Changing Places


Teleflex Inc. announced today that Benson Smith, a board member since 2005, was named chairman, president and CEO, effective immediately. He replaces Jeffrey Black, who resigned by mutual agreement with the board.

Smith, 63, spent 25 years at C.R. Bard Inc., a leading multinational medical device company, most recently as president and COO and a member of the board. Smith also is chairman of the board of Zoll Medical Corp. and a board member at Rochester Medical Corp.

"We are extremely pleased that Benson Smith has agreed to lead Teleflex at this important time in our development. With his extensive experience in health care and medical device businesses, the board is confident he is ideally suited to take Teleflex to the next level by building on our strong medical device platform," lead director William Cook said in a statement.

"On behalf of the entire board, I want to thank Jeff for his nearly 10 years of service as CEO of Teleflex and for his willingness to assist in this leadership transition," Cook added.

Teleflex today reaffirmed its 2010 earnings guidance. The company continues to expect total revenue of about $1.78 billion and diluted earnings per share from continuing operations, excluding special items, in the range of $3.85 to $3.95.

The company will release its fourth-quarter and fiscal 2010 financial results, along with 2011 guidance, on Feb. 24.

* * *

HK Research named Barry Ashton to its technical sales team.

Ashton has more than 30 years of experience in the composites industry and a strong emphasis on gelcoats. He will be responsible for developing new business, managing direct and distribution sales and providing service and technical assistance to HK Research accounts in Indiana, Illinois, Michigan, Ohio and Kentucky.

HK Research is based in Hickory, N.C

* * *

U.K. safety equipment manufacturer McMurdo appointed John Caballero to the new role of sales director for the Americas, with responsibility for growing the McMurdo and Kannad Marine brands in North and South America.

The company said the creation of this new role reflects its strengthening global position and expansion into the U.S. market. Caballero's initial focus will be to support local distribution in the launch of the Kannad Marine brand in the United States.

Caballero brings 25 years of sales and marketing experience in the marine sector. He worked in a senior role with Simrad before serving as an electronics specialist with the U.S. Coast Guard. Before joining McMurdo he was regional sales manager for Zodiac North America and he previously held positions at Brunswick Corp., Time Warner and Sea Vee Boats.

"John Caballero has an extremely strong background in marine sales and marketing and has extensive regional knowledge of the Americas," global sales director Ross Wilkinson said in a statement. "His background shows a strong customer focus and to have a candidate of this caliber joining McMurdo Ltd. is great news; we are looking forward to using Caballero's expertise in driving forward sales in the U.S. market."

* * *

The National Marine Bankers Association recently named two new directors to its board.

Mike Bryant, of Trident Funding, was approved by the membership as director and will be secretary of the association. Bob Weeks, of the International Recovery Group, was elected associate director, representing the interests of the ancillary businesses that support the NMBA.


Tommy’s Slalom Shop Adds Dealer

Boulder Boats has locations in Nevada, Arizona and California.

Trade Only Today Returns Tuesday

The daily e-newsletter will not publish Monday, Jan. 18, in observance of Martin Luther King Day.

Mercury and Crownline Make Supply Pact

Under the agreement, Mercury will be the exclusive outboard and sterndrive supplier for the boatbuilder.

Sea Tow Makes Executive Appointment

Thomas Spina, who has more than 25 years of maritime experience in a variety of roles, was named vice president of franchise operations.

Quick Hits: January 15, 2021

IBEX seeks proposals for session topics; Sensible Yacht Cordage changes hands

Godfrey Marine to Host Virtual Showcase

The event is to take place Jan. 23 and will include Godfrey pontoons and Hurricane deckboats.

Boat Shows Throttling Up

2021 is bringing a new paradigm to the winter boat show season.

Correct Craft Plans Expansions

The moves will allow additional growth for Nautique, Supreme, Ingenity and Watershed Innovation.