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Velan Inc. is pleased to announce that Tom Velan has been
appointed President of Velan Inc and Ivan Velan has been appointed
Chairman of the Board in addition to retaining his current
management responsibilities. A.K. Velan will continue to be
CEO of the company.
A.K. Velan, who founded the company in 1950, said "I
am proud of what we have accomplished over the last 53 years
and I am glad that my sons will now take an even bigger role
in the company's management. Now that Tom will take over my
responsibilities as President, I will concentrate my efforts
where I can best contribute to the success of the company".
Tom Velan has been with the company for 30 years and has been
managing the international sales and overseas subsidiaries.
He will lead a strong management team of 13 Vice-Presidents
with an average of 18 years of experience with the company.
Tom Velan said " These are tough times for the valve
industry, but we are fortunate to have as a foundation for
the future, a very talented management team, experienced staff,
highly skilled workers, excellent products, world class manufacturing
facilities, a strong balance sheet, and one of the leading
valve brand names. I am glad that AK will continue to devote
his boundless energy and enthusiasm to help us succeed in
these challenging times. I am also glad that my brother Ivan
will be Chairman of the Board and I look forward to work very
closely with Ivan for many years to come."
The company is also announcing the following changes in the
responsibilities and titles of its officers: Steve Farrell
has been appointed CFO/Executive Vice-President Finance and
IT as well as Corporate Secretary; Rana Bose is appointed
to the position of Executive Vice-President Engineering, R&D,
QA, and Total Process Improvement; Andy Smith's responsibilities
have been expanded to Vice-President Procurement and Overseas
Manufacturing; Ralph Sargent has been appointed Vice-President
International Marketing and will take on additional responsibilities
in the international market; and Gil Perez has been newly
appointed to the position of Vice-President Marketing.
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 Velan
Logo (eps)
Tom
Velan Photo (jpg)
Ivan
Velan Photo (jpg)
About
Velan
Recent
News
Products
Contacts
Velan
Acquires Plenty Steam Traps (Aug. 2002)
Velan
and McJunkin Team Together (Aug. 2002) |
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Velan Inc. is a world leader in the design, manufacture and
marketing of a wide range of industrial valves to a global
market. Velan Inc. employs 1425 people and has manufacturing
facilities in 8 countries.
Corporate
Website |
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Daniel Velan
Advertising & Sales Promotion Manager
E-mail: dvelan@velanvalve.com
Tel: (514) 748-7743 Ext. 5593
Fax: (514) 748-8635
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Thank you for reading Velan's
Press Release. Please address any feedback to pr@velan.com.
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© Velan Inc. 2003, All Rights Reserved |
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Web: www.velan.com
E-Mail: info@velan.com
7007 Cote de Liesse
Montreal, QC, H4T 1G2
Canada
Tel: (514) 748-7743
Fax: (514) 748-8635
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Tom
Velan Photo (jpg)
Ivan
Velan Photo (jpg)
