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Strategies & Market Trends : Speculating in Takeover Targets
CTG 10.48+0.1%Dec 5 3:51 PM EST

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To: richardred who wrote (2008)3/17/2008 11:51:11 AM
From: richardred  Read Replies (1) of 6850
Griffon Names Kramer As Its New CEO
Monday March 17, 9:40 am ET
Griffon Names Ronald Kramer Chief Executive to Succeed Retiring Harvey Blau

JERICHO, N.Y. (AP) -- Engineering company Griffon Corp. said Monday it named Ronald J. Kramer chief executive, effective April 1.

Kramer, 49, will succeed the retiring Harvey R. Blau, who will remain as non-executive chairman of the board. Kramer has served as a Griffon board member since 1993 and is also vice chairman.

Kramer currently serves as president of Las Vegas-based casino operator Wynn Resorts Ltd., where he is also a director.

Griffon shares fell 23 cents, or 3 percent, to $7.55 in morning trading.
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