- This topic has 0 replies, 1 voice, and was last updated 7 years, 4 months ago by
.
-
Posts
-
Turbon : CEO Of U.S. Operations Al DeLuca, Will Be Leaving In February 2017
Continues Restructuring Of U.S. Operations
By Michelle Sturman.
Aftermarket imaging supplies manufacturer Turbon has said it is making progress in the reorientation of the business.The news comes as the Germany-based business announced that the current CEO of its US operations, Al DeLuca, will leave in February 2017. While the company did not give a reason for the departure, it did say that it has been “dissatisfied” with the business in the US and is responding accordingly, including the continuation of a cost-savings and restructuring programme.
As part of this ongoing strategy, Turbon enlisted the expertise of manufacturer rep group Highlands in October and from December will add two members to its US management team. Timothy Clark will join as Sales and Marketing Director North America and Simon McCouaig will rejoin as a member of the board – he was originally a member of the board from 2007-2014.
For the first nine months of 2016, sales for Turbon fell to €71 million ($75 million) compared to €80 million in the same period last year, while EBIT fell from €5.4 million to €4.7 million.
https://www.opi.net/category/it-eos/turbon-continues-restructuring-us-operations/
- You must be logged in to reply to this topic.