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FOR
IMMEDIATE RELEASE:
L.E.
(ED) SHULTZ ELECTED SECRETARY/TREASURER OF THE OUTDOOR POWER EQUIPMENT
INSTITUTE
Ponte
Vedra, Florida, June 22, 2001ÑL.E. (Ed) Shultz, CEO of Murray,
Inc., was elected Secretary/Treasurer of the Outdoor Power Equipment
Institute (OPEI) during the AssociationÕs 49th Annual Meeting
in Ponte Vedra, Florida.
Mr.
Shultz joined Tomkins PLC in 1992, as President and CEO of Smith
& Wesson Corporation. In 1994, he was promoted to President of
Tomkins' Professional Garden and Leisure Group which included
Murray, Inc. and Hayter Limited, a UK-based mower manufacturer,
as well as Smith & Wesson. He has continued as CEO of Murray since
the acquisition of Murray by Summersong Investments in October
of 2000.
Before
joining Tomkins PLC, Mr. Shultz served three years as president
of the HON Company, the office furniture manufacturer. And prior
to that he spent ten years at Lozier Corporation fixturing retail
stores during the 1980's rapid growth of the U.S. retailing industry.
For six of those ten years, he was president of the company
Mr.
Shultz is an engineering graduate of the Iowa State University
and he is a registered professional engineer.
Mr.
Shultz has served on the OPEI Board of Directors since 1995 and
was the 1996/97 Chairman of the Technical Advisory Committee.
The
Secretary/Treasurer of OPEI oversees the financial activities
of the trade association and serves as Chairman of the Finance
and Budget Committee. Mr. Shultz's term is for one year in accordance
with OPEI bylaws.
OPEI
is a trade association whose membership is primarily composed
of U.S. manufacturers of powered lawn and garden maintenance products,
components and attachment supplies, as well as industry-related
services. OPEI's domestic members manufacture in excess of 95%
of the U.S. consumer retail market for gas and electric powered
lawn and garden maintenance products.
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