Columbus McKinnon Appoints R. Scott Trumbull to Board of Directors
AMHERST, N.Y. -- Columbus McKinnon Corporation (Nasdaq:CMCO), a leading designer, manufacturer and marketer of material handling products, announced the appointment of R. Scott Trumbull to its Board of Directors effective January 19, 2014. Mr. Trumbull is the Chairman and Chief Executive Officer of Franklin Electric Company, Inc. (Nasdaq:FELE). He joined the Board of Franklin Electric in 1998 and was elected Chief Executive Officer of the company in December, 2002. Franklin Electric is a global leader in the production and marketing of systems and components for the movement of water and automotive fuels.
Ernest R. Verebelyi, Chairman of Columbus McKinnon's Board of Directors, commented, "I am very pleased to welcome Scott and look forward to working with him. He brings excellent experience, with firsthand industrial knowledge and leadership that we expect will be an invaluable addition to our Board."
Prior to Franklin Electric, Mr. Trumbull began his career at Owens-Illinois in 1972, progressively advancing through various operational and leadership positions ultimately to the role of Executive Vice President and Chief Financial Officer. He currently serves on the
Board of Directors of Health Care REIT, Inc., which he joined in 1999.
With the addition of Mr. Trumbull, Columbus McKinnon's Board of Directors now totals nine members, including eight independent directors. Mr. Trumbull will serve on the Audit Committee and Compensation Committee. He will stand for ratification at the Company's annual shareholder meeting in July 2014.
About Columbus McKinnon
Columbus McKinnon is a leading worldwide designer, manufacturer and marketer of material handling products, systems and services, which efficiently and ergonomically move, lift, position and secure materials. Key products include hoists, actuators, cranes and lifting and rigging tools. The Company is focused on commercial and industrial applications that require the safety and quality provided by its superior design and engineering know-how. Comprehensive information on Columbus McKinnon is available on its web site at http://www.cmworks.com.
CONTACT: Gregory P. Rustowicz
Vice President - Finance and Chief Financial Officer
Columbus McKinnon Corporation
716-689-5442
greg.rustowicz@cmworks.com
Investor Relations:
Deborah K. Pawlowski
Kei Advisors LLC
716-843-3908
dpawlowski@keiadvisors.com
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