Columbus Mckinnon Appoints Gerald Colella and Chad Abraham to Board of Directors
November 11, 2021 at 08:30 am EST
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Columbus McKinnon Corporation announced the appointments to its Board of Directors of Gerald Colella, retired President and CEO and current Chair of MKS Instruments Inc. and Chad Abraham, Chair and CEO of Piper Sandler. The appointments are effective November 11, 2021. Mr. Colella is the Chair of MKS Instruments, a global provider of instruments, systems, subsystems, and process control solutions that measure, monitor, deliver, analyze, power and control critical parameters of advanced manufacturing processes. Mr. Abraham has been Chair and CEO of Piper Sandler (NYSE: PIPR), a leading investment bank and financial services company since 2018. Mr. Abraham joined Piper Sandler in 1991 as an investment banking analyst for the technology sector. Following that role, he initiated and grew Piper Sandler?s presence in Menlo Park, CA, and later advanced to the head of capital markets. Mr. Colella will serve on the Compensation Committee and on the Governance and Nomination Committee. Mr. Abraham will serve on the Audit Committee and on the Governance and Nomination Committee.
Columbus McKinnon Corporation designs, manufactures and distributes a broad range of material-handling products for various applications. The Company's products include a wide variety of electric, air-powered, lever, and hand hoists, hoist trolleys, explosion-protected hoists, winches, and aluminum work stations; alloy and carbon steel chains; forged attachments, such as hooks, shackles, textile slings, clamps, and load binders; mechanical and electromechanical actuators and rotary unions; below-the-hook special purpose lifters; and power and motion control systems, such as alternate current (AC) and direct current (DC) drive systems, radio remote controls, push button pendant stations, brakes, and collision avoidance and power delivery subsystems. The Companyâs brands include Budgit, Chester, CM, Coffing, Little Mule, Pfaff, Shaw-Box, STAHL, Magnetek, Herc-Alloy, and Yale. The Company is focused on commercial and industrial applications.