Labels for Safety, Visuals and Facility ID Desktop Printers
Labels for Product, Wire and Lab ID Benchtop Printers
Labels for Safety, Visuals and Facility ID Desktop Printers
Labels for Product, Wire and Lab ID Benchtop Printers
Safety and Facility ID Desktop Printers
Product, Wire and Lab ID Benchtop Printers
Barcode Scanners and RFID Readers
PaintStripe Floor Marking Stencils
Valve Lockouts & Hose Lockouts
Group Lock Boxes & Permit Control
Pipe Marker Accessories & Mounting Brackets
Maintenance and Production Tags
Calculators and Assessment Tools
Product Finders and Data Sheets
Brady Corporation
“We are grateful for the service and leadership Frank has provided over
the past decade, and we wish him well in the future,” said
“I have enjoyed working with an exceptional group of talented and
special people, and I want to thank all of Brady's employees, leadership
team and the Board of Directors for their support over the years. I am
confident that the company is positioned well for the future and will
succeed in its plans and continue to be a leader in its markets. I wish
Goodkind said that Felmer will retain his responsibilities as CFO and Senior Vice President while the Board conducts a search for a new President and CEO.
“Tom has broad business experience and nearly 25 years with Brady. The Board is confident that he will do a great job while the search for Brady’s next leader is conducted,” Goodkind added. “We have a strong leadership team in place that is committed to growing shareholder value and continuing our goal of exceeding customer expectations.”
Goodkind said the changes are effective immediately and that the search for a new President and CEO will begin as soon as possible.
In this news release, statements that are not reported financial results
or other historic information are “forward-looking statements.” These
forward-looking statements relate to, among other things, the Company's
future financial position, business strategy, targets, projected sales,
costs, earnings, capital expenditures, debt levels and cash flows, and
plans and objectives of management for future operations. The use of
words such as “may,” “will,” “expect,” “intend,” “estimate,”
“anticipate,” “believe,” “should,” “project” or “plan” or similar
terminology are generally intended to identify forward-looking
statements. These forward-looking statements by their nature address
matters that are, to different degrees, uncertain and are subject to
risks, assumptions, and other factors, some of which are beyond Brady's
control, that could cause actual results to differ materially from those
expressed or implied by such forward-looking statements. For Brady,
uncertainties arise from: Implementation of the Workplace Safety
strategy; the length or severity of the current worldwide economic
downturn or timing or strength of a subsequent recovery; future
financial performance of major markets Brady serves, which include,
without limitation, telecommunications, hard disk drive, manufacturing,
electrical, construction, laboratory, education, governmental, public
utility, computer, healthcare and transportation; future competition;
changes in the supply of, or price for, parts and components; increased
price pressure from suppliers and customers; Brady's ability to retain
significant contracts and customers; fluctuations in currency rates
versus the U.S. dollar; risks associated with international operations;
difficulties associated with exports; risks associated with obtaining
governmental approvals and maintaining regulatory compliance; Brady's
ability to develop and successfully market new products; risks
associated with identifying, completing, and integrating acquisitions;
risks associated with divestitures and businesses held for sale; risks
associated with restructuring plans; environmental, health and safety
compliance costs and liabilities; risk associated with loss of key
talent; risk associated with product liability claims; technology
changes and potential security violations to the Company's information
technology systems; Brady's ability to maintain compliance with its debt
covenants; increase in our level of debt; potential write-offs of
Brady's substantial intangible assets; unforeseen tax consequences;
risk, associated with our ownership structure; and numerous other
matters of national, regional and global scale, including those of a
political, economic, business, competitive, and regulatory nature
contained from time to time in Brady's
Source:
Brady Corporation
Aaron Pearce 414-438-6895
[email protected]