CTB INTERNATIONAL CORP. ADDS DEPTH TO
MANAGEMENT TEAM WITH NEW POSITION AND NEW CFO
MILFORD, Ind., Sept. 18, 2000 - CTB International Corp. (NASDAQ: CTBC), a
leading designer, manufacturer and marketer of systems for the poultry, hog, egg
production, and grain industries, today reported that Don J. Steinhilber has
been named vice president of business planning and development while Richard J.
(Dick) Freeman has been hired as vice president and chief financial officer.
According to Victor A. Mancinelli, president and chief executive officer of the
Indiana-based firm, "The newly created position of vice president of business
planning and development reflects CTB's growth and the need to capitalize on
additional opportunities that we believe exist for it. We're pleased to have
grown to the point where such a position is needed and to have a seasoned
executive such as Don Steinhilber to lead in this area. We're also delighted to
welcome a new chief financial officer with the skills and experience that Dick
Freeman brings to the position."
Steinhilber has been employed by CTB since 1991 in finance roles including vice
president and chief financial officer the past four years. He is a CPA who holds
a B.S. in accounting from St. Joseph's College and has 20 years of business
analysis and finance experience.
Since 1987, Freeman has worked for Sunrise Medical (NYSE:SMD), one of the
world's largest manufacturers of home health care and extended care products.
Most recently, he served as vice president of finance for the Home Healthcare
Group of Sunrise Medical. Freeman has held other accounting and finance
positions during his career including director of accounting for McCormick &
Company, Inc. (NYSE:MKC). He is a CPA who holds a B.A. in economics from Ohio
Wesleyan University, and an M.B.A. in finance and accounting from Boston
University. Freeman also has a strong background in information technology with
more than 20 years of business systems design and implementation experience.
Founded in 1952, CTB operates from facilities in the U.S.A., Europe and Latin
America as well as through a worldwide distribution network. The company's web
address is www.ctbinc.com.
