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Dayton Superior Announces Management Changes

Dayton Superior announced today that effective January 1, 2013, James P. McRickard will become the President and Chief Executive Officer of Dayton Superior Corporation replacing Eric (Rick) Zimmerman. Mr. McRickard will also become a director of Dayton Superior Corporation at the time he joins the Company. He most recently served as President, Morgan Ceramics North America. Morgan is a $1.9B company focused on complex advanced material solutions for customers across the globe. Previously, he also was Group Vice President and GM of Global Engineered Products at Kennametal Inc. and spent 20 years at Alcoa, Inc. with the last six as President, Alcoa Specialty Metals. He earned his BS and MS of Finance at Robert Morris University.

Mr. Zimmerman, who will be assisting in the transition through February, will officially leave Dayton Superior after the World of Concrete Show. “It has been a pleasure leading the Dayton Superior team through all of the challenges of the last seven years and I look forward to helping Jim get up to speed quickly. He brings an increased focus on engineering, manufacturing and lean operations that will certainly help strengthen our products, service, and the Dayton Superior brands.”

Jordon Kruse, board member and Managing Director at Oaktree Capital Management, LP, which manages funds that collectively hold a majority of Dayton’s shares, said “We at Oaktree would like to thank Rick Zimmerman for his seven years of hard work and dedication to Dayton Superior. Rick’s leadership has allowed Dayton to successfully navigate the challenging non-residential construction markets. Rick has been a great partner and we wish him success in his future endeavors. We are excited to have Jim McRickard join us as CEO and lead Dayton in its next phase of growth.”

 

ABOUT DAYTON SUPERIOR CORPORATION

Dayton Superior Corporation is the largest concrete forming company in North America and the leading provider of building products to the non-residential concrete construction industry. The Company is serving more than 4,000 customers with 17,000 specialized products through 14 manufacturing facilities and 15 distribution centers in the United States, Canada, and Panama.

Our products can be found on construction sites nationwide and are used in a broad spectrum of construction projects, including: the infrastructure sector (highways, bridges, airports, power plants and water management projects); the institutional segment (schools, stadiums, hospitals and government buildings); and commercial projects (retail stores, offices and recreational, distribution and manufacturing facilities).

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