Twin Disc, Inc. Announces Demise of Michael E. Batten, Chairman and Appoints David B. Rayburn as Chairman
May 07, 2015 at 03:20 pm
Share
Twin Disc Inc. announced the passing of Michael E. Batten, Chairman. The board of directors met on May 7, 2015 and appointed David B. Rayburn as Chairman. Mr. Rayburn has been a director of Twin Disc for more than 15 years and was a former President and Chief Executive Officer of a global NYSE company.
Mr. Rayburn relinquished his position as chairman of Twin Disc's Nominating and Governance Committee, and the board of directors appointed Michael C. Smiley, who has been a Twin Disc director since 2010, as the new Chairman of that Committee.
Twin Disc, Incorporated designs, manufactures and sells marine and heavy duty off highway power transmission equipment. The Company has two reportable segments: Manufacturing and Distribution. The Companyâs products offered include marine transmissions, azimuth drives, surface drives, propellers and boat management systems as well as power-shift transmissions, hydraulic torque converters, power take-offs, industrial clutches, controls systems and non-Twin Disc manufactured products. The Company sells its products to customers primarily in the pleasure craft, commercial and military marine markets, as well as in the energy and natural resources, government and industrial markets. The Company has manufacturing locations in the United States, Belgium, Italy, Switzerland, and the Netherlands. In addition to these countries, it has distribution locations in Singapore, China, Australia, and Japan.