Haynes International, Inc. Announces New President and Chief Executive Officer
KOKOMO, Ind., Sept. 9, 2008 -- Haynes International, Inc. (Nasdaq:HAYN) announced today that Mark M. Comerford has been appointed as the new President and Chief Executive Officer of the Company reporting directly to the Board of Directors. Mr. Comerford will assume his new position effective upon the retirement from the Company of former CEO Francis Petro on September 30, 2008. Mr. Petro will continue to serve as a member of the Board of Directors.
"I am delighted to welcome Mark Comerford as our new CEO. Mark brings a wealth of experience in metallurgical manufacturing, international commercialization and general management to Haynes," stated John Corey, the Company's Chairman. "We believe that Mark will provide strong leadership as we continue to pursue our growth strategy as a leading manufacturer of high performance alloys. On behalf of the Board and the Company's shareholders, I would also like to thank Francis Petro for his many years of dedicated leadership to Haynes. We wish him well in his retirement."
Before joining the Company, Mr. Comerford was President of Alloy Products, the largest business unit within Brush Wellman Inc. Since 1998, Mr. Comerford served in various positions for Brush Wellman Inc., both in the USA and Southeast Asia. In addition to his considerable experience at Brush Wellman Inc., Mr. Comerford also held positions at Carpenter Technology and American Brass in various metallurgical engineering, international and commercial management positions.
Mr. Comerford said, "I am delighted to join a team where safety, quality and innovation are the cornerstones of the business plan.
Haynes has a long and renowned history in the materials industry and I am very excited about the future of the Company."
About Haynes International
Haynes International, Inc. is a leading developer, manufacturer and marketer of technologically advanced, high performance alloys, primarily for use in the aerospace and chemical processing industries.
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CONTACT:
Haynes International, Inc.
Stacy Kilian, Vice President and General Counsel
765-456-6110
