READING, Pa., Sept. 22, 2015 /PRNewswire/ -- EnerSys (NYSE:
ENS) the world's largest manufacturer, marketer and distributor of
industrial batteries announced that John D.
Craig, Chief Executive Officer will be retiring as Chief
Executive Officer effective March 31,
2016. David M. Shaffer has
been named President, Chief Executive Officer and Chief Operating
Officer effective April 1, 2016. Mr.
Shaffer will become a member of the board of directors of the
Company on April 1, 2016.
Mr. Craig joined the Company's predecessor in 1994 and was named
Chairman, President and CEO in 2000 when he led the management
buyout of the Company forming EnerSys. Since that time the
Company's revenue has grown from $400
million to $2.5 billion while completing 33 acquisitions.
Mr. Craig will continue as non-executive chairman of the board of
directors of EnerSys following his retirement.
Mr. Shaffer joined EnerSys in 2005 serving most recently as
President and Chief Operating Officer since November 2014, prior to that he served as
President of the Company's Europe,
Middle East & Africa (EMEA) business and as President of
Asia prior to that. He has held
positions with increasing responsibility in the battery industry
since 1989. Mr. Shaffer holds a Master in Business Administration
degree from Marquette University and a
Bachelor of Science degree in Mechanical Engineering from the
University of Illinois.
Richard W. Zuidema, Executive
Vice President of the Company, has announced his retirement as of
December 31, 2015. Todd M. Sechrist, President EMEA will assume the
role of Executive Vice President effective January 1, 2016.
Mr. Zuidema joined the Company's predecessor in 1998 and was a
member of the group who completed the 2000 management buyout. He
has been a significant contributor to the success of the Company
and to assure a smooth transition he intends to assume a consulting
role with the Company effective January 1,
2016.
Mr. Sechrist joined EnerSys' predecessor company in 1993 and
currently serves as President EMEA. Prior to that he served as
President of the Company's Americas business. He has held several
positions with increasing responsibilities with the Company. Mr.
Sechrist received his Master of Business Administration degree in
Finance from St. Joseph's
University and a Bachelor of Science degree in Finance from
Pennsylvania State University.
Holger P. Aschke, Vice President
Reserve Power Sales and Marketing for EMEA, has been appointed
President EMEA effective January 1,
2016 replacing Mr. Sechrist. Mr. Aschke joined a predecessor
company in 1996 and has held a wide range of operational and sales
roles in the Company's EMEA business.
Also effective January 1, 2016,
Michael J. Schmidtlein will be
appointed Executive Vice President Finance and Chief Financial
Officer. Mr. Schmidtlein has served as Senior Vice President
Finance and Chief Financial Officer since 2010, having previously
been Vice President Finance and Chief Financial Officer.
EDITOR'S NOTE:
EnerSys, the global leader in stored energy solutions for
industrial applications, manufactures and distributes reserve power
and motive power batteries, battery chargers, power equipment,
battery accessories and outdoor equipment enclosure solutions to
customers worldwide. Motive power batteries and chargers are
utilized in electric forklift trucks and other commercial electric
powered vehicles. Reserve power batteries are used in the
telecommunication and utility industries, uninterruptible power
supplies, and numerous applications requiring stored energy
solutions including medical, aerospace and defense systems. Outdoor
equipment shelter products are utilized in the telecommunication,
cable, utility, transportation industries and by government and
defense customers. The company also provides aftermarket and
customer support services to its customers from over 100 countries
through its sales and manufacturing locations around the world.
For more information contact:
Richard Zuidema, Executive Vice
President, EnerSys, 2366 Bernville Road, Reading, PA, 19605, USA, Tel: 800-538-3627
Website: http://www.enersys.com
Caution Concerning Forward-Looking Statements
Although EnerSys does not make forward-looking statements unless
it believes it has a reasonable basis for doing so, EnerSys cannot
guarantee their accuracy. The foregoing factors, among
others, could cause actual results to differ materially from those
described in these forward-looking statements. For a list of
other factors which could affect EnerSys' results, including
earnings estimates, see EnerSys' filings with the Securities and
Exchange Commission, including "Item 2. Management's Discussion and
Analysis of Financial Condition and Results of Operations,"
including "Forward-Looking Statements," set forth in the Company's
Quarterly Report on Form 10-Q for the period ended June 28, 2015. No undue reliance should be
placed on any forward-looking statements.
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SOURCE EnerSys