BRISTOL, Conn. -- (Business Wire)
Barnes Group Inc. (NYSE: B) today announced that Francis J. Kramer has
been elected to the Company’s Board of Directors, effective immediately.
Mr. Kramer is President and Chief Executive Officer of II-VI
Incorporated (NASDAQ: IIVI), a publicly traded company that is a global
leader in highly-engineered materials and opto-electronic components.
Mr. Kramer joined II-VI Incorporated in 1983 as Vice President and
General Manager of Manufacturing. He became President and Chief
Operating Officer of the company in 1985, and Chief Executive Officer in
2007.
During Mr. Kramer’s tenure at II-VI, the company went public and has
completed over 10 acquisitions, both domestically and overseas. Today,
well over 75% of the company’s 6,200 employees are based in the Far East
and Europe.
“We are extremely pleased to welcome Fran to our Board,” said Thomas O.
Barnes, Chairman of the Board, Barnes Group Inc. “Fran’s extensive
experience in global manufacturing, research and development, and
mergers and acquisitions will be a valuable asset to our Board, and we
look forward to his contributions as a Director.”
“Fran’s deep knowledge of engineered products and his strong global
perspectives, coupled with his current public company CEO role, will be
a tremendous asset to the Board,” added Gary Benanav, Chair of Barnes
Group’s Corporate Governance Committee.
Prior to his employment by II-VI Incorporated, Mr. Kramer was the
Director of Operations for the Utility Communications Systems Group of
Rockwell International Corporation. His early career was with Rockwell
International where he held positions in Engineering and Business
Development.
Mr. Kramer has served on the II-VI Board of Directors since August 1989
and currently serves on the University of Pittsburgh's Swanson School of
Engineering Board of Advisors.
Mr. Kramer holds a Bachelor's degree in Industrial Engineering from the
University of Pittsburgh and a Master's degree in Industrial
Administration from Purdue University.
About Barnes Group
Foundedin 1857, Barnes Group Inc. (NYSE:B) is an international
aerospace and industrial manufacturing and service provider, serving a
wide range of end markets and customers. The products and services
provided by Barnes Group are used in far-reaching applications that
provide transportation, communication, manufacturing and technology to
the world. Barnes Group’s approximately 5,100 dedicated employees, at
more than 50 locations worldwide, are committed to achieving consistent
and sustainable profitable growth. For more information, visit www.BGInc.com.
Contacts:
Barnes Group Inc.
Rikki Crea
Manager, Corporate Communications
860-583-7070
Source: Barnes Group Inc.
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