Brink’s (BCO) CEO Dan to Retire
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The Brink’s Company (NYSE: BCO), a global leader in security-related services, today announced the retirement of Michael T. Dan as President and Chief Executive Officer and a member of the Board of Directors on December 23, 2011. Mr. Dan, began his career at Brink’s in 1982. He has served as President and Chief Executive Officer of Brink’s since 1998 and as Chairman of the Board of Directors since 1999.
The Board of Directors has appointed Thomas C. Schievelbein to serve as interim Executive Chairman for the remainder of the calendar year. Effective December 24, 2011, the Board has appointed Mr. Schievelbein as interim President and Chief Executive Officer. Mr. Schievelbein, a member of the Brink’s Board of Directors since 2009, has extensive leadership experience and knowledge of the Company, as well as broad operational, business technology development and risk mitigation and control experience.
The Board of Directors has appointed Thomas C. Schievelbein to serve as interim Executive Chairman for the remainder of the calendar year. Effective December 24, 2011, the Board has appointed Mr. Schievelbein as interim President and Chief Executive Officer. Mr. Schievelbein, a member of the Brink’s Board of Directors since 2009, has extensive leadership experience and knowledge of the Company, as well as broad operational, business technology development and risk mitigation and control experience.
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