Tom Giacomini Named
President of Warn Industries
CLACKAMAS, Ore. (June 30, 2005) - Warn Industries announced today that
Chief Operating Officer Tom Giacomini has been named President of the company,
effective July 1, 2005. Giacomini replaces Jon Kreitz, who is retiring from the top
management position at Warn Industries at the end of the year.
Kreitz will remain with Warn Industries in a scaled-back role through
December and work closely with Giacomini in the leadership transition.
"It is an honor to take over the reigns of Warn Industries and
continue the vision that has guided this company for nearly 60
years," said Giacomini. "All of the employees of Warn Industries thank Jon
for his years of service and wish him the best in the future."
Kreitz joined Warn Industries in 1994 and served as President and
CEO since 2000, when he led the leveraged buyout of the company from
Mike Warn, the grandson of the company's founder. In 2003 he was
instrumental in securing the company's acquisition by Dover Corporation.
During his tenure as President, Kreitz transitioned the business from
a family-owned company to a multi-faceted international organization that has
realized tremendous growth in new areas such as the powersports industry, the
industrial market and the power tool category.
Giacomini began his career with Warn Industries in 1993 when he established the
company's Technical Center in Livonia, Mich. In 2000, he moved to the corporate
headquarters in Clackamas, Ore., to join Kreitz as a key member of the management
team that led the leveraged buyout.
Giacomini holds an MBA from Northwestern's Kellogg School of Management
and an undergraduate degree in engineering.
About Warn Industries
Warn Industries is the world's most recognized brand in off-road products such
as hub locks and vehicle recovery winches. The company designs, manufacturers
and markets a full line of off-road equipment and accessories that enhance the
performance of four-wheel-drive and powersport vehicles. Warn Industries employs
more than 600 people in and around Portland, Ore., Livonia, Mich., and The Netherlands.
Warn Industries is a Dover company (NYSE:DOV).
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