This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Blount Announces Executive Retirement And Supply Chain And Manufacturing Management Changes

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."   

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,050.75 +138.46 0.82%
S&P 500 1,995.83 +15.91 0.80%
NASDAQ 4,810.7880 +19.6360 0.41%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs