WEST CALDWELL, N.J., July 25 /PRNewswire/ -- Merrimac Industries, Inc.
(AMEX:MRM) reported today that Charles F. Huber II, 67, has resigned as
Chairman of the Company and as a member of the Board of Directors. The
Board elected Mason N. Carter, the current President and Chief Executive
Officer, as Mr. Huber's successor.
Mr. Huber stated that: ``Merrimac is growing. Mason Carter is now
running the business as I envisioned it should be run when I joined the
Board over ten years ago. It is time to transfer my responsibilities
having the greatest of confidence in the future of Merrimac and Mason
Carter.''
Speaking on behalf of the Board, Mr. Carter said: ``The guidance and
leadership to the Company that Charlie has provided over the last three
years has placed us in a position from which the Company can grow. He
successfully led us through a difficult and challenging period of
time.''
Merrimac Industries' locations in West Caldwell, NJ and San Jose, Costa
Rica have approximately 160 employees in the design and manufacture of
high- performance components and subsystems for communications, defense
and aerospace applications. Merrimac (MRM) is listed on the American
Stock Exchange.
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SOURCE: Merrimac Industries, Inc.
Contact: Mason N. Carter, Chairman, President and CEO of Merrimac
Industries, 973-575-1300, ext. 202, fax: 973-882-5989,
mnc@merrimacind.com or http: |
