Business
Bonal International Appoints New Leadership
Bonal International Appoints New Leadership.
About this update from Bonal International, Inc.
[{"type":"text","content":"\n\n\n\nBonal International Appoints New Leadership\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nBonal International Appoints New Leadership\nPR Newswire\nROYAL OAK, Mich., March 6, 2014\n\n\n\nROYAL OAK, Mich., March 6, 2014 /PRNewswire/ -- Bonal International, Inc. (OTC: BONL) announced that the Board of Directors appointed Thomas E. Hebel as Chairman, President, and CEO of both Bonal International Inc. and its subsidiary Bonal Technologies, Inc.  Hebel was interim President for Bonal from April 2010 through December 2012.  During that time Bonal posted profits in all eleven quarters, averaged 17.3 percent net after-tax profit, and paid record dividends in each of the three fiscal years.  Hebel is a long time member of the Board of Directors and will celebrate his 40th anniversary with the Company in June 2014.  \n\n\"I am honored that the Board of Directors has selected me to lead Bonal into the next exciting era of the Company,\" said Thomas Hebel.  \"Bonal's patented Meta-Lax® stress relief technology has achieved numerous record-breaking successes in the metalworking industry.  Switching to Meta-Lax® saves our customers time and money, while simultaneously improving stress relief quality over the 100-year-old heat-treat method. For Bonal, the next step forward will be to transform these numerous individual successes into comprehensive marketplace acceptance that, in turn, should increase corporate revenue and increase shareholder value.  In addition, I would also like to investigate improving the liquidity of our stock by listing Bonal on the Electronic Bulletin Board.\"\n\nThe Annual Meeting of Bonal's stockholders took place on February 12, 2014.  At that meeting two candidates, George Harrison and Harold Hebel, were nominated from the floor and elected to join the Board of Directors of Bonal International.  \n\nGeorge Harrison is a private investor, businessman, and retired tax and securities attorney.  He retired from his law firm in 1984 to concentrate on business and investments.  Harris...