Scovill Fasteners Appoints New Board Member James Pinto Joins Scovill Fasteners Board of Directors Business Wire CLARKESVILLE, Ga. -- October 14, 2013 James I. Pinto, a Gores Executive, has joined the Board of Scovill Fasteners, a part of The Gores Group portfolio of companies. Following his announcement today, Craig Stoudt, Chief Executive Officer of Scovill Fasteners, stated that “I’m pleased to have someone of Jim’s caliber and experience join our Board, and am excited for our team’s opportunity to work with him.” Scovill combines over 200 years of experience and expertise to provide high-performance closures and fasteners. Scovill serves a wide range of markets including fashion, infantwear, career apparel, jeanswear, leather products, sporting goods, military, marine and medical. In addition to fastener products, Scovill provides attaching equipment and technical support services. “Over the last several months, Scovill has made tremendous progress as we have transitioned our organization forward by focusing internally on operational improvement and externally on providing the best possible experience for our customers. Jim’s background in operations and experience with best-in-class organizations will provide us with valuable insight as we continue our transformation and growth,” said Stoudt. “I look forward to partnering with Craig and the Scovill leadership team,” said Pinto. “The business has made significant progress during the past year, and I look forward to assisting the team with continued top line growth and operational improvements.” Pinto has held various operational and supply chain roles throughout his career across a variety of aerospace and industrial businesses including Textron Lycoming, Greenlee Textron and Textron Fluid and Power as well as Tyco International’s Electrical and Metal Products Business Unit. Pinto earned Six Sigma Greenbelt and Champion Certifications as well as an APICS certification in Production and Inventory Management. He has a BS degree in Business Administration/ Operations Management from Rowan University and a MBA from Sacred Heart University. About Scovill Fasteners Scovill Fasteners develops and manufactures a diverse range of high-performance fasteners for apparel and industrial partners. With customer-focused capabilities and global collaboration, Scovill provides the highest level of service – from fastener design and delivery to application. Founded in 1802, Scovill products include buttons, zippers, snap fasteners, grommets and washers as well as attaching machine equipment and technical service. In addition, Scovill offers custom metal stamping and surface finishing. About The Gores Group LLC The Gores Group LLC is an investment firm focused on acquiring controlling interests in mature and growing businesses which can benefit from the firm’s operating experience and flexible capital base. The firm combines the operational expertise and detailed due diligence capabilities of a strategic buyer with the seasoned M&A team of a traditional financial buyer. The Gores Group, LLC, which was founded in 1987 by Alec E. Gores, has become a leading investor having demonstrated over time a reliable track record of creating substantial value in its portfolio companies alongside management. Headquartered in Los Angeles, The Gores Group, LLC maintains offices in Boulder, CO, and London. For more information, please visit www.gores.com Contact: Scovill Fasteners April Spiegel (706) 754-0521 or The Gores Group Frank Stefanik (310) 209-3010
Scovill Fasteners Appoints New Board Member
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