BATAVIA, N.Y.–(Business WIRE)–Graham Corporation (NYSE: GHM), a world organization that layouts, manufactures and sells significant devices for the protection/area, electricity/new power and chemical/petrochemical industries, nowadays introduced that Jeffrey F. Glajch, Main Monetary Officer, who has served as CFO for 13 yrs, designs to retire in the 2nd calendar quarter of 2022 following the appointment of his successor. The Enterprise has initiated a extensive exterior look for to recognize a successor for this purpose.
Daniel J. Thoren, President and CEO, commented, “I have experienced the satisfaction of functioning with Jeff the past 6 months at Graham and also for almost 3 many years through the course of action of the Barber-Nichols (“BN”) acquisition. He has demonstrated tenacity, integrity and a powerful company acumen and has been extremely practical as we convey these two organizations together. Importantly, he has been instrumental in our advancement of methods to provide progress and I am self-assured he will proceed to be a significant contributor by way of the search and changeover. Our lookup for a successor is underway and I expect who we eventually pick out will have the encounter and capabilities to handle the expanded duties of this essential purpose to help us deliver on our Company’s growth aims.”
Mr. Glajch mentioned, “These are remarkable situations for Graham. I am proud of obtaining led our acquisition of Barber-Nichols which has transformed Graham. We have grow to be a protection and house targeted enterprise with many other possibilities for growth, together with in new vitality. Concurrently, we remain strongly committed to advancing our incredibly nicely positioned common power and petrochemicals organization. With our investment decision in BN, we now have a a lot additional productive harmony sheet and also are performing to travel growth. My retirement in the next calendar quarter of 2022 lets for a comprehensive 12 months post acquisition, which I think is enough time to help a easy changeover, as well as the completion of fiscal year 2022. I am hugely assured in Graham’s foreseeable future and the Company’s commitment to advancing growth.”
ABOUT GRAHAM Corporation
Graham is a global business enterprise that types, manufactures and sells important equipment for the protection/house, energy and highly developed vitality and chemical/petrochemical industries. The Graham and Barber-Nichols’ world-wide makes are created upon planet-renowned engineering knowledge in vacuum and warmth transfer, cryogenics, and turbomachinery technologies, as effectively as the Company’s responsive and flexible service and unsurpassed excellent.
Graham routinely posts news and other critical details on its web page, www.graham-mfg.com, where added extensive details on Graham Corporation and its subsidiaries can be identified.
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