Industry Executives Take New Bearings

Several companies in the industry have announced recent executive moves. NN Inc. (USA) announced its Chief Financial Officer, David Dyckman, has resigned effective January 14. Mr. Dyckman has held the position since 1998, and is leaving to take the post of Chief Financial Officer of Thermadyne Holdings Corp. According to SEC records, Mr. Dyckman has divested his NN shares in late December. NN has not yet announced a replacement for Mr. Dyckman. The company is a key supplier of balls, rollers, retainers and seals to the bearing industry worldwide. Bearing Inspection Inc. (USA) announced Jim Agee has rejoined the company as Vice President of Sales and Marketing. Mr. Agee, a veteran of Honeywell and McDonnell Douglas, had been with BII from 1997 to 2002, eventually rising to BII's Director of Sales. Announcing the appointment, Drew Baker, BII's President, said, "Jim was instrumental in winning many key accounts during his five-year tenure and was a major contributor in the development of a number of customer programs that resulted in unprecedented growth for the company. We're exceptionally pleased to welcome Jim back to our management team and are confident that his customer-centric approach and extensive market and technical capabilities will play an invaluable role in extending our leadership position in the future." Bearing Inspection is, "the leading independent bearing inspection and reconditioning company serving the aerospace industry." Pacamor Kubar Bearings (USA) has named Mike Selby as Vice President of Manufacturing Operations, with responsibility for all factory and engineering functions. Prior to joining Pacamor Kubar, Mr. Selby was with Miniature Precision Bearings (now a division of Timken Corp., USA) and most recently was Director of Operations for Smiths Industries, a manufacturer of medical products. Augustine Sperrazza, CEO of Pacamor, said, "Mike¡¯s experience and reputation in the industry are an excellent fit for the markets we serve. His track record for streamlining operations fits well with our strategic plan for growth in new and under-served markets." Pacamor Kubar manufactures high-precision miniature and instrument bearings.