NEW YORK--(BUSINESS WIRE)--Jun. 2, 2015--
Griffon Corporation (NYSE:GFF), a diversified holding company, announced
that Brian G. Harris has been named Senior Vice President and Chief
Financial Officer, effective August 1, 2015. Mr. Harris has served as
Vice President and Controller of Griffon since November 2012, and as
Chief Accounting Officer since July 2009. He will report to Robert F.
Mehmel, Griffon’s President and Chief Operating Officer.
Mr. Harris will succeed Douglas J. Wetmore, currently Executive Vice
President and Chief Financial Officer, who will be retiring effective
July 31, 2015. Mr. Wetmore will continue with Griffon in a consulting
capacity to assist the Company and Mr. Harris with transition and
certain other matters.
Ronald J. Kramer, Griffon’s Chief Executive Officer, commented: “One of
our objectives at Griffon is to attract and develop management talent.
We are pleased that Brian, a highly respected member of our financial
team, will succeed Doug as Chief Financial Officer. During Doug's tenure
as CFO, Griffon has significantly strengthened its accounting, tax and
internal control functions. We thank Doug for his contributions to
Griffon’s success and wish him the best in his retirement.”
About Griffon Corporation
Griffon Corporation is a diversified management and holding company that
conducts business through wholly-owned subsidiaries. Griffon oversees
the operations of its subsidiaries, allocates resources among them and
manages their capital structures. Griffon provides direction and
assistance to its subsidiaries in connection with acquisition and growth
opportunities as well as in connection with divestitures. In order to
further diversify, Griffon also seeks out, evaluates and, when
appropriate, will acquire additional businesses that offer potentially
attractive returns on capital.
Griffon currently conducts its operations through three business
segments:
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Home & Building Products consists of two companies, The AMES
Companies, Inc. (“AMES”) and Clopay Building Products Company, Inc.
(“CBP”):
-
AMES is a global provider of non-powered landscaping products for
homeowners and professionals.
-
CBP is a leading manufacturer and marketer of residential,
commercial and industrial garage doors to professional installing
dealers and major home center retail chains.
-
Telephonics Corporation designs, develops and manufactures
high-technology, integrated information, communication and sensor
system solutions for military and commercial markets worldwide.
-
Clopay Plastic Products Company, Inc. is an international leader in
the development and production of embossed, laminated and printed
specialty plastic films used in a variety of hygienic, health-care and
industrial applications.
For more information on Griffon and its operating subsidiaries, please
see the Company’s website at www.griffoncorp.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150602005730/en/
Source: Griffon Corporation
Griffon Corporation
Douglas
J. Wetmore, 212-957-5000
Chief Financial Officer
or
Investor
Relations:
Michael Callahan,
203-682-8311
Senior Vice President
ICR Inc.