Worthington Announces New Engineered Cabs and WAVE Presidents
COLUMBUS, OH, May 21, 2013 (Marketwired via COMTEX) --
Worthington Industries, Inc. (NYSE: WOR) announced today that John
G. Lamprinakos will become the next president of the Company's
Engineered Cabs business segment, effective July 1, 2013, replacing
Robert A. Kluver who is retiring on December 31, 2013 after 42 years
with the business. Charlie Chiappone will replace Lamprinakos as
president of the Company's joint venture with Armstrong World
Industries, Worthington Armstrong Venture (WAVE), also effective July
"Bob has done an excellent job leading Angus Industries, successfully
positioning the company as the leader in the independent design and
manufacturing of cabs in the U.S.," said Chairman and CEO John
McConnell. "We wish him well in retirement."
"John is a proven leader successfully leading WAVE to significant
year-over-year growth and expansion in new and existing markets,"
said McConnell. "His international and world-class operations and
marketing experience will be an asset as we grow the Engineered Cabs
Lamprinakos, 55, has been with Worthington Industries in various
capacities for 34 years, starting in the Company's sales training
program in 1979. He spent 24 years at Worthington's Pressure
Cylinders business including two years as president, from 2001 to
2003. He has served as president and CEO of WAVE for the past nine
years and was the vice president of global operations the prior year.
Lamprinakos received his bachelor's degree from Duke University.
"Charlie has made a significant impact during his short tenure with
Armstrong," said McConnell. "We believe he will apply his leadership
and experience to continue WAVE's successful track record. He will be
an excellent addition to our team."
Chiappone, 50, has over 20 years industrial manufacturing leadership
experience working in engineering thermoplastics, specialty chemicals
and industrial construction. He joined Armstrong Building Products in
2012 as vice president, global marketing & commercial excellence and
prior to that, served six years as president of Alloy Polymers, Inc.
a compounder for the thermoplastics industry. Before Alloy Polymers,
Chiappone was with SPX Cooling Technologies where he held a number of
senior management positions. He received his bachelor's degree from
Siena College and his MBA from Northwestern University.
About Worthington Industries
Worthington Industries is a leading
diversified metals manufacturing company with 2012 fiscal year sales
of $2.5 billion. The Columbus, Ohio based company is North America's
premier value-added steel processor and a leader in manufactured
pressure cylinders, such as propane, oxygen and helium tanks, hand
torches, refrigerant and industrial cylinders, camping cylinders,
exploration, recovery and production products for global energy
markets; scuba tanks, and compressed natural gas storage cylinders;
custom-engineered open and enclosed cabs and operator stations for
heavy mobile equipment; framing systems for mid-rise buildings; steel
pallets and racks; and through joint ventures, suspension grid
systems for concealed and lay-in panel ceilings, current and past
model automotive service stampings, laser welded blanks, and light
gauge steel framing for commercial and residential construction.
Worthington employs approximately 10,000 people and operates 83
facilities in 11 countries.
Founded in 1955, the Company operates under a long-standing corporate
philosophy rooted in the golden rule. Earning money for its
shareholders is the first corporate goal. This philosophy serves as
an unwavering commitment to the customer, supplier, and shareholder,
and it serves as the Company's foundation for one of the strongest
employee-employer partnerships in American industry.
Safe Harbor Statement
The company wishes to take advantage of the
Safe Harbor provisions included in the Private Securities Litigation
Reform Act of 1995 ("the Act"). Statements by the company which are
not historical information constitute "forward looking statements"
within the meaning of the Act. All forward-looking statements are
subject to risks and uncertainties which could cause actual results
to differ from those projected. Factors that could cause actual
results to differ materially include risks described from time to
time in the company's filings with the Securities and Exchange
Cathy M. Lyttle
VP, Corporate Communications and Investor Relations
Phone: (614) 438-3077
E-mail: Email Contact
Sonya L. Higginbotham
Director, Corporate Communications
Phone: (614) 438-7391
E-mail: Email Contact
SOURCE: Worthington Industries, Inc.
[ InfoTech Spotlight's Homepage ]