Ellison Technologies has announced a change to its executive suite and a new ownership mix as the culmination of a two-year transition plan. Founding partners and executive committee members Don Bendix, Klaus Rindt and Len Atkins have officially retired. Veteran Ellison executives Tim Kilty, Graham Hooper and Kent Lorenz have formally assumed all executive committee responsibilities. The fourth founding partner, Jim Ellison, will remain as chairman and chief executive officer.
The make-up of the executive committee supports the continuity of Ellison's management culture as the company incorporates new partners, Mitsui
"Our partnership with Mori Seiki has allowed us to offer our customers a wider range of services, increase our investment in engineering innovation and continue to support our growing customer base," said Jim Ellison. "Our new relationship with Mitsui will be just as mutually advantageous. Ellison will provide Mitsui new supply and distribution channels while Mitsui's financial strength will support Ellison's aggressive growth strategy and continued strength in the market."
Ellison Technologies is a provider of advanced manufacturing solutions to North American metal-cutting manufacturers and their global affiliates.