Kimball Electronics, Inc. Announces Resignation of Director Christopher B. Curtis
September 12 2016 - 4:15PM
Kimball Electronics, Inc. (NASDAQ:KE), (the “Company”), today
announced the resignation of Christopher B. Curtis from its Board
of Directors (the “Board”), effective September 9, 2016.
Mr. Curtis was elected to the Board in November of 2014 after
the completion of the spin-off of the Company from its former
parent. On August 1, 2016, Mr. Curtis assumed the position of
Chief Executive Officer of the Wencor Group, a company that
engineers, sources, distributes, and repairs components for the
aviation industry. Given the time commitment of his full-time
executive responsibilities as Wencor Group’s CEO, Mr. Curtis has
determined that he needs to limit his outside activities and that
his resignation from the Board would be appropriate and in the best
interests of the Company’s Share Owners.
“Speaking on behalf of our Board, we understand and support
Chris’s difficult decision and are grateful to him for his many
insightful contributions as we began our journey as an independent
public company. We thank him for his dedicated service
representing the Share Owners of the Company,” said Don Charron,
Chairman of the Board and Chief Executive Officer.
The Company intends to immediately begin a search for Mr.
Curtis’s successor. About Kimball Electronics,
Inc.
Recognized with a reputation for excellence, Kimball Electronics
is committed to a high performance culture that values personal and
organizational commitment to quality, reliability, value, speed,
and ethical behavior. Kimball Electronics employees know they
are part of a company culture that builds lasting relationships and
global success for customers while enabling employees to share in
the Company's success through personal, professional, and financial
growth.
Kimball Electronics trades under the symbol “KE” on The NASDAQ
Stock Market. Kimball Electronics is a global contract
electronic manufacturing services (“EMS”) company that specializes
in durable electronics for the medical, automotive, industrial, and
public safety markets. Kimball Electronics is well recognized
by customers and industry trade publications for its excellent
quality, reliability, and innovative service. From its
manufacturing operations in the United States, China, Mexico,
Poland, Romania, and Thailand, Kimball Electronics provides
engineering, manufacturing, and supply chain services which utilize
common production and support capabilities to a variety of
industries globally. Kimball Electronics is headquartered in
Jasper, Indiana.
To learn more about Kimball Electronics, visit:
www.kimballelectronics.com.
Lasting relationships. Global
success.
CONTACT:
Adam W. Smith
Treasurer
Telephone 812.634.4000
E-mail: Investor.Relations@kimballelectronics.com
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