Kaydon Corporation (NYSE: KDN) today announced that its Board of Directors has elected Therese Houlahan as Treasurer of Kaydon Corporation, effective immediately. Ms. Houlahan has served as Assistant Treasurer since joining Kaydon in 2010. Prior to joining Kaydon, she held the positions of Director, Corporate Treasury at Alberto Culver Company and Assistant Treasurer at Hayes Lemmerz International, Inc. During this time, Therese has gained valuable experience in global treasury, corporate finance, foreign exchange management, investments, mergers and acquisitions, investor relations and systems implementation support. Ms. Houlahan has a BA degree in Economics and a MBA in Finance, both from the University of Michigan, and is a Certified Treasury Professional. James O’Leary, Chairman and Chief Executive Officer, commented, “We are pleased to recognize Therese’s many contributions to Kaydon’s finance team during her time at Kaydon. In her expanded role, Therese will continue to enhance Kaydon’s treasury operations, develop our important banking relationships, and support communications with our investor constituencies.” About Kaydon Kaydon Corporation is a leading designer and manufacturer of custom engineered, performance-critical products, supplying a broad and diverse group of industrial, military, alternative energy, aerospace, medical and semiconductor equipment, and aftermarket customers.
Kaydon Corporation (NYSE:KDN) hit a new 52-week low Friday as it is currently trading at $20.58, below its previous 52-week low of $20.67 with 8,657 shares traded as of 9:33 a.m. ET. Average volume has been 359,900 shares over the past 30 days.