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WEBCO INDUSTRIES, INC. ANNOUNCES THE RETIREMENT OF LONG TIME BOARD MEMBER, DR. KENNETH E. CASE

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Webco Industries, Inc. (OTC: WEBC) announced the retirement of Dr. Kenneth E. Case from its Board of Directors after nearly 30 years of service. Dr. Case, a former Regents Professor of Industrial Engineering and Management at Oklahoma State University, has been an invaluable asset to Webco, contributing his extensive knowledge of engineering and quality. His retirement marks the end of a significant era for the company.

CEO Dana S. Weber and President David E. Boyer expressed their deep appreciation for Dr. Case's contributions, highlighting his insights, humor, and impact on Webco's growth from a small tubing manufacturer to an industry leader. Dr. Case's influence extended beyond his board role, with many of his former students becoming engineers and leaders at Webco.

Webco Industries, Inc. (OTC: WEBC) ha annunciato il ritiro del Dott. Kenneth E. Case dal suo Consiglio di Amministrazione dopo quasi 30 anni di servizio. Il Dott. Case, ex Professore di Ingegneria Industriale e Management presso l'Oklahoma State University, è stato un prezioso elemento per Webco, contribuendo con la sua vasta conoscenza in ingegneria e qualità. Il suo ritiro segna la fine di un'era significativa per l'azienda.

Il CEO Dana S. Weber e il Presidente David E. Boyer hanno espresso la loro profonda gratitudine per i contributi del Dott. Case, sottolineando le sue intuizioni, il suo senso dell'umorismo e il suo impatto sulla crescita di Webco, che è passata da un piccolo produttore di tubi a un leader del settore. L'influenza del Dott. Case si è estesa oltre il suo ruolo nel consiglio, con molti dei suoi ex studenti che sono diventati ingegneri e leader presso Webco.

Webco Industries, Inc. (OTC: WEBC) anunció la jubilación del Dr. Kenneth E. Case de su Junta Directiva después de casi 30 años de servicio. El Dr. Case, ex Profesor Regents de Ingeniería Industrial y Gestión en la Universidad Estatal de Oklahoma, ha sido un valioso activo para Webco, aportando su amplio conocimiento en ingeniería y calidad. Su jubilación marca el final de una era significativa para la empresa.

El CEO Dana S. Weber y el Presidente David E. Boyer expresaron su profundo agradecimiento por las contribuciones del Dr. Case, destacando sus perspectivas, humor e impacto en el crecimiento de Webco, que pasó de ser un pequeño fabricante de tubos a un líder de la industria. La influencia del Dr. Case se extendió más allá de su rol en la junta, ya que muchos de sus ex estudiantes se convirtieron en ingenieros y líderes en Webco.

웹코 산업 주식회사 (OTC: WEBC)는 케네스 E. 케이스 박사가 거의 30년간의 봉사 끝에 이사회에서 은퇴한다고 발표했습니다. 케이스 박사는 오클라호마 주립대학교의 산업 공학 및 경영학의 전직 레전츠 교수로서 웹코에 귀중한 자산이었으며, 그의 폭넓은 공학 및 품질 지식이 도움이 되었습니다. 그의 은퇴는 회사에 중요한 시대의 끝을 의미합니다.

CEO 다나 S. 웨버와 사장 데이비드 E. 보이어는 케이스 박사의 공헌에 대한 깊은 감사를 표했으며, 그의 통찰력, 유머, 그리고 작은 튜브 제조업체에서 업계 리더로 성장하는 웹코에 미친 영향을 강조했습니다. 케이스 박사의 영향력은 이사회 역할을 넘어 확장되어, 그의 많은 제자들이 웹코 내에서 엔지니어 및 리더가 되었습니다.

Webco Industries, Inc. (OTC: WEBC) a annoncé le départ à la retraite du Dr Kenneth E. Case de son Conseil d'Administration après près de 30 ans de service. Le Dr Case, ancien professeur Regents d'ingénierie industrielle et de gestion à l'Université d'État de l'Oklahoma, a été un atout inestimable pour Webco, apportant ses vastes connaissances en ingénierie et en qualité. Son départ à la retraite marque la fin d'une époque significative pour l'entreprise.

Le PDG Dana S. Weber et le Président David E. Boyer ont exprimé leur profonde gratitude pour les contributions du Dr Case, soulignant ses perspectives, son humour et son impact sur la croissance de Webco, qui est passée d'un petit fabricant de tubes à un leader de l'industrie. L'influence du Dr Case a dépassé son rôle au sein du conseil, de nombreux anciens élèves devenant ingénieurs et leaders chez Webco.

Webco Industries, Inc. (OTC: WEBC) gab die Pensionierung von Dr. Kenneth E. Case aus seinem Vorstand nach fast 30 Jahren Dienst bekannt. Dr. Case, ein ehemaliger Regents Professor für Produktions- und Managementtechnik an der Oklahoma State University, war ein wertvolles Mitglied von Webco und trug mit seinem umfangreichen Wissen in Ingenieurwesen und Qualität bei. Seine Pensionierung markiert das Ende einer bedeutenden Ära für das Unternehmen.

