Herbert Kohler stepping down as company CEO

Freeman Staff

April 30, 2015

KOHLER - After 43 years, Herbert V. Kohler Jr., chief executive officer of the company that bears his name, is stepping down.

Kohler, 76, will give the CEO’s duties to his son and company president, David Kohler, the company announced Wednesday afternoon.

Forty-eight-year-old David Kohler will continue as president along with his CEO duties. He will assume responsibility for the company’s corporate staff and three of its business groups.

Herbert Kohler will now be executive chairman of the company, overseeing the board of directors and shareholder communications, managing mergers and acquisitions and leading its executive committee, among other duties, according to the announcement.

The Kohler Company, a national and international producer of kitchen and bath products, has annual revenue of nearly $6 billion. It employs some 32,000 people.

www.kohler.com