BUFFALO, N.Y.--(BUSINESS WIRE)--Columbus McKinnon Corporation (NASDAQ: CMCO), a leading designer, manufacturer and marketer of motion control products, technologies and services for material handling, today announced the appointment of Mario Y. Ramos as Vice President, Global Product Development. In this role, Mr. Ramos will be responsible for product development, engineering and product management. He will lead the product development strategy including the strategic planning process, product development execution, technology partnerships and product launch coordination. He will work closely with the leadership team to establish go-to-market strategies and portfolio optimization initiatives.
Mr. Ramos brings to Columbus McKinnon a wealth of success leading new product development efforts at Schneider Electric where he was instrumental in the development of products incorporating both hardware and software. In his leadership roles over the last 18 years, Mr. Ramos was also responsible for technology and product roadmaps, product management, strategic marketing, and partnership integrations. He also developed centers of excellence in North America and supported the product digital web evolution to improve customer engagement.
Mark D. Morelli, President and Chief Executive Officer, commented, “Mario Is a great addition to the Columbus McKinnon team, especially as we progress into Phase II of our Blueprint 2021 strategic plan. He brings the leadership skills and experience needed to create our new product development program, a key element of our effort to ramp our growth engine. I am confident Mario will be a great contributor in our transformation into a leading industrial technology company.”
Mr. Ramos holds a Bachelor of Science in Mechanical Engineering from Universidad de las Americas, a Master of Science in Mechanical Engineering from Lehigh University, and a Master of Business Administration from Vanderbilt University.
About Columbus McKinnon
Columbus McKinnon is a
leading worldwide designer, manufacturer and marketer of motion control
products, technologies, systems and services that efficiently and
ergonomically move, lift, position and secure materials. Key products
include hoists, cranes, actuators, rigging tools, light rail work
stations and digital power and motion control systems. The Company is
focused on commercial and industrial applications that require the
safety and quality provided by its superior design and engineering
know-how. Comprehensive information on Columbus McKinnon is available at http://www.cmworks.com.
Safe Harbor Statement
This news release contains
“forward-looking statements” within the meaning of the Private
Securities Litigation Reform Act of 1995. Such statements include, but
are not limited to, statements concerning future revenue and earnings,
involve known and unknown risks, uncertainties and other factors that
could cause the actual results of the Company to differ materially from
the results expressed or implied by such statements, including general
economic and business conditions, conditions affecting the industries
served by the Company and its subsidiaries, conditions affecting the
Company's customers and suppliers, competitor responses to the Company's
products and services, the overall market acceptance of such products
and services, the effect of operating leverage, the pace of bookings
relative to shipments, the ability to expand into new markets and
geographic regions, the success in acquiring new business, the
capabilities to develop and launch new products, the ability to
integrate digital technology into products and the effectiveness of new
products and other factors disclosed in the Company's periodic reports
filed with the Securities and Exchange Commission. The Company assumes
no obligation to update the forward-looking information contained in
this release.
