PORTLAND, Ore., Oct. 22, 2013 /PRNewswire/ -- Blount International, Inc. (NYSE: BLT) ("Blount" or "Company") announced today that Kenneth O. Saito, Senior Vice President – Supply Chain and Manufacturing Operations will retire from the Company, effective December 31, 2013. Mr. Saito joined the Company in March 1973, and he has held various positions, including Senior Vice President ‑ Manufacturing & Operations, President of the Oregon Cutting Systems Group, and Senior Vice President ‑ Finance & Administration of Oregon Cutting Systems Group.
"Ken has had a remarkable career with Blount over the past 40 years. His leadership has contributed significantly to our success in becoming a leading company within our industry," stated Josh Collins, Blount's Chairman and CEO. "We offer him our congratulations and best wishes as he transitions over the coming months to a well-deserved retirement."
In advance of his retirement, Mr. Saito's responsibilities will be divided among three new positions. David K. Parrish, currently Blount's Vice President of Supply Chain, has been elected Senior Vice President – Global Supply Chain by the Company's Board of Directors, effective November 1, 2013.
Also, William C. Alford, currently Blount's Vice President of Continuous Improvement and Quality, and Manager of Portland Metro Manufacturing Operations, will assume the role of Vice President – FLAG Manufacturing and will be responsible for all FLAG manufacturing operations worldwide. Lastly, Jeffrey S. Moore, currently Vice President of Manufacturing Development, will become Vice President – Operational Excellence. Mr. Moore will be responsible for global continuous improvement efforts, including lean deployment and quality systems, and environmental, health, and safety (EH&S) initiatives."We are fortunate to have strong leaders within the organization to step up and fill the roles needed to continue the significant progress we have made within our manufacturing and supply chain organization," stated Mr. Collins. "David, Bill, and Jeff have worked closely with Ken in recent years, which will support a seamless transition over the coming months."
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV