National Presto Industries : Jeffers named Vice President of Sales
June 05, 2017 at 04:33 pm EDT
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NATIONAL PRESTO INDUSTRIES, INC. NAMES JEFFERS AS VICE PRESIDENT OF SALES
Eau Claire, Wisconsin (June 5, 2017) - National Presto Industries, Inc. (NYSE: NPK) announced today Spencer Ahneman's decision to retire as Vice President of Sales effective September 1, 2017. Richard Jeffers has been elected to succeed Mr. Ahneman in the position, also effective September 1, 2017.
Maryjo Cohen, President, stated, 'We will miss Mr. Ahneman as our Vice President of Sales but are fortunate that he has agreed to work with us in another role and that we will continue to enjoy the benefits of the wise counsel and experience he has gained during his 39-plus years with the company. Mr. Jeffers will be a worthy successor. He too is a seasoned veteran of the industry with a career spanning almost 40 years.'
Mr. Jeffers spent his first 11 years at Presto in a variety of sales roles, returning in 2014 as the Company's National Accounts Sales Manager. He also worked for Black & Decker as a national sales manager, held executive sales positions at Windmere, Applica, and Salton, and owned and operated a successful manufacturer's representative firm.
National Presto Industries, Inc. operates in two business segments. The Housewares/Small Appliance segment designs and sells small household appliances and pressure cookers under the PRESTO® brand name and is recognized as an innovator of new products. The Defense segment, operating under the aegis of National Defense Corp, manufactures a variety of products, including medium caliber training and tactical ammunition, other military energetic devices and materials, detonators, fuzes, cartridge cases, less-lethal munitions, and less-lethal accessory equipment.
This release contains 'forward looking statements' made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995 that are subject to certain risks and uncertainties, as well as assumptions, that could cause actual results to differ materially from historical results and those presently anticipated or projected. In addition to the factors discussed above, other important risk factors are delineated in the Company's various SEC filings.
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National Presto Industries Inc. published this content on 05 June 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 05 June 2017 20:33:13 UTC.
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National Presto Industries, Inc. is engaged in various business segments, which includes Housewares/Small Appliance, Defense and Safety. The Housewares/Small Appliance segment designs, markets and distributes housewares and small electrical appliances, including pressure cookers and canners, kitchen electrics, and comfort appliances. The Defense segment manufactures 40-millimeter (mm) ammunition, precision mechanical and electro-mechanical assemblies, medium caliber cartridge cases and metal parts; performs Load, Assemble and Pack (LAP) operations on ordnance-related products primarily for the United States Government and prime contractors, and manufactures detonators, booster pellets, release cartridges, lead azide and others. The Safety segment offers systems that provide early warning of conditions that could ultimately lead to significant losses and also offers carbon monoxide alarms with large digital displays and an array of voice messages that clearly inform of incipient danger.
NATIONAL PRESTO INDUSTRIES, INC. 
