Pentacon Names Herrmann VP; Seeks to Expand its Investor Visibility
John Wolz
Pentacon Inc. named Michael Herrmann vice president of U.S. industrial group sales.
Herrmann was a regional sales leader for the past two years with the responsibility for national agreements, acquiring new business and expanding current customers. He previously was with Fastenal and Coleman Consulting.
Mary McClure vice president of Industrial group sales and Pentacon board member, will continue to work with specific customers and focus on international sales with specific concentration on Mexico, Canada and Europe.
Pentacon also announced it retained investor relations firm SM Berger & Company to expand investor relations, improve the visibility of its stock in the investment community and broaden its shareholder base.
“Investor relations are as important to a public company as customer relations,” Pentacon CEO Rob Ruck said. “As Pentacon begins to realize the benefits of management initiatives, we want the investing public to know how we are enhancing shareholder value.”
Berger�s average client stocks rose 44% in the first five months of 2001, compared with the S&P 500, which is down 5.1%.
Pentacon distributes fasteners and small parts and provides inventory management from 35 U.S. distribution facilities and sales offices in Europe, Canada, Mexico and Australia. Web: pentacon.com
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