Kimball Electronics, Inc. Announces Executive Changes
February 01, 2023 at 03:27 am IST
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Kimball Electronics, Inc. announced the Company celebrated the retirement of long-standing Chairman and CEO, Donald D. Charron, and welcomed incoming Chief Executive Officer, Richard D. Phillips, with a market closing bell ceremony at Nasdaq on February 22, 2023. As previously announced, Mr. Charron will be retiring from Kimball Electronics on February 28, 2023, and Mr.
Phillips, an accomplished executive and transformational leader across manufacturing, distribution, industrial,
consumer, and healthcare, will join Kimball Electronics on March 1, as Chief Executive Officer and a Director.
In addition, Lead Independent Director, Robert J. Phillippy, a member of the Kimball Electronics Board since
2018, will become the Company's non-executive Chairperson.
Kimball Electronics, Inc. is a multifaceted manufacturing solutions provider. The Company provides electronics manufacturing services (EMS), including engineering and supply chain support, to customers in the automotive, medical, and industrial end markets. It produces durable electronics and extends to contract manufacturing services for non-electronic components, medical disposables, drug delivery solutions, precision molded plastics, and production automation, test, and inspection equipment. Its services support the complete product life cycle of its customersâ products, and its processes and capabilities cover a range of products from high volume-low mix to high mix-low volume. It offers its services globally on a contract basis and it manufactures products to its customers' specifications. The Company manufactures products for its customers at facilities located in the United States, China, Mexico, Poland, Romania, Thailand, and Vietnam. It also has operations in India and Japan.