Blount International (BLT) Announces CEO Succession Plan
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Blount International, Inc. (NYSE: BLT) announced succession plan for its Chief Executive Officer position.
Under the plan, Joshua L. Collins will join the Company effective October 15, 2009 as its President, Chief Operating Officer and CEO Designate. James S. Osterman, the Company's Chairman and Chief Executive Officer, will retire as an employee on January 4, 2010. Upon Mr. Osterman's retirement, Mr. Collins will assume the position of Chief Executive Officer and retain the President position. Mr. Osterman will remain Chairman of the Board of Blount until the 2010 Annual Meeting of Stockholders in May.
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