DMC Global Appoints Jim Schladen as President of Arcadia Products, LLC
30 Janvier 2025 - 10:00PM
DMC Global Inc. (Nasdaq: BOOM) today announced Jim Schladen has
rejoined its Arcadia Products, LLC (Arcadia) business as president,
effective February 3, 2025. Mr. Schladen returns to Arcadia after
previously serving as its president from 2000 until his retirement
in January 2023. Arcadia is a supplier of architectural building
products to the commercial and high-end residential construction
industries.
Under his leadership, Arcadia grew from a small,
California-based building products business into a leading regional
supplier, achieving double-digit compound annual sales growth and
industry-leading profitability from 2010 until his retirement. The
business now operates sales locations and production facilities
throughout the western and southwestern United States, providing
high-growth regions with commercial exterior and interior aluminum
framing solutions.
James O’Leary, DMC’s interim CEO, said, “I am
pleased to welcome Jim back to Arcadia. Since I joined the DMC
board, Jim has been a valuable resource regarding Arcadia’s
markets, history and what drove its success under his leadership.
We are looking forward to working with him in this exciting new
chapter of Arcadia’s history.
“I would also like to thank Chris Scocos, who
has been working on several foundational operational improvement
initiatives since September of 2024, and has served as interim
president of Arcadia since last November. Chris will continue to
assist us in ensuring a smooth transition as interim vice president
of operations.”
Mr. Schladen began his career at Arcadia in 1986
and subsequently departed to co-found Wilson Partitions, a provider
of commercial interior building products. Arcadia acquired Wilson
in 1998, at which time Mr. Schladen rejoined the company. Before
his appointment as president, he held the roles of head of sales
for Arcadia Commercial Exteriors, and president of Commercial
Interiors. He earned a bachelor’s degree in business economics from
the University of California, Los Angeles.
About DMC GlobalDMC Global is
an owner and operator of innovative, asset-light manufacturing
businesses that provide unique, highly engineered products and
differentiated solutions. DMC’s businesses have established
leadership positions in their respective markets and consist of:
Arcadia, a leading supplier of architectural building products;
DynaEnergetics, which serves the global energy industry; and
NobelClad, which addresses the global industrial infrastructure and
transportation sectors. DMC’s businesses are led by experienced,
strategically focused management teams, which are supported with
business resources and capital allocation expertise to advance
their operating strategies and generate the greatest returns. Based
in Broomfield, Colorado, DMC trades on Nasdaq under the symbol
“BOOM.” For more information, visit: www.dmcglobal.com.
Safe Harbor Language This news
release contains certain forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended,
including, but not limited to, our intent to enhance value for our
stakeholders. All of these statements are based on management’s
expectations as well as estimates and assumptions prepared by
management that, although they believe to be reasonable, are
inherently uncertain. These statements involve risks and
uncertainties, including, but not limited to, economic,
competitive, governmental and other factors outside of the
Company’s control that may cause its business, industry, strategy,
financing activities or actual results to differ materially. More
information on potential factors that could affect the Company and
its financial results is available in the “Risk Factors” and
“Management’s Discussion and Analysis of Financial Condition and
Results of Operations” sections within the Company’s Annual Report
on Form 10-K for the year ended December 31, 2023, and in other
documents that the Company has filed with, or furnished to, the
U.S. Securities and Exchange Commission. The Company does not
undertake any obligation to release public revisions to any
forward-looking statement, including, without limitation, to
reflect events or circumstances after the date of this news
release, or to reflect the occurrence of unanticipated events,
except as may be required under applicable securities laws.
CONTACT:Geoff HighVice
President of Investor Relations303-604-3924
DMC Global (NASDAQ:BOOM)
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