Ash is new president of Orbis Corp.
Menasha Corp. announced it has promoted William Ash to the position of president of Oconomowoc-based Orbis Corp., the company’s second-largest operating division.
Ash, 44, had been vice president of finance at Orbis since 2004.
"Bill is a talented leader with experience in all facets of ORBIS’ business, extensive industry knowledge and work in international operations," said Menasha Corp. president and chief executive officer James Kotek. "He has proven himself to be an accomplished and effective manager and was very instrumental in the successful integration of the two largest acquisitions in Menasha Corp.’s history – Linpac Group Limited’s material handling business in December 2006 and Norseman Plastic Holdings Ltd. in October 2008."
Orbis is a leading reusable plastic packaging product and service provider in North America. Orbis helps companies analyze their supply systems, design the right reusable packaging solutions and implement cost-effective programs that yield rapid cost savings and support sustainability objectives.
Kotek had been president of Orbis until he was named to the top position at Menasha Corp. in August.
"It’s an honor to be named president of Orbis Corp. and accept the challenges of leadership. Orbis is a tremendous company with a great future ahead and I look forward to extending its proud record of market leadership and sales and earnings growth," Ash said.
Adams is new CEO of Rexnord’s parent company
RBS Global Inc., the parent company of Milwaukee-based Rexnord LLC, announced today that Todd Adams has been appointed president and chief executive officer of RBS Global and Rexnord.
Adams, 38, will be nominated for election as a member of the board of directors of RBS Global and Rexnord. Adams will succeed Robert Hitt, who is leaving the company to pursue other interests.
Adams joined Rexnord in 2004 as vice president, treasurer and director of financial reporting. Since that time he has played an increasingly vital role across the company while assuming greater levels of responsibility, leading to his appointment as senior vice president and chief financial officer in 2008. He assumed additional responsibility earlier in 2009 as president of Rexnord’s Water Management platform. Prior to joining Rexnord, Adams held various senior financial roles with The Boeing Company, APW Limited and Idex Corp.
George Sherman, Rexnord’s chairman, said, "I have worked with Todd for more than five years at Rexnord. His vision, business acumen, high level of expectation, passion for the Rexnord Business System and ability to execute have had a significant impact on the positive results of our company. In addition to Todd’s outstanding contributions as CFO, his recent experience running our Water Management Platform has demonstrated the leadership capability necessary to enable Rexnord to continue to outperform competition. He is surrounded by a very capable and experienced group of accomplished senior executives, and they have a talented team supporting them. I am highly confident in their ability to continue to evolve the company and maintain a sustainable competitive advantage in its served markets. I would like to wish Bob Hitt success in the future and thank him for his efforts and contributions in helping us achieve superior performance over the past seven years, and for his mentorship of Todd."
Adams said, "I am appreciative of the board’s confidence in me to assume the responsibility to lead Rexnord into the future. Our company is financially strong, and strategically well-positioned to deliver industry leading growth and performance. I am delighted to be working with George and such a capable team of associates at Rexnord. Together we will focus on superior customer satisfaction through the on-going development of our high-performance culture, based on the Rexnord Business System and our core values, to deliver outstanding performance to our customers and shareholders."
George Moore, executive vice president, will assume the role of acting CFO while an external search for a new CFO is completed. Moore was CFO of the company from 2006 to 2008.
Rexnord, which is the parent company of the Falk Corp. in Milwaukee, manufactures highly engineered power transmission and water management products.
Johnson Controls adds Abney to board
Glendale-based Johnson Controls Inc. announced the election of David Abney to its board of directors. Abney, 54, is the chief operating officer for UPS.
"We are delighted to have David join our board of directors," said Stephen Roell, chairman, president and chief executive officer of Johnson Controls. "He brings impressive operational experience and I know that he will provide valued counsel and make important contributions to our board."
Marcus Theatres promotes Tomachek
Marcus Theatres announced the promotion of Jeff Tomachek to senior vice president of finance, planning and development. Tomachek joined Marcus Theatres in 1998 as controller. He was transferred to The Marcus Corp.’s former Baymont Inns and Suites division in 2001, where he served as vice president of accounting and finance. In 2004, Tomachek returned to Marcus Theatres, assuming his most recent position of vice president of finance, planning and development. "Jeff has contributed greatly to the success of our company by leading our strategic planning efforts, coordinating acquisitions and shepherding development of new sites and concepts for Marcus Theatres," said Bruce Olson, president of Marcus Theatres. "On behalf of myself and the entire Marcus Theatres team, we congratulate Jeff on his promotion. His outstanding leadership skills make him a valued member of our organization."
