Ed Auslander named CEO at Lord Corp as McNeel retires

ERJ staff report (DS)

Cary, North Carolina -- Lord Corp. said Rick McNeel, chairman, president and CEO, will retire as president and CEO of the company, effective Dec. 31, 2012.

Ed Auslander has been named McNeel's successor and will assume the role of president and CEO of LOrd Corporation, effective Jan. 1, 2013. Auslander was appointed vice president, Global Business Management, in 2010. He is currently responsible for the company's profit and loss, capital management, capacity planning, product strategy, and project prioritisation.

McNeel will remain as chairman of the Lord Board of Directors, where he will continue to provide leadership and support to LORD regarding its strategic plan and company direction.

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Press release from Lord Corp