CEO Dana S. Weber und Präsident David E. Boyer äußerten ihre tiefste Wertschätzung für die Beiträge von Dr. Case und hoben seine Einsichten, seinen Humor und seinen Einfluss auf das Wachstum von Webco hervor, das sich von einem kleinen Rohrhersteller zu einem Marktführer entwickelt hat. Dr. Cases Einfluss erstreckte sich über seine Rolle im Vorstand hinaus, da viele seiner ehemaligen Schüler zu Ingenieuren und Führungskräften bei Webco wurden.

Positive
  • Dr. Case's long-term service (nearly 30 years) indicates stability in the company's leadership
  • Webco has grown from a small tubing manufacturer to an industry leader during Dr. Case's tenure
  • The company has benefited from Dr. Case's extensive knowledge in engineering and quality
Negative
  • Loss of a long-standing board member with valuable industry experience and insights
  • Potential disruption in board dynamics and decision-making processes

SAND SPRINGS, Okla., Aug. 12, 2024 /PRNewswire/ -- Webco Industries, Inc. (OTC: WEBC) announced that Dr. Kenneth E. Case has advised the Company he is retiring from Webco's Board of Directors after nearly 30 years of service.

He is a deep thinker with a great sense of humor. He always brought great insights to meetings and our Forever mission.

Dr. Case commented, "I have cherished my time on the Board at Webco, participating firsthand as the business and its people have grown from a small tubing manufacturer to the technical brand and industry leader they are today. The culture at Webco is unmatched and the integrity of its management and trusted teammates unwavering. Leaving the Board is one of the toughest decisions I have ever made, but it is simply time for me to step aside and allow others to carry on Webco's forever purpose."

Dana S. Weber, Chief Executive Officer and Chairperson, said "Dr. Case has been an invaluable asset for the entirety of his association with Webco. We are deeply saddened that he will no longer serve on our Board and he will be sorely missed. He is a deep thinker with a great sense of humor. He always brought such great insights to every meeting and our Forever mission." David E. Boyer, Webco's President and Chief Operating Officer added, "Dr. Case's value to Webco extended well beyond his role as a Board member. Through his extensive knowledge of engineering and quality, he gave us advice that consistently made our people, products, and processes better. In addition, over his almost 30 years on the Board, many of his engineering students at Oklahoma State University, of which I was one, became engineers and leaders at Webco. We are all blessed to have worked with Dr. Case." 

Dr. Case retired in June 2005 from Oklahoma State University as a Regents Professor of Industrial Engineering and Management after being with the university since August 1975. He is a licensed professional engineer and was named the Outstanding Engineer in Oklahoma in 1987. Dr. Case was a Senior Examiner on the Malcolm Baldrige National Quality Award from 1988 to 1990, and on the Panel of Judges from 1991 to 1993. He is a member of the National Academy of Engineering and the International Academy for Quality. He is a Fellow and former president of the 100,000-member American Society for Quality, and in 2014, he received the Distinguished Service Medal, the ASQ's highest honor. He is a Fellow and former president of the Institute of Industrial Engineers and also received the Frank and Lillian Gilbreth Industrial Engineering Award, the IIE's highest honor.

Webco's mission is to continuously build on our strengths as we create a vibrant company for the ages. We leverage on core values of trust and teamwork, continuously building strength, agility and innovation. We focus on practices that support our brand, such that we are 100% engaged every day to build a Forever kind of company for our teammates, customers, business partners, investors and community. We manufacture and distribute high-quality carbon steel, stainless steel and other metal tubular products designed to industry and customer specifications. We have five tube production facilities in Oklahoma and Pennsylvania and nine value-added facilities in Oklahoma, Texas, Illinois and Michigan, serving customers globally.

CONTACT:

Mike Howard
Chief Financial Officer
(918) 241-1094
mhoward@webcotube.com

Cision View original content:https://www.prnewswire.com/news-releases/webco-industries-inc-announces-the-retirement-of-long-time-board-member-dr-kenneth-e-case-302220574.html

SOURCE Webco Industries, Inc.

FAQ

Why is Dr. Kenneth E. Case retiring from Webco Industries' (WEBC) Board of Directors?

Dr. Case is retiring after nearly 30 years of service, stating it's time for him to step aside and allow others to carry on Webco's forever purpose. His retirement is a personal decision and not due to any reported issues with the company.

How long did Dr. Kenneth E. Case serve on Webco Industries' (WEBC) Board of Directors?

Dr. Kenneth E. Case served on Webco Industries' Board of Directors for nearly 30 years before announcing his retirement in August 2024.

What contributions did Dr. Kenneth E. Case make to Webco Industries (WEBC) during his tenure?

Dr. Case contributed his extensive knowledge of engineering and quality, provided valuable insights, and played a role in Webco's growth from a small tubing manufacturer to an industry leader. Many of his former students also became engineers and leaders at Webco.

How has Webco Industries (WEBC) responded to Dr. Kenneth E. Case's retirement announcement?

Webco's leadership, including CEO Dana S. Weber and President David E. Boyer, expressed deep appreciation for Dr. Case's contributions and sadness at his departure. They acknowledged his invaluable role in the company's growth and success.

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