Business
Columbus McKinnon Announces Appointment of Chris Stephens Jr. to Board of Directors
CHARLOTTE, N.C.--(BUSINESS WIRE)-- Columbus McKinnon Corporation (Nasdaq: CMCO) (“Columbus McKinnon” or the “Company”), today announced the appointment of
About this update from Columbus Mckinnon Corporation
[{"type":"text","content":" CHARLOTTE, N.C.--(BUSINESS WIRE)--\nColumbus McKinnon Corporation (Nasdaq: CMCO) (“Columbus McKinnon” or the “Company”), today announced the appointment of Chris J. Stephens Jr. to its Board of Directors effective immediately. Stephens will also serve as a member of the Audit Committee and Human Capital, Compensation and Succession Committee leveraging his 35 years of experience in financial and operational leadership.\n\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240318970869/en/(Photo: Business Wire)\n“We’re pleased to add Chris’s skills and experience to our talented Board as we continue to execute on our transformation and growth strategy,” said David Wilson, President and Chief Executive Officer. “In addition to Chris’s wide breadth of experience, he brings a deep and proven track record of executing business transformations and growing businesses both organically and through M&A in attractive end markets. His background and leadership are a great complement to our Board’s existing transformational and financial expertise, and we believe he will be an important asset to our team as we advance our journey.”\n\n\nStephens is a seasoned, global industrial leader and most recently served as the Senior Vice President and Chief Financial Officer of Sealed Air Corporation. Prior to joining Sealed Air, Stephens served as the SVP and Chief Financial Officer of Barnes Group. In his roles as Chief Financial Officer, he was a critical leader driving strategic transformation to deliver growth and operating leverage.\n\n\n“I am thrilled to partner with David and the Board to support the advancement of Columbus McKinnon’s strategy. The team is executing on its transformation to become a global leader in intelligent motion solutions and has made notable progress leveraging its proven playbook for growth and delivering operating efficiency and margin expansion,” said Stephens. “CMCO’s differentiated strategy and market positioning has already made it a formidable player in the category, and I’m excited to contribute to the advancement of the Company’s strategic agenda and financial goals.\"\n\n\nStephens also served in a variety of Finance leadership roles at both Boeing and Honeywell. Through these roles, he has demonstrated his extensive industrial expertise, operational c...