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McClatchey steps down at SAF


August 27, 2012
By Southern Aluminum Finishing Company

p1190476penn_jimAug. 27, 2012 – The board of directors of SAF has announced that John McClatchey is retiring from the position of president, effective September 1. McClatchey has held the job since 1988. He will continue to serve on the board of directors. McClatchey plans to work as CFO of SAF for at least another two years.

Aug. 27, 2012 – The board of directors of SAF has announced that John
McClatchey is retiring from the position of president, effective
September 1. McClatchey has held the job since 1988. He will continue to
serve on the board of directors. McClatchey plans to work as CFO of SAF
for at least another two years.

James and Penn McClatchey will share the CEO job,
assuming the titles co-CEO. James will take responsibility for sales, IT and finance. Penn will take responsibility for operations, engineering and marketing. James joined SAF in 1973, and
Penn joined SAF in 1986. Both men have deep experience in all areas of
the company's business.

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p1190476penn_jim 
James (left) and Penn McClatchey.


 

Under John McClatchey's leadership, SAF began manufacturing wall panel
systems, column covers, perimeter systems roofing-edge trims, and coil
anodizing. SAF opened a 100,000 square-foot fabrication and fluorocarbon coating
facility in Villa Rica, Ga., in 2003, and a 70,000 square-foot operation in
Redding, Calif., in 2006.

John McClatchey stated, "This is an ideal time for a CEO transition. The company is in very good shape strategically and financially. The
management team at SAF is second to none and ready to capitalize on the
many opportunities ahead. I have great confidence in Penn and James and
their ability to lead SAF to the next level of success. They are
surrounded by a very strong group of talented people at all levels of
the organization."

Penn McClatchey commented, "I look forward to working closely with James
to finish out 2012 in strong fashion, and I'm excited about leading SAF
in 2013 and into the future.”

James McClatchey said, “SAF has thrived despite a harsh building
products market during the last four years. Our success has always been
based on a model of shared decision making. I look forward to working
with our management team to open our new anodizing line in Redding
later this year.”

Based in Atlanta, Ga., SAF is a nation-wide aluminum extrusions and sheet distributor, aluminum
fabricator, and aluminum finisher specializing in Kynar painting and
architectural anodizing. SAF also distributes column covers,
architectural panels, and commercial roofing trim to architectural
specifiers, glazing contractors, and other industries. Customers can
order batch aluminum anodizing, painting, coil anodizing, powder coating
and custom fabricating.

Related links
www.saf.com


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