GEORGE B. Smith, current Chairman of the Board and CEO of S&S Cycle, has announced his retirement from regular involvement in the company, becoming Chairman Emeritus.
John McGinnis, an S&S Board Director since 2007 and Vice-Chairman the past three years, has been elected Chairman of the Board to replace George B. Smith, following on from the two men having been working closely on many significant projects.
S&S Cycle was founded in 1958 by George J. Smith and his wife Marjorie A. Smith and moved from Chicago to Viola, Wisconsin in 1969. George B., who joined the business in 1979, is the eldest of the second generation of Smith children, and became company President following his father’s death in 1980.
“The past 35 years has been quite a ride,” said Smith. “I am very proud of what the S&S team has accomplished. I was extremely fortunate and blessed to be in the right place at the right time with a great group of family members and employees dedicated to continue the legacy Dad and Mom started.
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| George B. Smith, formerly the Chairman of the Board and CEO of S&S Cycle, is stepping down to take on the role of Chairman Emeritus |
"But the time has come for me to step back a bit and enjoy some time off and let the organization we built, led by our Board of Directors, take over. As Chairman Emeritus I will continue to be involved as necessary while at the same time spending more time with my wife Connie and family. I have great confidence in our Board and after working closely with John McGinnis the past seven years, I find him well qualified to take over ongoing Chairman responsibilities.”
“It is a great honor to become Chairman of S&S Cycle and relieve George of some of his responsibilities so he can enjoy some well-deserved time off,” responded McGinnis. “I look forward to coordinating the Board’s efforts in further developing our management team as we continue to grow S&S in today’s demanding and changing market place. I’m confident this transition will go smoothly including working with George and the other Shareholders. These are opportunistic times at S&S Cycle and I find it challenging and exciting to work with S&S President Steve Iggens and the S&S Team to develop and implement new strategic initiatives that will best serve our customers into the future.”
S&S CYCLE
Viola, Wisconsin, USA
Tel: 608 627 1497
sscust@sscycle.com
www.sscycle.com
