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Hamilton-Beach CEO Morecroft to Retire
Nov 12, 2009
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NACCO Industries, Inc. announced that Dr. Michael J. Morecroft, president and CEO of NACCO's wholly owned subsidiary, Hamilton Beach Brands, Inc., will retire on Dec. 31, 2009.

Dr. Morecroft has been president and CEO 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 Chief Executive Officer.

As part of the company's succession plan, 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.

Upon Dr. Morecroft's retirement, Gregory H. Trepp, currently vice president, Global Operations for Hamilton Beach Brands, Inc. and interim president and CEO of NACCO's wholly owned subsidiary, The Kitchen Collection, Inc. will become president and CEO of Hamilton Beach Brands and will become a member of Hamilton Beach Brand's Board of Directors. Mr. Trepp will also continue as the CEO 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. Since that time, he has held positions of increasing responsibility within Hamilton Beach Brands and Kitchen Collection and brings extensive experience and knowledge of the Company and the industry to his new positions. 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 Jan. 1, 2010, Robert LeBrun will become the president of The Kitchen Collection Inc. In addition, Alfred M. Rankin, Jr., chairman, president and CEO of NACCO Industries, Inc., will assume the position of Chairman of both the Hamilton Beach Brands and Kitchen Collection Boards of Directors.

Also, Gregory E. Salyers, currently vice president, Global Operations for Hamilton Beach Brands, will be appointed senior vice president, Global Operations, and Scott Tidey, currently vice president, North America Sales and Marketing for Hamilton Beach Brands will be appointed senior vice president, North America Sales and Marketing.

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