Core Molding Technologies, Inc. (NYSE MKT: CMT) announced today that Chief Operating Officer, Stephen J. Klestinec, plans to retire, effective November 28, 2014. Klestinec joined the company in 1998 and has been Core's Chief Operating Officer since 2007. The company is actively recruiting for a replacement.
"I have been fortunate to work with so many great people at Core and will miss their comradery. I have been contemplating for some the time the best time to move on and concluded that after 16 years, the timing was right to transition to the next stage of my life. I have every confidence in the ability of this team to continue to succeed," Klestinec said.
"Steve has been a tremendous asset to Core making many contributions and working tirelessly over the years to support our growth. We will miss his leadership, his experience and his friendship," said Kevin L. Barnett, President and Chief Executive Officer. "All of us at Core wish him the very best with his retirement," said Barnett.
