Nordson's CEO To Retire, Successor Sought

WESTLAKE, Ohio (AP) — Nordson Corp., which makes precision dispensing equipment, said Wednesday that Edward P. Campbell, its president, chief executive and chairman, intends to retire early next year.

Campbell, 59, will remain until the board picks a successor. That process, expected to take until the end of the year, will consider internal and external candidates.

Campbell, who joined Nordson in 1988 as corporate vice president, also said he will retire from the board after the CEO transition.

In afternoon trading, shares rose 83 cents, or 2.4 percent, to $36.03.