October 12, 2013

Brady Corp. CEO retirement not a health or family issue

Frank Jaehnertâ;€™s abrupt and unexpected retirement as president and CEO of Brady Corp. does not appear to be related to a health or family issue, according to a Robert W. Baird & Co. Inc. financial analyst who covers the Milwaukee-based company.

Brady announced Jaehnertâ;€™s retirement on Oct. 7 with virtually no explanation of the reasons behind the decision.â;€Âoe;My understanding is that itâ;€™s not a family issue and itâ;€™s not a health issue surrounding Frank,â;€Â; said Mig Dobre, a Milwaukee-basedâ;€¦;

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