John A. Young, who had worked for Colfax since it was founded in 1995 and served as its president and chief executive since 2000, resigned "by mutual agreement with the board," company chairman Mitchell P. Rales said in a conference call with analysts.
Clay H. Kiefaber was named president and CEO, effective yesterday. Kiefaber has been a member of the company's board since the initial public offering of its stock in 2008.
To read the full article please click on the link below: