Leadership changes announced for Watco Companies, Inc.

PITTSBURG—(March 19, 2003)—Four senior management changes were announced Tuesday by Watco Companies President and CEO Rick Webb.  Webb said these changes are part of the continuing process to improve and grow the company.
            “Our continued focus is to improve customer satisfaction, improve profitability and do both for the long term.  In that is the expectation that we continually improve by placing our employees where they can help our customers the most,” Webb said.
            The four management changes are:

ü      Randy Bennett, Executive Vice President Switching Services will report directly to the CEO.

ü      All operations in Jacksonville, FL, will report directly to Wayne Sigley, COO Mechanical Services.

ü      Warehousing operations in Pittsburg, KS, will report to Brad Snow, Property Manager in the Support Service Division.

ü      All mechanical operations in Pittsburg and Coffeyville, KS, will continue to report to Dick Webb, Founder and Chairman.

As we continue to improve as a company we will be calling on individuals to assume additional responsibilities, while allowing others to focus their energy on specific profit centers.

“We have some exciting and prosperous times ahead for our company and I look forward to working with every employee everyday to serve our customers.” Webb said.

 

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                               Watco Companies, Inc. * 315 W. 3rd Street * Pittsburg, KS 66762 * Phone: 620-231-2230 * Fax: 620-231-0812