Cleveland, Oh., USA - November 12, 2009, Cleveland, Oh., USA - NACCO Industries, an operating holding company, announced that Michael J. Morecroft, president and chief executive officer of NACCO's subsidiary, Hamilton Beach Brands, Inc., will retire on December 31.
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Dr. Morecroft has been president and chief executive officer of Hamilton Beach Brands since 2001. He joined what was then Hamilton Beach, which was owned by Glen Dimplex, in 1987 and remained with the company when it was acquired by NACCO Industries, Inc. Dr. Morecroft led Hamilton Beach's product development and engineering activities until 2001 when he became president and CEO. Dr. Morecroft will serve on the Boards of Directors of Hamilton Beach Brands, Inc. and The Kitchen Collection, Inc. as Vice Chairman. In these roles, Dr. Morecroft will continue to be active in both companies by supporting their leadership transitions and focusing on strategic issues.
Gregory H. Trepp currently Vice President, Global Operations for Hamilton Beach Brands, Inc. and Interim President and Chief Executive Officer of NACCO's wholly owned subsidiary, The Kitchen Collection, Inc. will become President and Chief Executive Officer of Hamilton Beach Brands and will become a member of Hamilton Beach Brand's Board of Directors. Mr. Trepp will also continue as the Chief Executive Officer of The Kitchen Collection, Inc., and as a member of Kitchen Collection's Board of Directors. Mr. Trepp joined Hamilton Beach Brands in January 1996 as Director of Marketing. Mr. Trepp received a Bachelor of Science degree from the University of Richmond and a Masters of Business Administration degree from the University of Connecticut.
Effective January 1, 2010, Robert LeBrun will become the President of The Kitchen Collection Inc. In addition, Alfred M. Rankin, Jr., Chairman, President and Chief Executive Officer of NACCO Industries, Inc., will assume the position of Chairman of both the Hamilton Beach Brands and Kitchen Collection Boards of Directors. ■