John Brown, Chief Executive Officer of world-leading tube bending and end-forming technology specialists, AddisonMckee, has announced his phased retirement commencing January 1st 2009. Having originally joined the business in 1984, John Brown has provided twenty-five years of dynamic leadership and played a major role in developing AddisonMckee into the world-class, multi-million dollar technology manufacturer that is well known across automotive manufacturing, aerospace, shipbuilding, as well as numerous other sectors. He will remain in the group as President of European and Asian Operations during an extended interim phase ensuring a smooth transition and the completion of several on-going strategic projects. As part of a carefully planned succession strategy, designed to ensure AddisonMckee maintains a consistent strategic approach to the market and its rapid growth, Joe Eramo, currently President of AddisonMckee in North and South America, will take over as global CEO. "Since joining our business seven years ago, " comments Mr. Brown, "Joe Eramo has demonstrated his leadership abilities and success by guiding the North American division of AddisonMckee to six consecutive years of record sales revenue and been the recipient of two widely recognized lean manufacturing awards. It will therefore, come as no surprise that I appoint him as my successor." Comments Mr. Eramo, "John Brown has been instrumental in the globalization of AddisonMckee and I look forward to the challenge of continuing the execution of our plans for the benefit of our customers and our associates."

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