Harbour Group Announces Management Changes

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Jul 10, 2015, 04:00 ET

ST. LOUIS, July 10, 2015 /PRNewswire/ -- Harbour Group, a privately owned operating company that acquires and builds high-quality companies, has promoted several managers, Jeff Fox, CEO and chairman, announced.

Zachary Waltz, a managing director who has led the company's marketing efforts within the acquisitions team, will now focus on additional transaction-related responsibilities, including deal execution. Waltz, who received a B.S. in mechanical engineering and an M.B.A. from Washington University in St. Louis, joined Harbour in 2007.

Kevin Klebe, vice president of finance since he joined Harbour in 2006, has been promoted to managing director and will move from the finance team to acquisitions. Klebe has a B.S. in accounting from Miami University of Ohio. Before joining Harbour he had been with the Chicago office of PricewaterhouseCoopers and Chief Financial Officer for The Land of Nod, a Chicago-based retailer of home furnishings for children.

Gary Beinke, vice president of finance – treasurer, has been promoted to senior vice president of finance -- treasurer. Beinke joined Harbour in 1998. Earlier, he had been a manager at PricewaterhouseCoopers. He has a B.S. in accounting from the University of Missouri at Columbia.

Jeff DePlanty, vice president of finance, has been promoted to senior vice president of finance. DePlanty joined Harbour in 2001. Before that, he had been with PricewaterhouseCoopers and the corporate controller for Jackson Products, a St. Louis-based manufacturer of personal and highway safety products. He has a B.S. in accounting from the University of Illinois at Champagne.

"We pride ourselves at Harbour on the experience and depth of our management team," Fox said. "These promotions are more evidence of that strength."

Meanwhile, Clay Hunter, a managing director, has decided to leave the company to pursue other interests.

"Clay made many contributions to our team at Harbour," Fox said. "We wish him the best."

About Harbour Group

Harbour Group is a privately owned, operations focused company based in St. Louis, Mo. Harbour Group's companies are engaged in manufacturing and distribution in multiple industries, including flow and energy measurement, boiler systems, professional diagnostic and repair tools, specialty LED systems, niche distribution, logistics services, decorative kitchen and bath hardware, abrasives, diamond-cutting products and related tools, entertainment and music products, and auxiliary plastic processing equipment. Since its founding in 1976, Harbour Group has acquired 180 companies in 38 different industries.

SOURCE Harbour Group