Amerson said, It has been a privilege to lead Flanders for more than 20 years. We have faced challenges over the last few years, but the recent results are a testament to the strength of the management team and its accomplishments in increasing efficiencies, reducing costs and fortifying our financial foundation. We are operating profitably and the entire company is focused on increasing shareholder value. I have complete faith in Harry, and with his team in place I have the luxury of pursuing other business opportunities and spending more time with my family.
Smith stated, I want to thank Robert for his devotion to Flanders and for his confidence in my abilities. I am excited about Flanders as a leader and innovator in air filtration, and I am committed to continue to lead focused on revenue growth, profitability and positive EBITDA.
Jeff Korn, lead independent director, stated, On behalf of the board and the entire company I want to thank Robert for his years of dedicated service. Selfishly, we are sorry to see him retire — but we are happy for him and wish him nothing but the best. I share Robert’s belief in Harry and know Robert has left the company in incredibly good hands.
