IDEAL President/CEO Jim James Named Vice Chairman of the Board of Directors

Date
03/13/2012

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IDEAL INDUSTRIES, INC., one of the world's largest manufacturers and suppliers of quality tools, connectors and testing products for the Electrical and Data Communications markets, announced that its President and CEO Jim James will assume the additional duties of Vice Chairman of the Board of Directors, effective immediately. Mr. James joined IDEAL in August of 2008 as President and CEO. Previous to that appointment, he served as President of ITW Building Components Group, a division of Illinois Tool Works. On the subject of Mr. James's appointment, Dave Juday, Chairman of the IDEAL Board of Directors, commented, "In his three years here Jim has skillfully guided IDEAL through a severe recession, brought a new commitment to efficiencies and lean processes, and spearheaded several acquisitions that provide opportunities and access to new markets for us. Our growth in sales, earnings, and market presence during Jim's tenure has been remarkable." "Jim being named to a leadership role on the board is reflective of the board's confidence in his operational skill as well as the vision and commitment to strategy that he has shown." www.idealindustries.com

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