Milacron Appoints Jason Eglit to Board of Directors
07 Diciembre 2007 - 9:38AM
Business Wire
Milacron Inc. (NYSE: MZ) today announced the appointment of Jason
T. Eglit of Bayside Capital, an affiliate of H.I.G. Capital, to the
company�s board of directors effective immediately. �We are pleased
to welcome Jason Eglit to our board,� said Ronald D. Brown,
Milacron chairman, president and chief executive officer. �He
brings to Milacron a strong background in entrepreneurial and
financial expertise.� Prior to joining Bayside in January 2007,
Eglit, 36, was founder and senior vice president of finance and
operations of AdvancePath Academics, Inc. Prior to that he was a
manager and consultant with Bain & Company, Inc. He holds a
bachelor of arts degree from Williams College, a masters of science
in engineering-economic systems from Stanford University, and a
masters of business administration from the Tuck School of Business
at Dartmouth. The number of directors on Milacron�s board remains
at 13, as Eglit replaces former director Steven N. Isaacs of
Glencore Finance, who has resigned. H.I.G. Capital is a leading
middle market private investment firm, founded in 1993. It has over
$4 billion of equity capital under management focusing on venture
capital and traditional leveraged buyout investments. In October
2007, Bayside Capital acquired the majority of Milacron�s Series B
Preferred Convertible Stock. First incorporated in 1884, Milacron
is a leading global supplier of plastics-processing technologies
and industrial fluids, with major manufacturing facilities in North
America, Europe and Asia. For further information, visit
www.milacron.com or call the toll-free investor line: 800-909-MILA
(800-909-6452).
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