Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

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

Colfax Corporation (CFX: Quote) 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. .."

Register
To receive FREE breaking news email alerts for Colfax Corporation and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
A number of major retailers will be open on Thanksgiving for early Black Friday shopping events. Kohl's department stores will kick off Black Friday sales two hours earlier this year, at 6 p.m. Thanksgiving Day, while Macy's, Bon-Ton and Best Buy will open at the same time. J.C. Penney and Sears... Twitter Inc. has replaced its head of product Daniel Graf just six months after luring him over from Google, according to multiple reports. Graf, previously known for his work leading Google Maps, will retain his vice president of product title and work on Twitter's geolocation features, the Wall... LinkedIn Corp., the world's largest online professional network, said Thursday after the markets closed that its third quarter loss widened slightly from last year, as higher costs and expenses more than offset a 45% increase in revenue. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations as did its quarterly revenue.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.