logo
Share SHARE
FONT-SIZE Plus   Neg

Steven Simms Appointed As Chief EXecutive Officer At Colfax Corp- Quick Facts

Colfax Corporation (CFX) Monday announced that Steven E. Simms has been appointed as the Chief Executive Officer of the company with immediate effect.

Steven Simms will succeed Clay Kiefaber, who has been named as the new CEO of Colfax's ESAB business, which was recently acquired by the company in the Charter International transaction.

Simms has more than 20 years of senior executive experience at leading global corporations. He spent 11 years from 1996 to 2007 in increasingly senior positions at Danaher, a Fortune 200 science and technology leader that designs, manufactures, and markets innovative products and services to professional, medical, industrial, and commercial customers.

Mitchell P. Rales, Chairman of the Board of Colfax, said, "Steve Simms is a world-class executive, and we are thrilled that he has agreed to join Colfax on a full-time basis at this critical stage in the Company's growth and strategic development. Steve has deep international, strategic and operational experience, as well as a strong track record of successfully integrating acquisitions and increasing profitability, making him the ideal leader for Colfax at this inflection point in the company's size and complexity. .."

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
United Parcel Service, Inc. has started to test the use of drones to make commercial deliveries of packages to remote or difficult-to-access locations. On Thursday, the package delivery giant and drone-maker CyPhy Works staged a mock delivery of urgently needed medicine from Beverly, Massachusetts to Children's Island, which is about three miles off the Atlantic coast. Luxury electric car maker Tesla Motors Inc. (TSLA), Thursday filed a lawsuit against state officials over its right to sell vehicles directly to consumers in Michigan. The lawsuit has been filed against Governor Rick Snyder, Secretary of State Ruth Johnson and Attorney General Bill Schuette as defendants. Tesla... e.l.f. Beauty (ELF), a maker of cosmetic products, priced its initial public offering above its target range and raised about $141 million. The Oakland-based company opened sharply up on Thursday's trading on the New York Stock Exchange. The company said it sold about 8.3 million shares at $17 in...
comments powered by Disqus
Follow RTT