Elkay Manufacturing Names New Leader

Ric_Phillips1

Elkay Manufacturing announced today Ric Phillips will serve as president and CEO. He replaces Tim Jahnke, who led the company since 2007, and is retiring from day-to-day leadership, but will remain on Elkay's board of directors.

With more than 2,500 employees worldwide, Oakbrook, Ill.-based Elkay manufactures plumbing and water delivery products. It's also the parent company of Elkay Interior Systems, a global interior design and manufacturing company, and Elkay Commercial Systems, a stainless commercial kitchen products business.

Phillips was formerly president and CEO of Essendant Inc. (formerly United Stationers Inc.) and worked at McKinsey & Co. for 14 years.

"It is an exciting time to join Elkay, and I feel honored to fill this important role at such a pivotal moment in the company's history," said Phillips.

"As Tim steps away from day-to-day leadership and more fully into his position on the board, it is a pleasure that a leader of Ric's caliber has agreed to join our company in this key leadership role as president and CEO,” Ron Katz, Elkay's chairman of the board of directors, said in a statement. “I have every confidence in his ability to lead our company forward."

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