Melville, New York April 14, 2009….. Park Electrochemical Corp. (NYSE –
PKE) announced the appointment of Marty Kendrick as Vice President of
Operations. In this new position, Ms. Kendrick will be responsible for
the Park’s operations in Asia, Europe and North America with the
exception of the Company’s Park Advanced Composite Materials, Inc.
advanced composite materials operation located in Waterbury,
Connecticut. Ms. Kendrick will continue to report to Brian Shore, Park’s
President and Chief Executive Officer. Most recently, Marty was Vice
President of North American Operations of Park with responsibility for
Park’s Neltec, Inc., Nelco Products, Inc., Park Aircraft Technologies
Corp. and Park Aerospace Structures Corp. subsidiaries. Marty originally
joined Park in 1984.
The Company also announced the appointment of Tom Pursch as the
President of the Company’s Park Aerospace Structures Corp. aircraft
composite parts subsidiary in Lynnwood, Washington and the Company’s
Park Aircraft Technologies Corp. aircraft composite materials and
technologies subsidiary in Newton, Kansas. In these positions, Tom is
responsible for the day-to-day operations of such subsidiaries and
reports to Ms. Kendrick. Since joining the Company in October of 2008,
Mr. Pursch was President of Park’s Nelco Products, Inc. electronics
materials subsidiary located in Fullerton, California. Prior to joining
the Company, Mr. Pursch had been Vice President and General Manager of
Amphenol Printed Circuits in Nashua, New Hampshire since 2005 and Vice
President and General Manager of Teradyne, Inc. in Nashua since 2002.
Prior to 2002, Mr. Pursch served in various management, manufacturing
and engineering positions with Teradyne, Inc.
In addition, the Company announced the appointment of Jim Stewart as
Vice President of Operations of the Company’s Nelco Products, Inc.
subsidiary located in Fullerton, California. In this position, Jim is
responsible for the day-to-day operations of such subsidiary and reports
to Ms. Kendrick. Mr. Stewart has over thirty years of sales and
management experience in the electronics industry. He held senior
management positions at NCR Corporation and Diceon Electronics prior to
joining Park Electrochemical Corp. in 1990. Mr. Stewart previously held
sales management positions at Park’s Nelco Products, Inc. subsidiary and
at Park before he was appointed to the position of Vice President of
Sales and Marketing of Park in 2000.
John Jongebloed will continue to serve as President of the Company’s
Park Advanced Composite Materials, Inc. subsidiary located in Waterbury,
Connecticut, and in such capacity John will continue to report directly
to Brian Shore.
Park Electrochemical Corp. is a global advanced materials company which
develops and manufactures high-technology digital and RF/microwave
printed circuit materials principally for the telecommunications and
internet infrastructure and high-end computing markets and advanced
composite materials, structures and components principally for the
aerospace markets. Park’s core capabilities are in the areas of polymer
chemistry formulation, coating technology and advanced composite
structures and component design and fabrication. The Company’s
manufacturing facilities are located in Singapore, China, France,
Connecticut, Kansas, Arizona, California and Washington.
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