OEA Announces New President and Vice President
9 June 1998
OEA Announces New President and Vice President for Automotive DivisionDENVER, June 8 -- OEA, Inc. announced today that two key executives have joined the Company. Mr. William R. Barker has been appointed to the newly created position of President of the Automotive Safety Products division, where he will be responsible for all aspects of the Company's inflator and initiator business worldwide. For the last three years he was President of Bosal North America, manufacturers of automotive exhaust systems and catalytic converters. Prior to joining Bosal, Mr. Barker was employed 23 years at Gates Rubber company where his last position was in Germany as Chief Operating Officer of the European Power Drive Products operations, and his preceding position was in Japan as Chief Operating Officer of Asia Pacific Operations. He has a Bachelor of Science degree in Chemical Engineering and a Masters of Business Administration, both from the University of Colorado. Mr. L. Gene Stohler has been appointed to the newly created position of Vice President of Business Development, reporting to Mr. Barker and being responsible for all marketing, sales and strategic planning of the Automotive division. Mr. Stohler has 40 years of wide marketing experience in the automotive industry. For the last nine years he was Vice President, Marketing and Planning for MascoTech, Inc. Prior to joining MascoTech he was Vice President, Worldwide Sales and Marketing at ITT Automotive for six years. He has a Bachelor of Science degree in Business and Economics from Butler University. Mr. Barker reports to OEA's President and Chief Executive officer, Charles B. Kafadar, who said, "OEA has targeted the air bag industry for our continued growth, and has spent the past year preparing for this growth by installing facilities and equipment and training personnel. Now we are announcing the addition of two key individuals, each with extensive automotive components experience, to lead our automotive business. Bill's background in all aspects of automotive components manufacturing and marketing, knowledge of Europe and Asia, and experience with rapid ramp-ups of production is very important for the growth of our Automotive Safety Products. Gene's global background in automotive marketing and strategic planning is very important for OEA to develop new markets in the evolving air bag field." OEA is a major manufacturer of air bag inflators and initiators, and a leader in the design and manufacture of personnel escape systems for military aircraft and high-reliability devices for missile and space applications.