Kimball International, Inc. (NASDAQ: KBALB) today announced new appointments and changes among its executive leadership, reflecting the Company’s ongoing commitment to long-range development of its management team and recognition of professional growth.
The organizational realignment supports Kimball’s commitment to accelerated growth and margin improvement in the hospitality furniture market.“Kimball Hospitality’s leadership in the hospitality furniture market is an important accomplishment for the Furniture segment of Kimball International, and reflects the effective work and excellent dedication of the complete Kimball Hospitality team. I am confident that the leadership, disciplined effective execution and teambuilding skills of Schneider and Bomholt will continue and expand upon this success and the superior service our customers currently receive,” says Jim Thyen, President and CEO of Kimball International. During the past ten years, the Company has successfully positioned the Kimball Hospitality brand as the industry leader in furnishings for hotels, resorts and casinos, and has established the hospitality market as a significant component of the Furniture segment of parent company, Kimball International. Kimball Hospitality recently expanded its domestic production capability to further strategically position its brand as the premier choice for customers requiring specialized designs, timely delivery and effective execution of orders in North American markets. Stan Sapp, President of Kimball Hospitality Group, will be pursuing other interests and will be leaving the Company, effective March 1st. About Kimball International: Recognized with a reputation for excellence, Kimball International is committed to a high performance culture that values personal and organizational commitment to quality, reliability, value, speed, and ethical behavior. Kimball employees know they are part of a corporate culture that builds success for Customers while enabling employees to share in the Company’s success through personal, professional and financial growth. Kimball International, Inc. (NASDAQ: KBALB) provides a variety of products from its two business segments: the Electronic Manufacturing Services segment and the Furniture segment. The Electronic Manufacturing Services segment provides engineering and manufacturing services which utilize common production and support capabilities to a variety of industries globally. The Furniture segment provides furniture for the office and hospitality industries, sold under the Company’s family of brand names.
To learn more about Kimball International, Inc., visit the Company’s website on the Internet at: www.kimball.com“Kimball International … We Build Success!”