NEW YORK - Universal Alloy
Corp. (UAC), an aluminum extruder and manufacturer of aircraft
components, has made a number of changes to its
As part of a re-structuring UACs U.S. and European
divisions will now report to a new parent company called
UAC-Global, according to Michael Tojner, chairman of the board
of Montana Tech Components AG, UAC's owner.
Chip Poth, president of the
UAC U.S. operations, has been named chief executive officer of
UAC-Global with effect from Jan. 14.
Poth joined the company in 2001 as vice president of sales and
marketing before becoming president.
John Ball, who has been chief executive officer of UAC for the
past 21 years, is now co-chairman of the board of directors for
In addition, Ingolf Planer has been appointed as chief
financial officer of UAC-Global; Richard Griffin, previously
chief financial officer, will serve on the board of directors;
Kevin Loebbaka, currently president of UAC-Europe, will become
chief operating officer of UAC-Global; and Michael Colt,
general manager for the Canton, Ga., facility, has been named
senior vice president of operations for the U.S. group.
"This executive management
change is a natural succession plan for our company and ensures
our valued cutomer and employee relationships will continue to
be our first priority," Tojner said in a statement.
UAC operates extrusion
facilities Anaheim, Calif.; Wichita, Kan.; Romania and
Switzerland, in addition to Canton.