Twin Disc, Inc. (NASDAQ: TWIN), It is with deep sadness and a
heavy heart that we announce the passing of Michael E. Batten, Chairman
of Twin Disc, Inc. He died in his sleep on the morning of May 6, 2015 at
the age of 75.
Since June 1, 1970, Mr. Batten worked at Twin Disc and was fully devoted
to the company and his family. His positive impression on the countless
coworkers he worked with in his over four decades of service at Twin
Disc, as well as the greater community of his lifelong home of Racine,
Wisconsin, will not be forgotten. Mr. Batten will always be remembered
for his hard work, dedication, intelligence, honesty and fairness. He
will be forever missed.
The board of directors met on May 7, 2015 and appointed David B. Rayburn
as Chairman. Mr. Rayburn has been a director of Twin Disc for more than
15 years and was a former President and Chief Executive Officer of a
global NYSE company. Mr. Rayburn relinquished his position as Chairman
of Twin Disc’s Nominating and Governance Committee, and the board of
directors appointed Michael C. Smiley, who has been a Twin Disc director
since 2010, as the new Chairman of that Committee.
Twin Disc, Inc. designs, manufactures and sells marine and heavy-duty
off-highway power transmission equipment. Products offered include:
marine transmissions, surface drivers, propellers and boat management
systems, as well as power-shift transmissions, hydraulic torque
converters, power take-offs, industrial clutches and control systems.
The Company sells its products to customers primarily in the pleasure
craft, commercial and military marine markets, as well as in the energy
and natural resources, government and industrial markets. The Company’s
worldwide sales to both domestic and foreign customers are transacted
through a direct sales force and a distributor network.
Copyright Business Wire 2015