Griffon Corporation (“Griffon” or “the Company”) (NYSE: GFF), a diversified holding company, announced that it has appointed Les H. Ireland as President of Ames True Temper (“Ames”), the leading U.S. and a global provider of non-powered landscaping products. Since 1774, Ames products have made work easier for homeowners and professionals. Ames’ brands are among the most recognized in the industry, and include Ames®, True Temper®, Garant®, Southern Patio™, Hound Dog®, Westmix™ and Dynamic Design®, as well as professional brands such as Razor-Back®, Jackson® and UnionTools®. Ames’ customers include leading home centers, mass retailers, wholesale chains, lawn and garden centers and industrial distributors in North America, Europe and Australia.
Ronald J. Kramer, Griffon’s CEO, commented “Les Ireland has a strong operating background with extensive experience managing a leading global consumer brand. Les is a terrific addition to our management team. We expect his leadership to enhance our growth strategy for Ames.”
Mr. Ireland was previously with The Black and Decker Corporation, a leading global manufacturer and marketer of power tools and accessories, hardware and home improvement products. Mr. Ireland joined Black and Decker in 1986 and held a variety of management and leadership roles, most recently as President, North America – Power Tool & Accessory Group, a position he held from 2008 to 2010. Since 2011, Mr. Ireland has been on the advisory board of Graham Partners, a home and building products private equity firm.
Mr. Ireland will report to Eugene C. Colleran, Chief Executive Officer of Griffon’s Home & Building Products segment.About Griffon Corporation Griffon Corporation (the “Company” or “Griffon”), is a diversified management and holding company that conducts business through wholly-owned subsidiaries. Griffon oversees the operations of its subsidiaries, allocates resources among them and manages their capital structures. Griffon provides direction and assistance to its subsidiaries in connection with acquisition and growth opportunities as well as in connection with divestitures. Griffon also seeks out, evaluates and, when appropriate, will acquire additional businesses that offer potentially attractive returns on capital to further diversify itself.
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