and sales of all of Bodine's AC and Brushless DC products. In his new role, Glueck will oversee all Bodine marketing activities. Auchstetter, who has been with Bodine for 21 years and most recently has supervised all DC and control products, will assume responsibility for managing opportunities for custom (built-to-order) products.

"I'm confident these changes will allow us to focus our efforts in a consistent, customer-driven manner," stated Michael Gschwind. "The end result will be enhanced growth in markets that demand the highly reliable, value added products and services offered by Bodine."

Founded in 1905, Bodine Electric Company is a leading designer and manufacturer of high quality fractional horsepower electric motors, gearmotors and motion controls for demanding industrial and commercial applications. Bodine is headquartered in Chicago, with additional manufacturing in Peosta, Iowa, U.S.A.

Further information, contact:

Avis Weisman,

(773) 478-3515, ext. 409

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