Twin Disc names new CEO

Author:
Updated:
Original:

Twin Disc, the power transmission equipment maker, said today that its board elected company veteran John Batten as its next president and CEO.

Current chairman and CEO Michael Batten will retire as an employee this year after spending 30 years as the head of the company, according to the Associated Press. He will stay on as non-executive chairman.

John Batten, 47, will become CEO on Nov. 1, the company told the AP. He began working at the Racine, Wis.-based company in 1996 as an application engineer. Most recently, he was Twin Disc's chief operating officer.

Michael Batten, 73, will retire as an employee on Dec. 31, and continue to be a non-executive chairman of the board of directors. He has been CEO of the company since 1983 and first joined Twin Disc in 1970.

The company’s shares finished at $21.64 on Monday.

Click here for the full report.

Related

ABYC Foundation Seeks Nominations for Educator Award

The award recognizes “an outstanding instructor who is shaping future marine service technicians.”

P.R. Firm Rushton Gregory Signs ePropulsion

The Chinese manufacturer of electric propulsion products introduced a standardized lineup earlier this year.

Dometic Updates Pro-Trim System

The new design allows boaters to trim the outboard and adjust the jack plate without removing their hands from the wheel.

Brunswick Partners with Carnegie Robotics

Through the alliance, Brunswick aims to enhance its autonomous technology offerings.

Nicole Vasilaros to Depart NMMA

The group credits the senior vice president of government and legal affairs for “countless contributions to the protection and expansion of the recreational boating industry.”

Site Unseen

A website is often the first interaction a customer will have with a dealership, but it must provide more than an online brochure or they will click elsewhere.

C.G. Amends Documentation Rules

Federally documenting a boat now must be done every five years, rather than annually.

The 2021 Top 10 Most Innovative Marine Companies Awards

The marine industry consistently honors products and people. The industry, however, has not recognized forward-thinking companies that are moving the industry in new directions. Soundings Trade Only’s mission is to reflect, inform and inspire.