– USA, IN – Haynes International, Inc. (NASDAQ:HAYN), a leading developer, manufacturer and marketer of technologically advanced high-performance alloys, announced today that its Board of Directors has unanimously appointed Michael Shor as the Company’s President and Chief Executive Officer, effective September 1, 2018. Mr. Shor has served as Interim President and Chief Executive Officer of the Company since May 29, 2018, is a thirty-year veteran of the metals industry and has been a member of the Board of Directors of the Company since 2012, serving as its Chairman from 2017 until his appointment as President and Chief Executive Officer. In his last position as Executive Vice President of Carpenter Technology Corporation, Mr. Shor was responsible for the performance of Carpenter Technology’s operating divisions.
“As I step into this role, I am truly energized when I see and understand the significant potential that exists within Haynes,” said Shor. “Haynes has excellent hard-working people, terrific technology, innovative specialty alloys and products and significant opportunities for growth.”
Following his election as President and CEO, Mr. Shor stepped down as Chairman of the Board of Directors of the Company and will continue as a director of the Company. Robert H. Getz, a current director of the Company, has been elected by the Board to replace Mr. Shor as Chairman.
“On behalf of the Board, I am pleased that Michael Shor has accepted the position as the Company’s President and CEO,” said board Chairman Robert Getz. “The board assessed and concluded that Michael Shor’s experience, expertise and commitment are very well suited to achieving the strategic goals of Haynes.”
About Haynes International
Haynes International, Inc. is a leading developer, manufacturer and marketer of technologically advanced, high performance alloys, primarily for use in the aerospace, industrial gas turbine and chemical processing industries.
For more information : http://www.haynesintl.com
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