Cohesant Technologies realigns management.CLEVELAND--(BUSINESS WIRE)--May 6, 1996--The Board of Directors of Cohesant Technologies Inc. (Nasdaq:COHT) announced today that Morton A. Cohen cohen or kohen (Hebrew: “priest”) Jewish priest descended from Zadok (a descendant of Aaron), priest at the First Temple of Jerusalem. The biblical priesthood was hereditary and male. , Chairman of the Board, will take on the added responsibilities of President. In addition, Dwight D. Goodman, who is President and Chief Executive Officer of Glas-Craft, Inc., one of Cohesant's two subsidiaries, has been named Cohesant's Executive Vice President and Chief Financial Officer. These realignments are being made because Michael L. Boeckman has resigned as President, Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. and Secretary to pursue another business opportunity. "Mike Boeckman has worked hard from the outset to bring Cohesant together as a public company and his skill and dedication are appreciated," stated Mr. Cohen. "Having Dwight Goodman actively managing at the corporate level as well as at the Glas-Craft subsidiary will assist me in turning around Cohesant's financial performance. In my opinion, Cohesant's business plan and people are positioning the company to begin showing improved financial results in the second half of fiscal 1996." Mr. Cohen has been Chairman of the Board and Chief Executive Officer since the company's inception in 1994. Mr. Goodman has been a Cohesant Director since the company's inception. Both Mr. Cohen and Mr. Goodman are large shareholders of Cohesant. Cohesant Technologies Inc. designs, develops, and manufactures specialized spray finishing and coating application equipment and specialty coating, adhesive adhesive, substance capable of sticking to surfaces of other substances and bonding them to one another. The term adhesive cement is sometimes used in place of adhesive, especially when referring to a synthetic adhesive. , and sealant Sealant A thin plastic substance that is painted over teeth as an anti-cavity measure to seal out food particles and acids produced by bacteria. Mentioned in: Tooth Decay sealant see bone sealant. products through its two subsidiaries: Glas-Craft, Inc. and American Chemical Company. Glas-Craft manufactures spray finishing and coating equipment that meets strict new clean-air standards. American Chemical Company manufactures and sells over 250 coating, adhesive, and sealant products, including Aquatapoxy(R) and the recently acquired Raven raven, common name for the largest member of the family Corvidae (crow family), ranging throughout the arctic and temperate regions of the Northern Hemisphere. The raven, Corvus corax, is a glossy black scavenging bird about 26 in. line of high-performance coating systems that are resistant to water and corrosive corrosive /cor·ro·sive/ (kor-o´siv) producing gradual destruction, as of a metal by electrochemical reaction or of the tissues by the action of a strong acid or alkali; an agent that so acts. breakdown by most acids and solvents and can be used in drinking water drinking water supply of water available to animals for drinking supplied via nipples, in troughs, dams, ponds and larger natural water sources; an insufficient supply leads to dehydration; it can be the source of infection, e.g. leptospirosis, salmonellosis, or of poisoning, e.g. systems. CONTACT: Cohesant Technologies Inc., Cleveland Morton A. Cohen, 216/861-6266 |
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