Baldwin Elects Paul Griswold as a New Director
November 17 2010 - 3:10PM
Business Wire
Baldwin Technology Company, Inc. (NYSE Amex: BLD), a global
leader in process automation technology for the printing industry,
announced that at its meeting on November 16, 2010, the Board of
Directors elected Paul J. Griswold as a Director of the Company.
Mr. Griswold was also appointed to serve on the Audit, Compensation
and Nominating Committees of the Board.
Mr. Griswold, age 58, currently has a private equity and board
advisory practice specializing in developing strategic growth,
margin improvement, supply chain channels and international
business opportunities for middle market companies. From 2007 to
2009, he was Chief Executive Officer of Havells-Sylvania Group, a
$1.4 billion global electrical and lighting company. From 2004 to
2007, he served as CEO and a Director of SLI Holdings, a $850
million manufacturer of lamps and lighting fixtures. He was a
Director at Paxar Corporation, a global provider of printed bar
codes, tracking solutions and radio frequency identification
technology to the retail and apparel manufacturing industries,
where he was President and COO from 2000 and 2001, and CEO from
2001 to 2003.
Currently, Mr. Griswold serves on the Boards and the Audit
and/or Compensation Committees of several private companies with
international operations.
Mr. Griswold earned a Bachelor’s Degree in Mathematics from
Fordham University and an MBA in Finance from Stillman School of
Business at Seton Hall University.
Baldwin Chairman Gerald A. Nathe said, “We welcome Paul to our
Board of Directors. With his extensive financial knowledge and
international business experience, he will be a valuable
contributor to Baldwin as the Company undertakes its strategic
growth plans to increase shareholder value.”
About Baldwin
Baldwin Technology Company, Inc. is a leading international
supplier of process automation equipment and related consumables
for the printing and publishing industries. Baldwin offers its
customers a broad range of market-leading technologies, products
and systems that enhance the quality of printed products and
improve the economic and environmental efficiency of printing
presses. Headquartered in Shelton, Connecticut, the Company has
operations strategically located in the major print markets and
distributes its products via a global sales and service
infrastructure. Baldwin’s technology and products include cleaning
systems, fluid management and ink control systems, web press
protection systems, drying and curing systems and the related
consumables. For more information, visit
http://www.baldwintech.com
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