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Article: Badger Meter Elects Richard Meeusen CEO; James L. Forbes to Continue as Chairman.
- Article from:
- Business Wire
- Article date:
- April 19, 2002
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Business Editors
MILWAUKEE--(BUSINESS WIRE)--April 19, 2002
Badger Meter, Inc. (AMEX: BMI) today announced that company President Richard A. Meeusen, 47, has been elected chief executive officer. As CEO, he succeeds James L. Forbes, 69, who is retiring effective April 30, 2002 but will continue as chairman.
Forbes has served as CEO of Badger Meter since 1987. He joined the company in 1979, was elected a vice president in 1981, president in 1982, president and CEO in 1987 and chairman and CEO in 1999.
Under Forbes' leadership, Badger Meter's sales have nearly tripled and the company's stock price increased from approximately $3.50 in ...