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ESAB CEO Clay Kiefaber to retire by year's end

By Mark Koenig

November 18, 2015 - Clay Kiefaber will be retiring effective Dec. 31, 2015 as welding company ESAB’s president and CEO and as EVP, Colfax. Matthew Trerotola, CEO & President, Colfax Corp., will serve as interim President of ESAB while a search for a successor for ESAB is being conducted. 

Colfax, which acquired ESAB in 2012, also announced today that Steve Breitzka will be joining ESAB as interim SVP Global Operations & Americas, to assist with the transition. Steve was previously president and CEO of Apex Tool Group and before that spent more than 12 years at Danaher leading industrial businesses.

Mr. Kiefaber said, “I am proud to have been a part of Colfax’s evolution, and have appreciated the opportunity to work with so many smart, talented and hard working professionals.  The business has a strong foundation in place and is well positioned for the future.”

Colfax Corp. is based in Annapolis Junction, Maryland. ESAB's headquarters is in Florence, South Carolina, although the Florence facility is slated to close in March 2016.

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