CLEVELAND, OHIO--(BUSINESS WIRE)--The Board of Directors of Park-Ohio Holdings Corp. (NASDAQ: PKOH) today announced that the Company’s Board of Directors has elected Matthew V. Crawford Chairman and Chief Executive Officer, effective immediately. Edward F. Crawford was elected President and will remain as a member of the Board of Directors.
Matthew Crawford has served as President and Chief Operating Officer of Holdings and its operating subsidiary, Park-Ohio Industries, Inc., since 2003 and as a director since 1997.
ParkOhio is a diversified international company providing world-class customers with a supply chain management outsourcing service, capital equipment used on their production lines, and manufactured components used to assemble their products. Headquartered in Cleveland, Ohio, ParkOhio operates more than 125 manufacturing sites and supply chain logistics facilities, through three reportable segments: Supply Technologies, Assembly Components and Engineered Products.