The Kohler Co. Board of Directors recently elected Chairman and CEO Herb Kohler to the new role of executive chairman effective June 1. Kohler will continue to chair the board, lead its executive committee, oversee shareholder communications, manage corporate mergers and acquisitions, and the company’s Hospitality and Real Estate Group.
Additionally, Kohler’s son, David, is the company’s new president and CEO. He had been Kohler’s chief operating officer since 2009. David Kohler’s duties will expand to include responsibility for the company’s corporate staff and three of its business groups. The company noted it has a comprehensive succession plan for all middle- and upper management positions.
The change, it said, is part of an orderly transition to ensure the company is able to adhere to its mission of creating a higher level of gracious living and guiding principles of living on the leading edge of design and technology while maintaining a single level of quality.
“I am confident that after 24 years with the company and seven years as president and COO, David is prepared to take on the chief executive role and to grow Kohler Co.,” Herb Kohler stated.
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