Frederick Baer of PCMC retires and joins Barry-Wehmiller board

Posted in Latest News on July 19, 2006

Frederick 'Rick' Baer, executive vice president of corporate development at Paper Converting Machine Company (PCMC), has retired from his duties with PCMC, following an internal announcement last month. He has also accepted an invitation to join the board of directors of PCMC’s parent company, Barry-Wehmiller Companies, Inc. of St. Louis, from Barry-Wehmiller Chairman and CEO Robert Chapman.

The PCMC business has been in the Baer family for three generations and was purchased by Barry-Wehmiller in October 2005. Under the terms of the agreement, the Baer family has a significant investment in Barry-Wehmiller stock, along with the Chapman family and more than 200 other employees, directors and investors.

‘Following the close of the sale of PCMC to Barry-Wehmiller, I thought it important to continue with the company to ensure a smooth transition and to offer historical perspective and counsel to the new management of the company,’ Baer stated. ‘I believe that the transition has gone very well and that, today, PCMC has a sustainable business model that is enabling the company to operate profitably, both now and into the future.’

Commenting on the announcement, Chapman said, ‘With a rich history of leadership over its 80 years, PCMC is a significant part of the future of Barry-Wehmiller. We are pleased to welcome Rick to our board, who shares our commitment to further develop a positive culture for our team members at PCMC and to continually refine our vision to remain a competitive supplier for the tissue and nonwovens converting and flexographic printing industries.’

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