Dave Frescoln, president of the organization since 1992, has been elected vice chairman and CEO of the global company, while COO Linda Welty has been named to the added role of president. David B. Flint will continue in his position of executive vice president of the family-owned company.
"These changes will ensure a smooth transition at the very top of our organization," said Howard Flint. "I will continue to have an active role in setting the direction of the company, and will support the new leadership team in whatever way I can as they take on the challenges of a changing industry."