ARC Group Worldwide Announces New Interim Chief Executive Officer and Board Member
ARC GROUP WORLDWIDE INC (ARCW)
Last arc group worldwide inc earnings: 2/9 04:35 pm
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US:NASDAQ Investor Relations:
arcgroupworldwide.com/investor-relations.html
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Source: GlobeNewswire
DELAND, Fla., June 23, 2017 (GLOBE NEWSWIRE) -- ARC Group Worldwide, Inc. (“ARC” and the “Company”) (NASDAQ:ARCW), a leading global provider of advanced manufacturing and metal 3D printing solutions, today announced the appointment of Drew M. Kelley as Interim Chief Executive Officer and Board Member, replacing Jason T. Young, who is leaving his position with the Company and ARC’s Board to pursue other interests. Mr. Kelley has served as the Company’s Chief Financial Officer since October 2013, and prior to joining the Company, was an accomplished investment banker and equity research analyst. The appointment will be effective July 1, 2017. Mr. Kelley commented, “I appreciate the confidence the Board has placed in me and look forward to working with the entire ARC organization as we establish and implement initiatives designed to improve operational efficiency, increase financial profitability, and create a stronger balance sheet. Due to poor decisions and execution by the Compa
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