National-Standard Company Announces Executive Appointments
16 November 1999
National-Standard Company Announces Executive AppointmentsNILES, Mich., Nov. 16 -- National-Standard Co. (Amex: NSD) announced today that Ronald B. Kalich has been elected to the position of President and Chief Executive Officer, succeeding Michael B. Savitske, who was elected Vice Chairman of the Company. A special committee of the Board of Directors had been conducting a search for Mr. Savitske's successor since being advised of his intent to retire from active service in 2001. Mr. Kalich most recently was President and CEO of Getz International, a unit of The Marmon Group. Prior to joining Marmon, he held executive positions with Danaher Corporation, Forstman Little & Company, and Cooper Industries. He has served as a Director of National-Standard Company since 1998 and is also a Director of Thomas and Betts Corporation and The Carbide/Graphite Group, Inc. He holds a Bachelor of Science Degree in Electrical Engineering from Carnegie-Mellon University and an MBA from the University of Pittsburgh. "We are very pleased that we were able to provide for a smooth transition of leadership for the Company as a result of Mike Savitske's early notification of his retirement plans," said David F. Craigmile, Chairman. "Given his involvement in the Company's activities as a Director, Ron Kalich is very familiar with the issues facing the Company. His background in managing diverse industrial businesses, acquisitions and international marketing and distribution provides the experience necessary for the successful leadership of the Company's future." Founded in 1907, National-Standard is a Niles, Michigan based firm with annual sales of approximately $200 million. In ten operating facilities in the United States and England, the Company manufactures and distributes a broad range of wire and wire related products, including tire bead wire and welding wire, in addition to wire cloth fabricated filters and inflator housings for the automotive air bag industry.