Milacron CEO Ron Brown to Retire
April 18 2008 - 9:00AM
Business Wire
Milacron Inc. (NYSE: MZ), a leading global supplier of
plastics-processing technologies and industrial fluids, announced
today that chairman, president and chief executive officer Ronald
D. Brown intends to retire by the end of the year. The company�s
board of directors has formed a search committee to find a
successor. Brown will continue in his current capacity until a
successor is named and will work with his successor to assure a
smooth transition. �The board and I would like to thank Ron for his
dedication and exceptional leadership in his 28 years of
outstanding service to Milacron,� said Larry D. Yost, lead director
of the board. �Among his many accomplishments, Ron has been
instrumental in transforming Milacron into a truly global company
by significantly expanding our presence outside the United States.
We wish him the best of luck in his retirement.� �I am honored to
have had the opportunity to lead a great organization like
Milacron,� Brown said. �While the current economic environment is
certainly challenging, I am very optimistic about Milacron�s
long-term prospects. I would like to thank all Milacron
stakeholders for their support over the years, particularly my
fellow employees, whose unwavering dedication and commitment to
finding a better way is why Milacron has maintained global
leadership in plastics technologies and industrial fluids.� Brown
first joined Milacron in 1980. He served in positions of increasing
responsibility over the years, including chief financial officer,
president and chief operating officer, before being elected
chairman and chief executive officer in 2001. First incorporated in
1884, Milacron is a leading global supplier of plastics-processing
technologies and industrial fluids, with major manufacturing
facilities in North America, Europe and Asia. For further
information, visit www.milacron.com or call Milacron�s toll-free
investor line: (800) 909-6452. Photo:
ftp://ftp.milacron.com/Photo/Officers
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