Twin Disc Appoints Kevin Olsen to Its Board of Directors
August 08 2022 - 3:15PM
Twin Disc, Inc. (NASDAQ: TWIN) a global leader in power
transmission technology for marine, land-based and oil & gas
applications, has appointed Kevin Olsen to its Board of Directors.
Mr. Olsen is currently the President and Chief
Executive Officer of Dorman Products, Inc. (NASDAQ: DORM) and also
serves as a member of Dorman’s Board of Directors. Mr. Olsen
previously served as Dorman’s Chief Financial Officer from 2016 to
2018. Dorman Products, Inc. is a leading supplier of replacement
parts and fasteners for passenger cars and light-, medium-, and
heavy-duty vehicles in the motor vehicle aftermarket industry.
Prior to Dorman, Mr. Olsen held a variety of senior leadership
positions at companies such as Colfax, Crane Co., Netshape
Technologies, Inc. and Danaher Corporation. Prior thereto, Mr.
Olsen performed public accounting work at PricewaterhouseCoopers
LLP.
“We are pleased to welcome Kevin to our Board of
Directors and are confident that his background and experience will
benefit Twin Disc and its shareholders,” said John H. Batten, Chief
Executive Officer. “His experience in executive leadership and
financial management with large organizations, will be a tremendous
asset for Twin Disc.”
About Twin Disc Twin Disc, Inc.
designs, manufactures and sells marine and heavy-duty off-highway
power transmission equipment. Products offered include marine
transmissions, azimuth drives, surface drives, 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. For more information,
please visit www.twindisc.com.
Contact: Jeffrey S. Knutson (262) 638-4242
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