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SOURCE JBT Corporation
CHICAGO, Jan. 3, 2014 /PRNewswire/ -- JBT Corporation (NYSE: JBT), a leading global technology solutions provider to the food processing and air transportation industries, today announced that Dave Burdakin has joined the Company as Vice President and Division Manager, JBT AeroTech.
Dave, 58, joins JBT with over 25 years of experience in industrial manufacturing and leadership. Most recently he served as Non-Executive Chairman of Mayline Corporation, a private equity owned industrial company. Dave holds an MBA from Stanford University Graduate School of Business and a Bachelor's degree in Industrial Engineering from Lehigh University.
From 2007 until 2012, Dave was President and Chief Executive Officer of Paladin Brands, a leading independent manufacturer of attachment tools for construction equipment including mobile aviation support equipment. He was recruited by Dover Corporation, following their acquisition of Paladin in 2006, to integrate eight independent businesses and to significantly improve results while strengthening the leadership team. At Paladin, Dave led a team that notably improved profitability through lean and other initiatives, and substantially improved working capital. In addition, Dave achieved increased market share by implementing global customer sales penetration initiatives including best-in-class lead times and new product development.
Prior to joining Dover, Dave spent fourteen years at HNI Corporation, including seven years as President of The HON Company, HNI's largest operating company. At HON, Dave led lean transformation processes resulting in notable market share growth and margin expansion. Dave also has previous experience with ITW and Bendix.
"We are excited to have Dave on board with JBT," said Tom Giacomini, President and Chief Executive Officer of JBT. "Dave and I have worked very well together in the past and I believe his demonstrated success and tool kit associated with operational strategy development and deployment, pricing, lean implementation, and product globalization will prove to be a significant benefit to AeroTech and to JBT."
JBT Corporation (NYSE: JBT) is a leading global technology solutions provider to the food processing and air transportation industries. JBT Corporation designs, manufactures, tests and services technologically sophisticated systems and products for regional and multi-national industrial food processing customers through its JBT FoodTech segment and for domestic and international air transportation customers through its JBT AeroTech segment. JBT Corporation employs approximately 3,200 people worldwide and operates sales, service, manufacturing and sourcing operations located in over 25 countries. For more information, please visit www.jbtcorporation.com or www.jbtfoodtech.com.
This release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are information of a non-historical nature and are subject to risks and uncertainties that are beyond the Company's ability to control. These risks and uncertainties are described under the caption "Risk Factors" in the Company's Annual Report on Form 10-K filed with the Securities and Exchange Commission, which may be accessed on the Company's website. The Company cautions shareholders and prospective investors that actual results may differ materially from those indicated by the forward-looking statements.
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