Frederic M. Burditt to Join CIRCOR International as Chief Financial Officer
29 January 2008 - 3:39AM
PR Newswire (US)
BURLINGTON, Mass., Jan. 28 /PRNewswire-FirstCall/ -- CIRCOR
International, Inc. (NYSE:CIR) a leading provider of valves and
fluid control products for the instrumentation, aerospace, thermal
fluid and energy markets, today announced that Frederic M. Burditt
has agreed to join the Company, effective February 11, 2008, as its
Vice President, Chief Financial Officer and Treasurer, succeeding
Kenneth W. Smith whose retirement plans the Company had previously
announced. For the past seven years, Mr. Burditt has served as
Chief Financial Officer of Danaher Tool Group, a large division of
Danaher Corporation, a diversified manufacturer known for its
world-class implementation of lean operating principles. Prior to
joining Danaher in 2001, Mr. Burditt had served as Chief Financial
Officer of MedSource Technologies, Inc., a contract medical device
manufacturing and engineering services provider, and prior to that,
he spent eighteen years in positions of increasing responsibility
with The Stanley Works, including financial responsibility for a
$2.5 billion manufacturing organization operating in 30 countries.
Commenting on Mr. Burditt's hiring, David A. Bloss, Sr., the
Company's Chairman and CEO, stated, "We are fortunate and excited
to attract a new finance leader with Fred's diversified, global
operational and financial experience. With Bill Higgins expected to
assume the CEO position March 1st, I am confident that Fred's
demonstrated ability to lead within a world-class lean operating
culture will benefit us greatly as Bill guides us on our continued
journey toward operational excellence." Mr. Bloss continued, "I
also want to once again thank Ken Smith not only for his commitment
and leadership during the past eight years, but also for deferring
his retirement in order to ensure a smooth succession." DATASOURCE:
CIRCOR International, Inc. CONTACT: A. William Higgins, President
and Chief Operating Officer of CIRCOR International, Inc.,
+1-781-270-1200
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