First Business

October 08, 2013

Brady Corp. CEO Frank Jaehnert retires

In a sudden announcement Monday morning, Brady Corp. said president and CEO Frank Jaehnert will retire and CFO and senior vice president Tom Felmer has been named interim president and CEO.

The change is effective immediately, and the search for a new president and CEO will begin â;€Âoe;as soon as possible,â;€Â; said Conrad Goodkind, the lead independent director of Bradyâ;€™s board. The board requested Jaehnert stay on as a consultant until Dec. 31 to help with the transition.â;€Âoe;We are grateful forâ;€¦;

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