Mathias J. Barton Joins R&B, Inc. as Chief Financial Officer
29 October 1999
Mathias J. Barton Joins R&B, Inc. as Chief Financial OfficerCOLMAR, Pa., Oct. 29 -- R&B, Inc. today announced, effective November 15, 1999, the appointment of Mathias J. Barton as Senior Vice President and Chief Financial Officer of the Company, succeeding Malcolm S. Walter. R&B President and Chief Executive Officer Richard Berman said: "We are pleased to welcome Matt to the Company. He brings to R&B nearly 20 years of comprehensive business experience in finance, strategic planning, accounting, and mergers and acquisitions, which will help the Company's ability to consistently grow financial results." Prior to joining R&B, Mr. Barton, 40, was the Senior Vice President and Chief Financial Officer for Central Sprinkler Corporation, a publicly owned $220 million manufacturer and distributor of automatic fire sprinklers, valves, and component parts which was recently acquired by Tyco International Ltd. Mr. Barton, a CPA, holds a BBA degree from Temple University. In addition to serving as a senior financial officer for two corporations over the past ten years, Mr. Barton worked for Arthur Andersen LLP for the first eight years of his career. Berman continued: "We are sorry that Malcolm will be leaving the Company as he has significantly contributed to R&B's growth and success from the time he joined the Company in early 1996. However, we understand his decision to accept a senior position with a rapidly growing, still private, high technology company. Everyone at R&B wishes him well." R&B, Inc. is a leading supplier of "hard-to-find" parts, fasteners and service line products for the automotive aftermarket. R&B's parts are marketed under more than sixty proprietary brand names, through its Motormite and Dorman divisions, as well as under the private labels of automobile manufacturers, parts manufacturers, and national warehouse distributors.